Find a Health insurance company in Blythe Right Now – Health Insurance is now Mandatory!
Falling ill or getting injured are part of everyday life, as such it is essential to have medical assistance or support eventually in life. Health insurance covers various health related expenditures and protects you from spending excessive money in health care charges. 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 part of the medical charges when you are hurt or get sick. The insurance plan is usually divided into several parts such as; Premium, Deductible, Co-payment, Co-insurance and Maximum out of pocket.
The real benefits 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 geared towards providing affordable health coverage to more Americans, in addition to minimizing the cost 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 controlled insurance premiums.
- The guaranteed availability of coverage rules were devised to prohibit the issuers from refusing coverage to people because of pre-existing conditions.
- Single risk pool requires 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 individual and small group industry to change the premiums based on details 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 employers have in respect to coverage renewals.
- The catastrophic plans, conversely, attract low premiums, pay for recommended preventative programs without cost sharing and safeguard the policy holders against high out-of-pocket expenses.
Finding a Health insurance company in Blythe
For businesses, health insurance brokers play a crucial role in helping small employers to find the most economical health coverage for their employees and their relatives. The market for brokers in the health care industry is slated to grow because many people will get heath care coverage for the first time.
- Brokers are expected to help these consumers by helping them to better understand their options and make more informed choices.
- Due to anticipated changes, brokers will play a vital role in assisting customers to find the most suitable plans that are affordable and meet their requirements.
- Thirdly, a lot of small companies 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 advantage to using brokers is that most small companies will need assistance to maneuver the complex world of health care reforms.
There is Competition Between Blythe 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 require 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 fees.
Choose Just Us Insurance in Blythe 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 Blythe or small business coverage, please call Just Us Insurance today.
