Medical Insurance Plans For Children – Protect Your Kids!May 21, 2019
The “type” of policy that best fits you and your family is the keystone to having the proper insurance. Let me introduce you to the Greene family……..
What is your coinsurance rate and your TRUE maximum out of pocket? This differs from plan to plan and carrier to carrier. Typically your maximum out of pocket will be your deductible, any applicable coinsurance maximums, and any copays plus the premium you spend for the year. Seems like pretty easy math right? It’s usually not so cut and dry. Each health insurance plan calculates maximum out of pocket differently. Some have 0% so once you meet your deductible the insurance pays the rest. Some have 50/50, 70/30, 80/20 or even 90/10. Where you have to understand is how the calculate coinsurance maximums. Some are simple like 0%. Some are more complicated. 30% coinsurance to a maximum of $3,500….per insured on the policy! What if you have 5 kids and get into a car accident? What then?
It might seem to you that the NHS was satisfactory when it was just you in the picture, but now that you have children to care for, that is another story. Our health is not something that we can take lightly, especially when it comes to our little loved ones. We can never be too careful, and you never know what might happen. Luckily that is why private seguro de autos plans for children are on the market and at prices you probably did not envision were possible.
It’s not very bright to not have health care coverage these days. You can get sick out of the blue and you never know when injuries can occur. Getting health insurance isn’t cheap and expenses can add up pretty quick.
It’s up to us to remind our senators that an overwhelming majority of Americans-83%-supports a public health medical insurance plans option,3 and that weak half-measures like the “co-op” plan are no substitute for real reform.
Check the bill – Check your bill over multiple times. Hospital bills often contain errors which can drive up the cost of your bill. Errors related to length of stay, type of room, phone usage, etc all add up quickly. If you find an error, contact the billing office immediately. Clerical errors happen all the time, even in hospitals! Dispute the bill immediately, and make sure that it is adjusted. No one wants to pay more than they need to.
Overall, it is up to you to decide on the best trade off between premium and deductible. This is an individual decision that you have to take when comparing cheap insurance quotes. You have to make your choice by taking into consideration all relevant factors.