Making the right choices between health insurance companies and plans is as important to your financial well-being as it is to your health. And it’s not just about finding an affordable plan. It’s about securing the right coverage, so that when that unexpected illness or injury occurs you will be properly protected, and you won’t find yourself both unwell and in financial distress.
Our job is to research health insurance companies and plans, and to identify providers and programs which are both affordable and which offer the widest scope and levels of coverage. Affordability, though, is not just about premiums. It’s about the overall level of costs which are built into a plan, such as deductibles, co-payments and co-insurance, and the costs which result from conditions such as policy exclusions, limits and out-of-pocket expenses maxima.
We specialize in connecting people to providers who offer both affordable plans and expansive coverage. With our knowledge of the health care industry and our advanced systems, we can help you find the right provider with the right plan. Our prompt service begins with arranging multiple quotes from leading providers in your state, and extends right through to providing guidance and help on how to prepare and file claims with your health insurance company.
The service which our customers use most often is arranging health insurance quotes. This is due to premium costs for health care coverage having escalated so much in recent years that many people have difficulty paying them. Sometimes people can be quite happy with the scope and level of coverage they have, but not with their premium costs. So, starting with your zip code above, just complete our online form to get a number of competing health insurance quotes.
Because health insurance rates are dependent on several factors, you need to provide a few details in order to obtain accurate quotes. Our free service lets you request quotes from multiple providers without the need to complete a form for each. All quotes are free and you are under no obligation to buy, so just go ahead and use our quote system as much and as often as you like.
Health insurance providers are primarily regulated at state level, and each state has basic standards with regard to the financial solvency and claims-paying ability of companies which they license to operate. Providers must comply with the laws and regulations enacted by each state. However, due to the differing requirements of each state and for competitive reasons, many companies restrict the availability of their policies to particular states, and do not offer them in other states at all.
Your state of residence can affect the amount of your premium, due to the varying costs of regulatory compliance. Regulatory costs incurred by health insurance companies are normally passed on to policyholders in the form of higher premiums. So if you live in a state with a high cost of regulatory compliance, your premium is likely to be higher than it would otherwise be. However, states with greater compliance requirements may offer better consumer protections.
Federal and state governments, often working together, operate a number of health insurance and assistance programs to give certain groups greater access to affordable health coverage. For example, Medicare caters principally for those who have attained age 65, and it provides free hospital insurance for those who are eligible, and paid medical and prescription drug coverage. For those on low incomes and with few assets, Medicaid provides free health care through state-based programs which pay medical expenses directly to health care providers.
The Children’s Health Insurance Program (CHIP), which is jointly financed by the Federal and state governments, provides free health coverage to children and pregnant women in families with incomes too high to qualify for Medicaid programs, but too low to afford private coverage. High-risk state insurance pools, which currently operate in 35 states, provide health insurance at 125% to 200% of standard rates for those who have been rejected for private coverage due to pre-existing medical conditions, or who have been offered coverage at unaffordably high rates.
Major health care reforms are currently underway, following the 2010 enactment of the Patient Protection and Affordable Care Act. That Act has many provisions, with implementation being staged over a four year period. The principal provisions in terms of their impact relate to health insurance acceptance and pricing, with the introduction of guaranteed issue and community rating for individual policies. This means that insurers will not be able to reject an application due to pre-existing conditions, and standard premium rates must be applied for all applicants.