Medical and Health Insurance

5 Alternatives to Traditional Health Insurance

As the cost of traditional health insurance increases, several Americans are looking for alternatives that offer some kind of protection without spending their monthly budgets. Here are some practical options that are worth considering.

1. Primary Care Memberships

Some independent medical and primary care practices provide services for a fixed monthly charge, such as a gym membership. This is generally known as a medical concierge service.

A person or family can obtain the usual services given by a primary care physician, including blood tests and pediatric care, virtually unlimited medical visits, all without a copayment. Certainly, such an arrangement does not cover surgery, hospitalization, treatment of major injuries or specialized care.

2. Medical Cost-Sharing Programs

Participants in programs pay monthly rates like insurance premiums. By grouping their resources, they share the medical costs of others as they arise. Each member who wants medical services pays an incident fee, like a copayment. The rest of the medical costs are covered by the grouped rates.

If you are looking for a medical cost-sharing program, make sure to read the fine print. Some of these programs do not guarantee that you will be reimbursed for any invoice (it can be “voluntary”), and several have very limited limits per-incident and for life. Click here!

3. Health Savings Accounts

While offering tax benefits, a Health Savings Account can help cover medical costs. A Health Savings Account must be together with a High Deductible Health Plan to cover catastrophic illness or injury.

Health Savings Accounts are available through many employers, but they can also be created by individuals. Payments made in a health savings account are pre-tax deductions, and there is no tax penalty for spending money whenever it is used to pay medical costs.

4. Discount Cards for Medical Services

There are a variety of medical discount cards available for those who prefer to operate cash-only for medical expenses. Some medical services discount cards can be used for hospital services, prescription or a combination of these. Discounts can be considerable, up to 80% or more.

Some cards come with a single membership bill, although others may have a small monthly bill. Remember that these are discounted pay-per-service programs, not health insurance plans. And the services you need may not be covered, so make sure to check the fine print.

5. High Deductible Policies

Generally, younger adults with good health who do not expect to incur medical expenses during the year can usually settle for a low premium and high deductible policy that covers just unexpected illnesses or serious injuries. While keeping insurance costs to a minimum, a catastrophic health insurance policy makes sure coverage in case of such unforeseen medical costs.

If you have a health plan with high deductibles, it makes sense to open a health savings account. This allows you to reserve money before taxes to pay for medical costs, which efficiently provides you an automatic “discount” on each bill you pay.

Summary

Medical care is expensive and expenses are expected to continue to rise. Even if you are in proper health now, you cannot count on avoiding injuries or staying healthy. These options can help if you cannot afford a traditional health insurance policy. Remember that these are not proper solutions and that the advantages vary. It is very important that you check the fine print so that you know accurately what type of coverage you will have. For more information, visit: https://www.investopedia.com/health-insurance-4427714

Homeowners Insurance

Homeowners Insurance Doesn’t Cover These 6 Things

Getting homeowners insurance Florida is an essential tool for thousands of people today, and yet, so many aren’t adequately covered. Really, there are many homeowners that have insurance but don’t have enough cover and when the time comes to make a claim, they’re turned down. Unfortunately, far too many owners don’t know some insurers won’t cover certain things and that costs them dearly. So, what are the six things most insurers don’t cover?

High-End Jewelry

Most homeowners do cover some form of jewelry, but only to a certain amount. For example, some insurance carriers limit the amount of jewelry coverage to about two thousand dollars. Why is that? Jewelry is the easiest thing to steal and more often than not, companies get claims for expensive pieces all the time. It’s very costly for the companies to insure jewelry, especially high-end pieces, which is why if you want to insure your jewelry you need a separate policy. Also, appraisals will be required for the policy. However, homeowner’s insurance Florida can have a clause for high-end jewelry but it’ll mean higher premiums and again, limitations. Check here!

Floods

Does your policy say anything about floods? Unfortunately, most homeowners assume their policy covers them for accidental floods or localized flooding, but that’s not always the case. You may need a separate policy to cover you from floods. Homeowners insurance Florida can often lack certain things, especially flood coverage. You need to check your policy to see if it mentions floods and if not, then it’s more likely you’ll need additional coverage.

Dog Bites

Sometimes, homeowner’s insurance Florida can cover dog bites, but only up to a certain amount. However, if you haven’t told the insurer you have a dog or have asked for dog bites and attacks to be added into the insurance, your dog may not be covered. What is more, even if the bite is covered in the policy, there is a limitation over how much the insurer will pay – the rest is down to you.

Poor Maintenance on the Home

Let’s say you’ve personally let the house fall into disrepair, do you think the insurers will cover you for such things? No! There is no way you will be covered for not looking after the home, even if you appear to have a good reason, such as extreme medical illness. Homeowners insurance Florida doesn’t cover problems or damage because of poor maintenance or a lack thereof!

Sewer Issues

Sewers aren’t generally covered in homeowner’s insurance Florida. Why is that? There can be a hundred and one things that go wrong with the sewers and it’s too costly for the companies to be landed with the bill. A lot of the time, homeowners assume they are covered for such things, when in reality they aren’t!

Landslides and Earthquakes

An act of God or Mother Nature is usually outside anyone’s control and you would think you’d be covered for such things. Unfortunately, you aren’t. Unless your policy states you have cover should an earthquake or landslide strike, you won’t be covered! Homeowners insurance Florida is tough at times, but you probably won’t be covered for storm damage either. However, you can get additional policies to cope with such things.

