Once of the wisest choices you can make today is to research great health insurance rates and coverages. Apart from the necessary benefits of health care coverage, a good health insurance policy and provide valuable assistance in your life. Listed below are a few reasons why you need health insurance coverage today!
There are two categories of health insurance referred to as the indemnity plans.
A basic plan usually covers the everyday costs of medical care; like hospital visits, surgeries, and emergency attention. Although their is a payment limit on some coverages, this plany normally pays 100% of the costs, but please ask your health insurance agent for details and coverage information.
Major Medical plans cover a much broader range of services that include injuries that may happen in and out of the hospital. This plan will often cover long-term visits in the hospital, a surgery, emergency care, prescriptions, x-rays, lab testing, dental attention, and mental health services. There also could be deductibles and out of pocket expenses depending on coverages and accumulated expenses, but the dollar limit is much higher than the basic health insurance plan.
TOP TEN HEALTH INSURANCE GROUPS BY DIRECT PREMIUMS WRITTEN, 2008 (1) ($ billions)
Rank |
Group | Direct premiums written | Market share |
---|---|---|---|
1 |
United Health Group | $71.7 |
11.76% |
2 |
WellPoint Inc. Group | 54.5 |
8.94 |
3 |
Kaiser Foundation Group | 46.3 |
7.60 |
4 |
Aetna Group | 25.5 |
4.18 |
5 |
Humana Group | 25.0 |
4.10 |
6 |
HCSC Group | 16.8 |
2.77 |
7 |
American Family Corp. Group | 13.4 |
2.19 |
8 |
Highmark Group | 12.3 |
2.02 |
9 |
Coventry Corp. Group | 11.1 |
1.82 |
10 |
Independence Blue Cross Group | 10.0 |
1.64 |
(1) Includes data from the property/casualty, life/health, fraternal and health annual statements.
Source: National Association of Insurance Commissioners (NAIC). Reprinted with permission. Further reprint or redistribution strictly prohibited without written permission of NAIC.