Many people prefer enrolling in a plan that meets a variety of inpatient and outpatient healthcare services. These plans are called Major Medical Health Insurance. This type of plan meets all of the essential benefit standards of the Affordable Care Act, otherwise known as Obamacare. Not all of these plans can be purchased with a premium tax credit. The cost of your major medical health insurance depends on the plan you enroll in, the prescriptions drugs you take, if any, and the services you need and the frequency.
Major medical insurance is sold by various companies through private or public health insurance marketplaces. It is important for every American to know about major medical insurance because it is vastly different from other types of insurance. Coverage varies depending on the health plan and the insurance company you select, so give us a call for more information about exact plans. Short-term major medical insurance is designed to provide coverage while you are in a position that won’t allow a long-term coverage solution. This includes being in-between jobs or you missed the Open Enrollment Period. Short term plans also do not cover pre-existing conditions and only cover certain services.
This type of insurance covers those unplanned expenses, like doctors’ appointments as well as outpatient care services. The difference with major medical health insurance is that it won’t become more expensive if you must file a claim. The downside of major medical is that it does not cover dental, vision or hearing costs and procedures, nor do most plans cover critical illnesses or accidents. For help in choosing the right plan for you, don’t hesitate to reach out to us!
The Health Insurance Shoppe is in Greensboro, North Carolina and provides insurance services at no cost to you! Our team is committed to helping you make the wise choice with all of your insurance needs. Get in touch today!