Category Archives: Health Insurance Information

What Does My Health Insurance Cover?

In the UK alone, around 7 million people are covered by health insurance.  Even more so are covered in the United States.  Most of these people are covered by their company.  However, very few of these people have actually reviewed their policy and understand what is or is not covered.

If you think that health insurance pays for all health costs, you’re mistaken.  Health insurance usually only provides protection for short-term and curable health problems.  Usually, health insurance allows you to see consultants, doctors, get surgery, or be treated.  However, before you buy a health insurance plan you need to research the health bills that are not covered by your health insurance plan.

This article does not relate to any specific policy and individual health insurance plans are different.  That’s why you should be sure to check your policy documents.  After reading this article, you’ll know what to be on the lookout for!

Chronic conditions

If a condition is curable and is not a long-term problem, insurance companies classify it as “acute” and usually cover such problems.  However, if a problem is not curable or will require long-term treatment, then it is classified as “chronic”, and you usually won’t be covered.  Drawing a fine line between “acute” and “chronic” usually leads to difficulties between the insurance company and the policy holder.

It is agreed that problems such as diabetes and asthma are chronic conditions, since they likely last for your entire life; therefore, these are not covered by insurance.  However, when a doctor considers one’s illness to be curable but it quickly deteriorates and it becomes incurable, it is defined by insurance companies as chronic, as it has become chronic during treatment.  These problems usually arise in different stages of cancer.

Long-term conditions

Insurance companies usually do not pay for long-term treatments.  Be sure to check your policy information to see how your insurance provider defines a long-term condition.  Many times, if use of a single drug extends for a year or so, the insurer will only pay for the first ten months.

Preventative bills

Most insurance plans only pay for the treatment and cure of conditions after the arise, not for treatments that may prevent a sickness.  once again, how your insurance provider defines this can cause problems.  For example, the drug Herceptin can be considered as a cure or preventative.  Herceptin is used in the early stages of breast cancer, and can halve the chance of cancer returning for woman.  However, it can be considered as a cure or preventative.  Insurance companies and policy-holders can have problems in such a case.

Hopefully, this article has been helpful to reviewing your health insurance plan.  Always contact your insurer when you have any doubt about whether your medical bill is covered.

Should I Get Health Insurance?

In today’s world with ever-increasing healthcare costs, health insurance is one of the only options available for you and your family.  Being insured by an insurance company is a total necessity, as it will keep you and your family financially safe and healthy.  Without health insurance, you may be inundated with health care costs should one of the members of your family get into an accident.

Many people view health insurance as a waste of money since they think health insurance is too expensive and do not view the risks.  However, you can get health insurance for a low cost and will save you money in the long run.

If you are employed by a company, you can find that getting health insurance via your employer is one of the best ways to get a health insurance plan that suits your needs.  However, you must remember that if you leave your job, you may lose coverage.  Another good way to get coverage is using a personal plan.  If you are not employed by a company or your company does not offer an insurance policy for you, a personal insurance policy is the best choice.

If you must go with a personal health insurance plan, then you should be sure to shop around to get the best deal as well as coverage for you and your family.  Many insurance companies offer different plans, so you should take factors such as your age, medical history, and other habits before choosing one.  You will also need to take your family’s health needs into account if you are buying a family plan.  Be sure not to hide any information from your insurance company, as you will find that this might be very costly if your claim is denied.

By researching different healthcare plans, you will be able to find a plan that suits your needs as well as cut your expenses.  This might be very time-consuming, but you will end up saving a lot of money in the long run with a few hours of research.