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From left, One Washington Park, American Insurance Company Building, 133 Washington Street, National Newark Building, Prudential Plaza Building

Snowmobile Insurance ad that ran in Midwest Trail Guide

Rates for health insurance have gone through the roof in the past several years, therefore the question becomes how do you find a plan that will not break your budget. The following article shows you how to get an affordable plan the easiest way.

  

Catastrophic Health Plans

 

Major medical health plans, also referred to as catastrophic health plans, are the lowest cost non-comprehensive health plans. They have affordable monthly premiums along with a high deductible - the amount you must pay before your insurer will pay.

 

Major medical plans do not cover doctor visits or any of your prescription medications, but they do cover hospital stays, surgical treatment charges, X-ray charges, plus lab test costs.

 

If you're relatively young, in good health, hardly ever visit your medical doctor, avoid expensive prescriptions, and are on a tight budget, these types of plans might be just the ticket for you.

  

Comprehensive Health Care Plans

 

HMOs (Health Maintenance Organizations), PPOs, (Point-of-Service Plans), in addition to POSs (Point of Service Plans), will be the most economical choice if you need comprehensive helath insurance protection.

  

Health Maintenance Organizations

 

Of all of the comprehensive health plans HMOs are the least costly. With one of these plans you will need to decide on your doctor from the list authorized by your HMO.

 

Each time you visit your health care provider you have to pay a small copayment, normally $10 to $15. The advantages of these plans is there are not any deductibles to pay for, plus you do not need to spend your time and energy filling in medical insurance forms like you will with traditional health care plans.

 

Your primary care health care provider is going to either treat you or else send you to a specialist whenever you need medical help. If you should visit a medical doctor outside your own HMO network, your HMO isn't going to pay your expenses.

  

Preferred Provider Organizations

 

Preferred Provider Organizations are among the most preferred medical plans as they are more flexible than HMOs. Just like an HMO, you have to select your health care provider from an authorized directory of doctors.

 

PPO copays tend to be about the same as they are with an HMO, plus there are not any deductibles or forms to worry about, however in contrast to an HMO it's not necessary to confer with your primary medical doctor to be able to go to a medical specialist.

  

Point of Service Plans

 

Point of Service plans offer the most flexibility of the three healthcare plans and , therefore, will be more expensive. Similar to HMOs and PPOs your medical treatment is provided by way of a network of health professionals plus hospitals, yet in contrast to those plans you're allowed to use the healthcare doctor of your choice.

 

Copayments are usually about the same as they are with HMOs and PPOs, and whenever you go to a health care provider who isn't part of the POS network you're going to be reimbursed as much as 80% of your medical expenses.

  

How To Get Inexpensive Quotes

 

To obtain the lowest priced quotes you will need to shop around, and the fastest and most effective way to do this will be to pay a visit to an insurance comparison site. With these websites you're going to get price quotes from health insurance providers competing for your business. Many websites have an insurance specialist available so that you can talk with him or her online to receive answers to every one of your questions.

 

To receive your price quotes you will have to fill in a very simple questionnaire with information regarding yourself plus your overall health, then as soon as you submit your questionnaire you will begin to get price quotes from a variety of highly rated providers. When you get your price quotes you can easily analyze and compare all of them and pick a plan with the cheapest rate plus the best coverage which fits your requirements. The beauty of using a comparison website is it is quick, straightforward, and totally free. www.youtube.com/watch?v=FGrLA0xZwPU

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Hartford Skyline reflected from the Phoenix Insurance building

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4915 West Cypress Street

Tampa, FL 33607

813-262-2303

www.commercialinsurancetampa.org

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Completed building for the New Headquarters of PGGM Insurance Company in Zeist (Holland). April 2011.

 

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