| Before insuring yourself for your health, you must | | | | gives the most benefits with the lowest and |
| know what health insurance is. It is a kind of | | | | flexible cost that fits to their budget and family |
| insurance wherein they pay your medical | | | | needs. If possible, all the great or good benefits |
| expenses when you are sick or have some injury. | | | | are in one health insurance plan. |
| Working people mostly have their health insurance | | | | The different kinds of health insurance, namely: |
| shouldered by their company where they are | | | | Traditional Health Insurance: This kind of coverage |
| working. This is called group health coverage. | | | | is based on fee for services. This means, pay the |
| Some companies also include their workers family | | | | itemized medical services that they rendered or |
| for inclusion in these plans. | | | | you receive. Traditional health insurance has 2 |
| There is health coverage where in it covers the | | | | parts which are: |
| hospitalization stay, medicines, doctor visits, and | | | | 1) Hospitalization: This cover hospitalization with |
| inpatient and outpatient procedure. But that | | | | defined expenses incurred while you are confined. |
| depends on what kind of insurance you have. | | | | The insurance in which will pay for all the covered |
| These are some of the benefits you can get | | | | services rendered by the hospital staff and if the |
| from it. | | | | insurance benefit is a fee-for-service then the |
| Health insurance falls in 2 categories, namely: | | | | payment will be fixed sum regardless to the |
| The Major plans: These kinds of plans have | | | | actual expenses incurred. |
| broader ranges of services which include both | | | | 2) Medical or surgical: This cover the medical care |
| inpatient and outpatient. Mostly in this category, | | | | other than the bill from the hospital and the |
| the benefits you can get are cover in hospital | | | | services include treatment charges, doctor visits, |
| stays, emergency treatment, x-rays, medicine, | | | | lab test, x-rays, etc. Usually the medical surgery |
| surgeries, laboratory test, and mental health | | | | requires co-payment by the insured. |
| services. This kind of health insurance have higher | | | | Preferred Provider Organization (PPO): This kind of |
| premium rate. | | | | health plan seek to give both benefits of |
| The Basic plans: In this category plan, usually | | | | traditional health plans and the money savings of |
| covers the everyday cost of your medical | | | | health management organizations. |
| treatment. Although this also cover the hospital | | | | Point of Service Plans: In this kind of plan, the |
| stays, surgeries, emergency treatment, etc but | | | | policy holder or the certified holder are allow to |
| there is a limit, if ever you exceed to the limit | | | | visit out of network or the non participating |
| then the individual have to pay for the balance. | | | | doctors for a fee. |
| Most individual look for the best health plan that | | | | |