Types of Health Insurance

Charles Goodman Group: Trustworthy Insurance Agents of Chappaqua

Insurance companies operating in the United States once had the right to charge customers higher prices based on preexisting conditions. Those diagnosed with diabetes, high cholesterol and other medical conditions found that they paid more for health insurance and received less coverage than those who were healthier. The Affordable Care Act now requires that all insurers give every customer access to the same coverage without paying more. A Chappaqua insurance agent can help customers learn more about health insurance and the different types of health insurance that now exist.

When most people think of health insurance, they think of the traditional policies that cover costs relating to general health. This is the most basic type of policy. It allows customers to pay a set amount of money every month and receive coverage that pays for visits to doctors and emergency care.

Most policies come with a deductible, which is the amount that a customer pays before insurance comes into play. For example, a policy may have a $5,000 deductible. This means that a customer will need to cover $5,000 or his or her medical bills over the calendar year before the insurance will pay for any of those costs. These plans may also come with a co-pay option. This lets a customer pay a smaller amount when visiting a doctor or purchasing prescription medications.

The insurance agent experts at the Charles Goodman Group of Chappaqua can assist you with any questions regarding health insurance or property insurance.

The other two types of health-related insurance are dental insurance and vision insurance. Some employers give employees the option of obtaining health insurance and opting out of the extra types of insurance or paying an additional fee for those services. Employer dental and vision insurance can cost as little as $10 more each month.

Dental insurance is a type of insurance that covers the cost of visits to a dentist or another dental doctor. It may pay for regular checkups every few months, root canals, the filling of cavities and other procedures that the dentist deems as medically necessary. Some types of dental insurance will also pay for cosmetic procedures, including teeth whitening and implants.

Those who wear glasses or contacts might want an insurance policy that includes vision coverage. Most of these policies will cover one eye examination every year and one pair of glasses or contacts each year. The policies may also give customers the right to buy additional items at a reduced cost. Insurance can significantly reduce the amount that customers pay for vision products every year.

As not all insurance policies cover the same things, it’s important that customers look at the different types of health insurance before settling on a policy.