Find a Health insurance broker in Needles Today – Health Insurance is now Mandatory!
Falling ill or getting disabled are part of everyday life, as such it is critical to have medical health care or support eventually in life. Health insurance covers many health related expenditures and safeguards you from spending an excessive amount of money in health care expenses. Health care insurance is usually an agreement between you and the insurance company; it involves purchasing a health plan, where the company commits to pay out a portion of the medical charges when you are injured 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 rewards 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 tailored towards providing affordable health coverage to more Americans, in addition to decreasing the costs of health care spending. Rules developed 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 developed 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 industry to change the premiums based on variables like age, tobacco usage, geographical region and family size.
- Guaranteed renewability of coverage rules are designed to reaffirm the existing safeguards that individuals and companies have in respect to coverage renewals.
- The catastrophic plans, meanwhile, attract low premiums, cover recommended preventative options without cost sharing and protect the policy holders against high out-of-pocket expenses.
Finding a Health insurance broker in Needles
For companies, health insurance brokers play a vital role in helping small employers to find the most affordable health coverage for their employees and their family. 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 help these consumers by helping them to better comprehend their alternatives 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 affordable and meet their requirements.
- Thirdly, a lot of small businesses will also be procuring 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 need assistance to navigate the complex world of health care reforms.
There is Competition Between Needles 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 expense of premium in new markets. 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 indicates 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 expenses.
Choose Just Us Insurance in Needles For Your Health Insurance Needs
Just Us health coverage such as the one mandated by the Just Us Care Act guarantees many benefits to individuals and the family as a whole. The Just Us Care Act, mandates 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 cost effective 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 trying to find personal healthcare coverage in Needles or small business coverage, please call Just Us Insurance today.
