Find a Health insurance broker in Palm Springs Today – Health Insurance is now Mandatory!
Health insurance covers numerous health related costs and protects you from spending too much money in health care expenditures. Health care insurance is usually a contract between you and the insurance company; it involves obtaining 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 giving affordable health coverage to more Americans, in addition to decreasing 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 regulated insurance premiums.
- The guaranteed availability of coverage rules were devised to prohibit the issuers from rejecting 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 marketplace to change the premiums based on aspects like age, tobacco usage, geographical region and family size.
- Guaranteed renewability of coverage rules are designed to reaffirm the existing safeguards that employers and individuals have in respect to coverage renewals.
- The catastrophic plans, conversely, attract low premiums, pay for recommended preventative options without cost sharing and safeguard the policy holders against high out-of-pocket expenses.
Finding a Health insurance broker in Palm springs
For businesses, health insurance brokers play a crucial role in assisting small employers to find the most affordable health coverage for their employees and their relatives. 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 learn about their alternatives and make more informed decisions.
- Due to anticipated changes, brokers will play a major role in assisting customers to find the perfect plans that are economical and meet their needs.
- 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 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 Palm springs 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 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 enhancements 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 Palm springs 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, requires all the newer health cover plans offered to individuals and small group markets to address all the essential healthcare services. The categories covered are calculated to help families with their health insurance needs at reasonably economical prices. 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 considering personal healthcare coverage in Palm Springs or small business coverage, please contact Just Us Insurance today.
