How to Raise a Family on Less Than Two Incomes by Denise Topolnicki

Author:Denise Topolnicki
Language: eng
Format: epub
ISBN: 9780767908900
Publisher: Crown
Published: 2001-07-17T00:00:00+00:00

What Health Insurance Looks Like Today

There are three basic types of health care plans offered today. If you get your coverage through an employer’s group plan, you may not be able to choose among all three types. The same is true if you must buy individual coverage because the number of insurers who sell health plans and the type of coverage they offer varies from state to state. That said, here’s a quick look at the main types of insurance you may encounter:

Indemnity or fee-for-service plans let you visit any doctor or hospital you wish. You pay a monthly fee, or premium, to belong to the plan. You pay your own medical bills until you spend a specified amount on services covered by your plan. That amount is your deductible. Deductibles typically range from $250 to more than $1,000 a year. They may apply to individuals, or to your entire family. After you meet your deductible, your insurer pays a portion of the costs it covers. Your policy might pay 80% while you pay 20%, for instance. Your portion is your copayment.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.