Unraveling a Personal Health Insurance Policy

To avoid being unable to pay your medical bills or failing to access medical services that you deserve, you need to get medical insurance. If you aren’t covered by your parent, employer or your spouse’s employer medical plan, you need to get private health insurance.

While personal policies are a little bit expensive, they cover all members of your family: you, your spouse and children.

Factors to consider when getting the personal insurance cover

For you to get the right insurance cover you need to consider a number of factors:

Insurance company: there are many insurance companies offering personal health insurances. Since no two companies are the same, before joining any company take your time to research the company. As rule of thumb ensure that the company is reputable and available nationwide. A one-office company isn’t good as it might close its doors anytime.

Comprehensive policies: when doing your research, go through the policies offered by the companies. When it comes to the comprehensive cover, it should cover hospitalization, specialists and prescription medication. You should read between the lines. This is because some plans will give you access to specialized treatments, but charge you more. This can see you spending a lot of money especially if you have a chronic condition.

Basic cover: this is the cover that covers regular medical needs such as when you are down with a fever or flu.

To be safe and comfortable, go with a plan that allows you to keep your doctors. If you can’t keep your doctor, the plan should allow you to choose a doctor that you like-it should not force you to work with a specific doctor.

Limitation: almost all insurance policies have limitations. The policies will limit you on the amount of money that they can cover. Others will limit you on the types of treatments that they cover. Most health policies won’t cover cosmetic treatments and conditions that you developed before taking the insurance cover.

To be sure of what you are getting into discuss it with your insurer. If you have pre-existing conditions consult the insurer and understand what will be covered and what won’t.

Once you have found the right insurance company you should fill in the necessary paperwork and start paying your premium.

How to avoid surprises

It’s common for people to be surprised by their insurance companies. To avoid being surprised and even be required to go back to your pocked to pay for your medical bills, ensure that you pay your premiums on time.

You should also ensure that you contact your insurance company before taking any treatment. This allows you to know the maximum amount that your policy can cover.