Know Your Coverage

Unfortunately, many homeowners have no clue over what they’re actually covered for at home. It’s shocking and often costly because when something happens and the homeowner claims for it, they end up with a nasty surprise. They are the ones left to foot the entire repair costs and bill and that’s a nightmare to say the least. However, you should always check your homeowner’s insurance Florida policy and get additional cover for things that aren’t included with the policy. Click here for more information: https://ezinearticles.com/?Tips-to-Find-Home-Insurance-at-an-Affordable-Price&id=9229905

Medical and Health Insurance

What Happens When My Health Insurance Isn’t Renewing?

It’s ending up more typical for insurance organizations to declare that they will never again be putting forth certain plans or working together in specific territories amid the following year’s Open Enrollment Period, or that they are leaving the business. Amid the last enlistment time frame, the insurance organizations beneath made such declarations.

For what reason Can’t I Keep my Plan?

Once in a while insurance organizations choose that offering certain Obamacare designs in the individual market never again works for their plan of action. You may have one of these plans. While the insurance organization will in all likelihood respect your unique contract term, it has no commitment to restore your 2018 arrangement once it lapses. In the event that you have an influenced plan, it implies that you should pick another health plan amid Open Enrollment this November. On the off chance that your inclusion is lapsing before the finish of 2018, you will have a Special Enrollment Period (SEP) because of loss of inclusion. The health insurance organization should reveal to you when the SEP closes so you can pick new inclusion before that date.

In the event that you have some other sort of plan, for example, a gathering plan through your manager or a Medicare Supplement plan, your inclusion might not have been influenced by this declaration. Make certain to call your insurance organization in the event that you have any worries about your different plans. There is no real way to abstain from getting another arrangement for 2019 if your arrangement isn’t being recharged. You can notwithstanding, keep your arrangement for whatever is left of 2018—as long as you keep on paying your month to month premiums. There are special cases to having the capacity to keep your arrangement through the finish of 2018 if the insurance organization is leaving the commercial center sooner. On the off chance that you aren’t sure to what extent your present inclusion will last, make sure to call your insurance organization. Click here.

What Can I Do (and When)?

The Open Enrollment Period (OEP) for 2019 health inclusion starts on November 1, 2018. The arrangement subtle elements for 2019 won’t be accessible until the point when OEP begins. It won’t be conceivable to supplant your arrangement until at that point, except if you have a prior Special Enrollment Period (SEP) because of loss of inclusion. On the off chance that your approach lapses on December 31, 2018, like most plans, you will have a SEP that won’t start until 45 days before your strategy’s end date. If so, your SEP may generally agree with OEP.

Conclusion

In the event that your insurance organization isn’t reestablishing your arrangement, we need you to realize that you don’t have anything to stress over—your present approach doubtlessly can, in any case, be utilized through the finish of 2018, and you will have room schedule-wise to supplant it before it terminates. On the off chance that your inclusion is finishing before the finish of 2018, you will have a Special Enrollment Period (SEP) because of loss of inclusion.

Medical and Health Insurance

Obamacare, Everything Just Changed

Zen teaches that once we can open up to the inevitability of our demise, we can begin to transform that situation and lighten up about it. – Allen Klein

Congress will attempt their traditional short-term fixes, cutting reimbursement, restricting coverage and access, and blaming the greedy doctors and drug companies, which will delay the final denouement. The harsh realities that I have tried so hard to point out will only be acknowledged long after the damage to our healthcare system has been done.

A great irony of the American political system is that a seemingly unrelated event in a distant corner of the world can determine the course of healthcare reform in America. No matter what one’s political leanings, Obama and his administrations political position will stand to benefit from the assassination of Osama Bin Laden. Short of a new scandal, or a severe double dip in the economy, the events in Pakistan virtually guarantee six more years of President Obama, and Obamacare Florida.

Whether the halo effect will be sufficient to carry Congress for the Democrats is less clear. The continued high unemployment rate will no doubt favor the Republicans, but the Democrats will now likely hold the Senate. The bottom line is that the success of the Navy Seals in Pakistan makes the repeal of Obamacare virtually impossible. Those of us who practice medicine, or make our living from those who do, will need to adjust to this reality. Those still banking on the hope of repeal will soon become another marginalized, if vocal, political sideshow.Continue reading here!

The Supreme Court and unreliability of the plan itself could also sidetrack Obamacare. The Supreme Court has decided to withhold any decision until the appeals work through the lower courts. I have previously predicted a 5 to 4 upper court decision, depending upon how Judge Kennedy swings that day. Judge Kennedy has always shown awareness of the political will of the nation, and with the political winds to his back, I now expect Obama and Obamacare Florida to prevail once again.

health careThe final threat to the legislation, unreliability due to the fraudulent financial assumptions underlying the bill, will take years to evolve. The Congress will attempt their traditional short term fixes, cutting reimbursement, restricting coverage and access, and blaming the greedy doctors and drug companies, which will delay the final denouement.

In summary, now that Osama Bin Laden has been killed, Obamacare Florida will prevail, and will change the nature American medicine forever. Within a few years, those practicing medicine now will be facing a brave new world, unrecognizable to many.

Like all great changes, Obamacare Florida will create many winners and losers, which sides will you be on?

Know any health care providers who are concerned about shrinking reimbursements? Help them find winning Internet solutions for the modern payer-provider conflict at Vericle – Medical Billing Network and Practice Management Software. As you noticed, there are still many people don’t understand what is really Obamacare means and functions. Checkout more detailed information from http://www.cbc.ca/news/canada/toronto/ontario-health-care-hoskins-1.3812004 to support your claims about Obamacare Florida program.