Find a Health insurance agency in Poway Today – Health Insurance is now Required!
Health insurance pays for numerous health related costs and safeguards you from spending too much money in health care charges. Health care insurance is usually a contract between you and the insurance company; it involves buying a health plan, where the company commits to pay a chunk of the medical charges when you are injured or get sick.
The real benefits that come with Health Insurance far offset 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 tailored towards giving affordable health coverage to more Americans, in addition to decreasing the costs of health care spending. Rules created under the Health Insurance Market Reforms include; guaranteed availability of coverage, single risk pool, and catastrophic plans, guaranteed renewability of coverage and governed insurance premiums.
- The guaranteed availability of coverage rules were designed to prohibit the issuers from denying 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 calls for issuers under the small and individual group marketplace to change the premiums based on aspects like age, tobacco usage, geographical area and family size.
- Guaranteed renewability of coverage rules are designed to reaffirm the current safeguards that individuals and businesses have in respect to coverage renewals.
- The catastrophic plans, meanwhile, attract low premiums, cover recommended preventative programs without cost sharing and safeguard the policy holders against high out-of-pocket expenses.
Finding a Health insurance agency in Poway
For businesses, health insurance brokers play a crucial role in assisting small employers to find the most economical health coverage for their employees and their family. The market for brokers in the health care market is slated to grow because many people will purchase heath care coverage for the first time.
- Brokers are expected to work with these consumers by helping them to better comprehend their choices and make more informed choices.
- Due to anticipated changes, brokers will play a main role in assisting customers to find the ideal plans that are affordable and meet their needs.
- Thirdly, a lot of small companies will also be buying 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 businesses will require assistance to get through the complex world of health care reforms.
There is Competition Between Poway 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 mandate 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 upgrades 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 fees.
Choose Just Us Insurance in Poway For Your Health Insurance Needs
Just Us health coverage such as the one mandated by the Just Us Care Act promises many benefits to individuals and the family as a whole. The Just Us Care Act, requires all the newer health cover plans offered to individuals and small group markets to include all the essential healthcare services. The categories covered are calculated to help families with their health insurance needs at reasonably economical rates. The categories 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 programs.
If you are looking for personal healthcare coverage in Poway or small business coverage, please call Just Us Insurance today.
