What to look for in good Health Insurance
Health insurance is a kind of protection that
provides payment of benefits for covered sickness or injury.
Included in health insurance are various types of insurance
such as accident insurance, disability income insurance,
medical expense insurance, and accidental death and
dismemberment insurance.
Before sign the health insurance policy make sure that you
have read thoroughly the benefit’s section. Take note of any
health care service that is not covered by your health
insurance policy. Also, pay specific attention to how the
health insurance policy is worded. Sometimes, health
insurance companies hide the health insurance coverage
exclusions within the definitions of words.
For instance, a health insurance company may define the term
‘emergency’ as anything that is life threatening condition
that cannot be reasonably treated by a primary care
physician. Whereas, your definition of ‘emergency’ may be
anything that requires quick medical attention.
Clearly, there is conflict for the two definitions. If you
find yourself in an emergency situation where you incur a
broker arm, for instance, your insurance company may deny
coverage for emergency room treatment of a broken arm for
the reason that the broken arm does not fall under the life
threatening category.
Therefore, you should read over carefully the health
insurance policy definitions, paying close attention to the
seven key words:
medical emergency
medically necessary
accidental injury
experimental or investigational
pre certification
pre-existing condition, and
reasonable and customary
These words and any words that are open to interpretation
should be regarded with wariness. Find out how your health
insurance company defines each of these.
Finally, find the section describing the procedures you must
follow in order for your insurance company to reimburse you.
These policy conditions or prerequisites are typically
worded in a positive tone. Read through each condition
carefully, make notes and call your health insurance company
with any questions.
You should also compare health insurance contracts before
you sign one. In order to compare exclusions, take two
policy contracts and find the exclusions sections. If you
want to compare a number of health insurance contracts then
you could use an online service.
After you obtain your free quote for the health coverage you
desire, apply for it online, and you'll obtain all the
information that you'll need to compare exclusions of each
health insurance policy (though sometimes this will require
more research.)
About the author:
by: Mike Spencer
Copyright 2005 Mike Spencer
Mike Spencer recently became unemployed and moved into self
employment. He was forced to find his own health insurance
plan to protect his family. It wasn't as easy as he first
thought. Here he shares the pitfalls of various plans and
what you need to look out for when picking a good plan for
you:
http://www.1st-for-health-insurance.com/articles/what-is-health-insurance.html