Health Insurance Plans – Benefits to Different Plans & Providers

Health insurance plans vary in their coverage and prices. The more coverage offered, the higher the premiums. This doesn’t mean that the lowest premium is the cheapest. If you have to pay many out-of-pocket medical expenses, you could be paying more than if you had gone with a higher premium plan. Different plans benefit different people.

Fee For Service

Fee-for-service health insurance policies are the most common. You pay the medical bill and then you are reimbursed by the health insurance provider. You will also typically have co-pays and deductibles.
Prices range widely with these types of policies – the higher the co-pays and deductibles, the lower the monthly premiums.

The benefits of this type of insurance are that you get to choose which doctor to see and when to get immediate needed care. However, these types of plans do not typically cover preventative care like routine check-ups or tests.

Managed Health Care

Another option is a managed health care which typically has lower insurance premiums. A managed health care system could be an HMO or a Preferred Provider Organization or a variation of these. The common element is that you have to use approved physicians and dentists.

With these types of plans cost is one of the chief benefits. You get the most coverage with the lowest premiums. Coverage also includes most preventative check-ups and procedures. Unfortunately, you do not get to choose a physician outside of the network.

Catastrophic Insurance

Catastrophic insurance is for the big emergencies like hospitalization for several days. These plans typically have the lowest coverage, but they do not cover non-emergency care.

With its low premiums, this plan is ideal for someone who can cover their own typical medical expenses, but wants to protect themselves financially from an unexpected emergency.

Provider Differences

Health insurance providers have their own version of these health insurance plans. Coverage levels, deductibles, and co-pays all vary, along with the cost of monthly premiums. In order to find the best provider, research different health insurance policies. Health insurance websites allow you to compare costs along with coverage. Also, find providers that can be easily contacted through their website or on the phone.

What Are The Benefits Of Dental Discount Health Plans?

Let’s look at the difference between dental discount health plans and traditional dental health insurance. Dental insurance is not what it used to be 20 or 30 years ago. Premiums are now higher than ever for a decent policy and the traditional waiting periods that everyone must incur before they can be seen for any major problems make it almost not worth while. Basically, the insurance agent tells me that my premiums are going to be $50-$100 a month, I can see a dentist for a discount in the mean time for preventive maintenance items such as cleanings, x-rays, fluoride treatments, etc., however, my root canal will have to wait a year, and even then it won’t be covered 100%.

Dental discount plans are networks of dentists that have agreed to take less money for standard dental procedures. The only catch to this is that you must pay cash at the time of the visit. This is really a no-brainer. In the example above, if a person needs a root canal right away, they can save anywhere from 10%-60% on getting this taking care of and they don’t have to wait a year, they can get it done immediately.

You get anywhere from 30%-50% savings on most root canals, which comes out to $200-$300.00 easily. Also, the annual fee for being a member of the discount plans is substantially less than standard insurance premiums. Most of these plans start as low as $79.95 annually for individual coverage.

If you’re suffering from tooth pain or need to see a dentist for any other reason, you really should look into dental discount health plans as an option.