Find a Health insurance broker in Loma Linda Now – Health Insurance is now Mandatory!
Health insurance pays for numerous health related costs and protects you from spending too much money in health care expenses. 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 expenses when you are injured or get sick.
The advantages 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 providing affordable health coverage to more Americans, in addition to reducing the costs of health care spending. Rules formulated 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 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 requires issuers under the small and individual group markets 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 employers and individuals have in respect to coverage renewals.
- The catastrophic plans, on the other hand, attract low premiums, cover recommended preventative programs without cost sharing and protect the policy holders against high out-of-pocket expenses.
Finding a Health insurance broker in Loma linda
For companies, health insurance brokers play a crucial role in assisting small employers to find the most affordable health coverage for their employees and their loved ones. Because many individuals 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 assist these consumers by helping them to better learn about their options and make more informed choices.
- Due to anticipated changes, brokers will play a key role in assisting customers to find the ideal plans that are cost effective and meet their requirements.
- Thirdly, a lot of small businesses will also be securing 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 need assistance to maneuver the complex world of health care reforms.
There is Competition Between Loma linda Health Insurance Companies
Several research studies have shown 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 expense of premium in new markets. 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 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 Loma linda 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 cover all the essential healthcare services. The categories covered are calculated to help families with their health insurance needs at reasonably affordable costs. 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.
Please call Just Us Insurance today if you are looking for personal healthcare coverage or small business coverage.
