Find a Health insurance agent in Encinitas Now – Health Insurance is now Mandatory!
Health insurance pays for numerous health related costs and safeguards you from spending too much money in health care bills. Health care insurance is usually a contract between you and the insurance company; it involves getting a health plan, where the company commits to pay a part of the medical expenditures when you are injured or get sick.
The real benefits that come with Health Insurance far exceed 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 cost 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 regulated insurance premiums.
- The guaranteed availability of coverage rules were developed 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 calls for issuers under the small and individual group marketplace to change the premiums based on factors like age, tobacco usage, geographical locale and family size.
- Guaranteed renewability of coverage rules are designed to reaffirm the already existing safeguards that individuals and businesses have in respect to coverage renewals.
- The catastrophic plans, meanwhile, attract low premiums, include recommended preventative programs without cost sharing and safeguard the policy holders against high out-of-pocket expenses.
Finding a Health insurance agent in Encinitas
For companies, health insurance brokers play a critical role in assisting small employers to find the most affordable health coverage for their employees and their family. Because many people will purchase heath care coverage for the first time, the market for brokers in the health care sector is slated to grow.
- Brokers are expected to work with these consumers by helping them to better learn about their options and make more informed choices.
- Due to anticipated changes, brokers will play a vital role in assisting customers to find the perfect plans that are cost effective and meet their requirements.
- Thirdly, a lot of small businesses 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 advantage to using brokers is that most small businesses will need assistance to get through the complex world of health care reforms.
There is Competition Between Encinitas 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 price 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 implies that health insurance companies have to spend more on health care improvements 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 charges.
Choose Just Us Insurance in Encinitas 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 looking for personal healthcare coverage in Encinitas or small business coverage, please call Just Us Insurance today.
