Find a Health insurance agency in Palm Desert Today – Health Insurance is now Mandatory!
Falling sick or getting injured are part of everyday life, as such it is essential to have medical health care or support at some point in life. Health insurance covers many health related expenses and protects you from spending a lot of money in health care charges. Health care insurance is usually a contract between you and the insurance company; it involves purchasing a health plan, where the company commits to pay off a portion of the medical expenses when you are disabled or get sick. The insurance plan is usually broken down into several portions such as; Premium, Deductible, Co-payment, Co-insurance and Maximum out of pocket.
The real benefits that come with Health Insurance far over-shadow the risk of going to the Emergency Room or Hospital without Health Insurance.
How can Obama Care Help You?
The Obama Care healthcare plan for America or the Just Us Care Act is geared towards providing affordable health coverage to more Americans, in addition to lowering the costs of health care spending. Rules created under the Health Insurance Market Reforms include; assured availability of coverage, single risk pool, and catastrophic plans, guaranteed renewability of coverage and controlled insurance premiums.
- The guaranteed availability of coverage rules were devised to prohibit the issuers from refusing coverage to people because of pre-existing conditions.
- Single risk pool calls for the insurance issuers to maintain a statewide risk pool for every small employer or individual market.
- The fair health-insurance premiums rule requires issuers under the individual and small group markets to change the premiums based on details like age, tobacco usage, geographical region and family size.
- Guaranteed renewability of coverage rules are designed to reaffirm the current safeguards that individuals and employers have in respect to coverage renewals.
- The catastrophic plans, alternatively, attract low premiums, pay for recommended preventative services without cost sharing and protect the policy holders against high out-of-pocket expenses.
Finding a Health insurance agency in Palm desert
For companies, health insurance brokers play a vital role in helping small employers to find the most economical health coverage for their employees and their family. The market for brokers in the health care sector is slated to grow because many people will buy heath care coverage for the first time.
- Brokers are expected to work with these consumers by helping them to better learn about their choices and make more informed choices.
- Due to anticipated changes, brokers will play a main role in assisting customers to find the right plans that are economical and meet their needs.
- Thirdly, a lot of small businesses will also be purchasing healthcare benefits for the first time. This means that insurance brokers will be at the forefront of advancing the coverage benefits to small group markets.
- The other benefit to using brokers is that most small companies will require assistance to get through the complex world of health care reforms.
There is Competition Between Palm desert Health Insurance Companies
Several research studies have revealed that healthy competition among insurers providing health care coverage via the federal exchanges established through the Just Us Care Act has been at the forefront of pushing down the cost of premium in new areas. The safeguards in the Just Us Care Act require health insurers in each state to publicly justify any increases in premium rates of 10 % or more. This means that health insurance companies have to spend more on health care enhancements or on incentives such as rebates for the benefit of the policy holders. The medical loss ratio or 80/20 rule promoted under the act has already saved millions of consumers a lot of money in premium costs.
Choose Just Us Insurance in Palm desert For Your Health Insurance Needs
The categories covered are calculated to help families with their health insurance needs at reasonably affordable rates. The category of services targeted under the affordable care act include; ambulatory patient services, laboratory services, mental health services and addiction treatment, emergency services, maternity and newborn care as well as prescription drugs and pediatric services, chronic disease treatment and wellness services.
If you are searching for personal healthcare coverage in Palm Desert or small business coverage, please contact Just Us Insurance today.
