Friday, February 3, 2012

What are the most common health insurance companies in the ...

the most common health insurance companies in the United StatesThe most commonly used health insurance companies in the United States really depend on what you are looking for specifically. If popularity is based on number of policies sold per year than short term life insurance policies would be the big winner. The type of insurance that is growing rapidly is supplemental health insurance.

If you are looking to compare some of the popular health insurance companies, you can compare health insurance rates by entering your ZIP code into the FREE search tool!

According to an article by U.S. News Health the top two health insurance companies in the United States are Unitedhealth Group and Wellpoint Inc. Group. This is an overall list which includes every state. Each state does have different leaders in the health insurance business.

What is short term health insurance?

Short term health insurance is just as the name implies- health insurance for the duration of a short period of time. It?s designed for those families and individuals who are healthy, but who need a plan that will provide them health insurance as they are transitioning from a job or other life event.

Most short term health insurance plans can last anywhere from one month to six months. However, these plans can be renewed for up to 36 months for those who need it. One of the more popular short term health insurance companies is Cobra Health Insurance.

What is supplemental health insurance?

Unfortunately, with today?s health insurance plans and policies there are many gaps that need to be filled by supplemental health insurance. Supplemental health insurance is designed to cover these gaps that are left by your regular insurance policies. This can be due to deductibles, copayments and coinsurance.

Supplemental health insurance can cover things such as living expenses or even loss of income. Those who usually consider supplemental health insurance are people who are on Medicare, who are self employed, who are not financially stable enough to handle a large medical bill, and for those who have families- and specifically, young children.

There are many benefits of supplemental health insurance besides just having a safety net. There are cash benefits, lower premium costs and also the ability to help with a loss of income. This is where other health insurance plans always fall short.

How do you choose the best health insurance company for your individual needs?

While it?s great to have a list of what the most reputable health insurance companies are in the U.S. and your state, it doesn?t mean that they have a plan that will work best for you. It?s important to research all of your options as far as health insurance plans go.

Know what you need for basic health insurance. If it?s just you as an individual customer then your needs should be easy to anticipate. If you have a family and they all need coverage than it?s important to make sure all their basic needs are met as well. Most people don?t like change so if you have a current health care provider you want to stick with make sure the health insurance company includes them in their network.

common health insurance companies in united statesIt?s also important to know how much you will have to pay out of pocket per year and whether or not you can afford it. Many health insurance plans don?t include a yearly cap to how much you have to pay out before they take over the rest.

It?s important to know how much the basic medical attention will cost you per year as well. Knowing how much you need to pay out of pocket before health insurance kicks in is important. Knowing how much you?ll pay in copayments, coinsurance and deductibles is equally important.

If you or other members of your household have prescription medicine which needs to be taken regularly then make sure your health insurance prescription policy will cover that as well. The cost of prescriptions are expensive! Paying for all of that medication yourself might cost you a large sum of money over the course of a year.

Having all the information on hand can help save you time and headaches when choosing a policy to go with. Making an informed decision doesn?t have to be difficult, but it does take time and the right resources.

Looking for the right resources to help you research companies and get health insurance quotes? Simply enter your ZIP code into the FREE search box located right on this page!

Source: http://www.healthinsuranceproviders.com/what-are-the-most-common-health-insurance-companies-in-the-united-states/

lance armstrong who do you think you are planned parenthood shark tank eddie murphy josh hamilton mark sanchez

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.