Is Affordable Health Insurance Good Health Insurance?

This is a very good question, and on the minds of many Americans today who find themselves perhaps in the market for Private Health Insurance for the first time. Of course when you suddenly find yourself without medical insurance due to a change in life circumstances, such as divorce, or graduation from college, or a change in employment, your goal is to find the Most Affordable Health Insurance coverage you can.

But just because you can afford a given health plan, does that mean it is the right plan for you? This really is the better question. When you properly assess your health insurance needs on your own, or better yet evaluated by an insurance professional or agent, the right policy for you can be designed to fit your budget. Too often people will grab the first policy they can afford, without exploring all of the options.

Regardless if you are looking for a quote on private health insurance, shopping on your own, working with an agent or sizing up your health benefit options from an employer, there are several things you should keep in mind before signing up for any health plan, no matter how attractive the price of the premium. • Read the policy very carefully – especially the privacy policy and the sections relating to exclusions and exceptions. Many people have purchased a LOW-COST HEALTH INSURANCE policy thinking they had certain coverages, only to find out too late that they did not.

This occurs not only when an individual has not taken the time to carefully read the policy details and the so called “fine print” but often insurance companies will use language and wording that is not as clearly defined as it may seem.

And to further complicate matters, there is no regulation defining such wording, so the actual definition of certain terms as they relate to your HEALTH INSURANCE COVERAGE may differ from insurance company to insurance company. Remember there was a comedy routine that talked about the 7 words you cannot say on Television? Health Insurance professionals have come up with a list of 7 words and phrases too that you should be careful with, not about saying; but in finding out exactly what they mean as relates to your health insurance policy

• medical emergency
• medically necessary
• accidental injury
• experimental or investigational procedure
• pre certification
• pre-existing condition
• reasonable and customary

These terms will likely be used in your policies terms and condition, read your affordable health insurance policy with a highlighter, highlight these words where you see them, and then call your representative and ask him or her to clearly define them for you, and make sure you understand exactly what they mean. Also any reputable insurance company will give you a 10 day review period for you to read over all the policy documents and offer a 100% refund of your deposit if you reject the policy within that review period.