Health Insurances (Tips That Can Safe Your Life and Your Pocket)
Health Insurance has become a necessity in today’s world. The decisions of which Company to go with and the right plans to choose are very important decisions people need to make. You need to make sure the Insurance you choose is the right one for your individual needs or if you have a family the right one for their needs as well.
There are two types of Insurance plans in the United States, HMO (health maintenance organizations) and PPH (preferred provider health insurance plans). The HMO is the cheaper choice due to its constrictions, having to go to only the doctors and hospitals that are in there group. The PPH is more expensive but is the more flexible health insurance they have a larger network of clinic, doctors and hospitals that you can visit.
I have done some research and have put together some tips to help you make the right decision.
10 Tips To Help You Make The Right Health Insurance Decision
Tip number 1- Make a list of the reasons why you need to take out an Insurance plan and what you need your insurance to consist of.
Tip number 2- When you have your list, find a health insurance that includes the things on your list. Many health insurances offer you to be covered for particular diseases, such as (life threatening cancer, diabetes, heart attack, stroke, major organ transplant, coronary artery bypass surgery, kidney failure, coma, paralysis, blindness, etc.)
Tip number 3- Decide how much money you are can spend on your health insurance premiums. Most health insurance companies offer two plans
Tip number 4- Don’t fall for the first health insurance you find just because its cheep or the package looks good. Always research to make sure they cover you for your requirements. Make sure their terms and conditions are clear and that there is no small print.
Tip number 5- If you need to clarify a statement don’t be afraid to contact the insurance company and always get quotes and other correspondence in writing so that you have prove if needed.
Tip number 6- Make sure that you are the only person who can cancel or renew your policy. The health insurance company shouldn’t be able to cancel your health insurance with out your knowledge.
Tip number 7- Make sure you will be able to cancel your health insurance if it does not meet up to your standards or if other circumstances arise. A good health insurance will offer cancellation if needed. Some even over a cancellation period which if you cancel your insurance within that period they will give you a refund.
Tip number 8- Check out the company’s reputation. If a company has a bad reputation with its clients stay away from them, they are unlikely to treat you different than the way they treated previous clients. This can be done by checking insurance forums on the internet.
Tip number 9- Never sign with insurance on the day you receive the paper work. Read each and every sentence clearly, you should know what you getting yourself into, and know your benefits and the claim process before you sign. You don’t want to find out that you have a claims waiting period when you really need it. Make sure that if you are taking a family cover that each member of your family is listed on the forms.
Tip number 10- the final and most important always get a second person you trust to look over the insurance forms before you make a final decision. Sometimes you can miss out a very important clause.
There is a saying that knowledge is power but what I have found out is that knowledge is only power if it is accompanied by action. What benefit is it, if with all the knowledge you have your making no use of it. I have made it very easy for you by giving you a few tips in making the right health insurance decision all you need to do is put them into action. I hope they help in you making the best choice for yourself or for your whole family.