Health Insurance
Having the proper health insurance coverage can literally be a matter of life or death. We’ll make sure you’re family is properly covered with insurance premiums you can afford.
What is Health Insurance?
Health insurance is coverage that provides for the payments of benefits as a result of sickness or injury. Includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment.
Health Insurance Types
Health Maintenance Organizations (HMOs) and Exclusive Provider Organizations (EPOs)
- HMOs and EPOs may limit coverage to providers inside their networks. A network is a list of doctors, hospitals, and other healthcare providers that provide medical care to members of a specific health plan. If you use a doctor or facility not in the HMO’s network, you may have to pay the full cost of the services provided.
- HMO members usually have a primary care doctor and must get referrals to see specialists. This is generally not true for EPOs.
Preferred Provider Organizations (PPOs) and Point-of-Service plans (POS)
- These insurance plans give you a choice of getting care within or outside of a provider network. With PPO or POS plans, you may use out-of-network providers and facilities, but you’ll have to pay more than if you use in-network ones. If you have a PPO plan, you can visit any doctor without a referral.
- If you have a POS plan, you can visit any in-network provider without a referral, but you’ll need one to visit a provider out-of-network.
High Deductible Health Plan (HDHP)
- High Deductible Health Plans typically feature lower premiums and higher deductibles than traditional insurance plans.
- If you have an HDHP, you can use a health savings account or a health reimbursement arrangement to pay for qualified out-of-pocket medical costs. This can lower the amount of federal tax you owe.
Catastrophic Health Insurance Plan
- A catastrophic insurance plan covers essential health benefits but has a very high deductible. This means it provides a kind of “safety net” coverage in case you have an accident or serious illness.
- Catastrophic plans usually do not provide coverage for services like prescription drugs or shots.
- Premiums for catastrophic plans may be lower than traditional insurance plans, but deductibles are usually much higher.Contact us to learn more about the right insurance for you.
2025 Medicare brochure
In 2025, Medicare will remain a cornerstone of healthcare in the United States, providing vital coverage to millions of seniors and individuals with certain disabilities. Established in 1965, Medicare has evolved to meet the changing needs of its beneficiaries and the healthcare landscape. This introduction will explore its key components, eligibility criteria, coverage options, and significance in today’s healthcare system.
