Find a Health insurance agency in Santee Now – Health Insurance is now Mandatory!
Falling sick or getting hurt are part of everyday life, as such it is essential to have medical assistance or support eventually in life. Health insurance covers many health related charges and safeguards you from spending an excessive amount of money in health care costs. 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 a portion of the medical expenditures when you are hurt or get sick. The insurance plan is usually divided 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 outweigh 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 providing affordable health coverage to more Americans, in addition to reducing the expense of health care spending. Rules devised under the Health Insurance Market Reforms include; assured availability of coverage, single risk pool, and catastrophic plans, guaranteed renewability of coverage and regulated insurance premiums.
- The guaranteed availability of coverage rules were created 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 variables like age, tobacco usage, geographical locale and family size.
- Guaranteed renewability of coverage rules are designed to reaffirm the already existing safeguards that employers and individuals have in respect to coverage renewals.
- The catastrophic plans, on the other hand, attract low premiums, pay for recommended preventative services without cost sharing and safeguard the policy holders against high out-of-pocket expenses.
Finding a Health insurance agency in Santee
For businesses, health insurance brokers play a critical role in helping small employers to find the most affordable health coverage for their employees and their loved ones. 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 assist these consumers by helping them to better understand their choices and make more informed decisions.
- Due to anticipated changes, brokers will play a main role in assisting customers to find the most suitable plans that are affordable and meet their requirements.
- 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 advantage to using brokers is that most small businesses will need assistance to browse the complex world of health care reforms.
There is Competition Between Santee Health Insurance Companies
Several research studies have demonstrated 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 markets. The safeguards in the Just Us Care Act demand 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 Santee 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.
Please call Just Us Insurance today if you are looking for personal healthcare coverage or small business coverage.
