Health Insurance Explained – The YouToons Have It Covered
This five-minute cartoon video that explains health insurance using fun, easy-to-understand scenarios. It’s a light-hearted treatment of a difficult topic, breaking down important insurance concepts, such as premiums, deductibles and provider networks. The video explains how individuals pay for coverage and obtain medical care and prescription drugs when enrolled in various types of health insurance, including HMOs and PPOs.
This is the third YouToons video written and produced by the Kaiser Family Foundation. The video is narrated by former U.S. Senate Majority Leader Bill Frist, a nationally-recognized surgeon and Foundation trustee.
Also available in Spanish: http://youtu.be/mDPhCo11z0E
To download the video, please visit: http://www.kff.org/youtoons-health-insurance-explained
Facts About Medicare Advantage Plans In California
Recent changes and adjustments to Medicaid and Medicare have cause significant confusion and upheaval for those considering their healthcare options. California’s Medicare Advantage structure has been subject to some notable changes lately with which you should become familiar. Fortunately, the plan itself is not terribly complicated. The paragraphs below are intended to provide useful insights into Medicare Advantage in California.
Though called by numerous names, the program is essentially a government-funded option that channels funds usually spent on traditional Medicare. The good news is that consumers are given a wider array of options from which to choose. In this manner, it is possible to find plans that more closely match your needs. In the past, plans were something of a single-size, single-options proposition. What is even better is the fact that now it is possible to include coverage for prescription drugs, something that used to require a totally distinct policy.
You also no longer need to be concerned about a decrease in coverage. There is the ability to secure a plan that provides coverage while you travel as well as one tailored for those with limited incomes.
Of course, not everything associated with this type of plan is perfect. One negative aspect is the fact that it is sometimes difficult to get help when questions arise. You may find yourself speaking with someone who lacks sufficient knowledge to really help you decipher elements of your plan. This can lead to real frustration so we recommend you work with the agents at CaliforniaMedicareAdvantage.com so they can work as a go between with you and the insurance companies.
You may be feeling a bit of uncertainty with regard to recent changes to our healthcare structure. But the fact is that California’s Medicare Advantage plans are surprisingly easy to understand and their benefits are quickly apparent to almost everyone. Thus, if you suspect you are eligible to participate, get in touch with an agent today or start conducting research on your own to find out more.
Why Medicare Supplemental Insurance Is Important
Expensive medical care becomes a necessity as one ages. Senior citizens often need expensive surgeries, therapy or medications among other things. Their health insurance policies usually do not cover all these medical expenses. A basic Medicare policy only covers up to 80% of one’s medical needs, which is often not enough especially for senior citizens who do not have a paycheck anymore.
A costly surgery might be necessary, in which case senior citizens have to 20% of the cost out of their own pocket since Medicare only covers 80%. A lot of people simply cannot afford these medical expenses and do not get the care they need. Some end up in debt because they borrow money to cover medical expenses. There is an alternative to having to pay the 20% that are not covered by Medicare.
This alternative is the Medigap, or Medicare supplemental insurance coverage. Most insurance providers offer this kind of policies. This coverage is meant to be an add on to basic Medicare coverage. If you are over 65 and Medicare is not covering all your medical needs, it is in your best interest to purchase this additional coverage.
There are different Medigap plans to choose from. You can find one that corresponds to your needs and to your medical expenses. These policies are highly adaptable because everyone has different medical needs. You can upgrade your Medigap policy in the future if you need to. It is important to purchase this additional coverage if you are going to need a surgery or another expensive treatment.
You should call different insurance companies that offer supplement insurance coverage for Medicare or go to NYMedigap.com to learn more. Talk to representatives about your different options. You should also do some research online to learn more about Medigap and compare quotes.
Medicare Supplemental Insurance – Understanding What It Is
As we get older, obtaining expensive medical care is something that we will need. Your life may depend upon whether or not you have enough money if the cost exceeds the insurance coverage limit. You can have all of these expenses covered, thankfully, through using Medigap, a Medicare supplemental insurance plan.
As you probably know, Medicare covers 80% of medical care costs that you may have. In fact, Medigap is specifically designed to cover the remainder, this way you can afford any type of treatment regardless of your finances. There are ten plans in all and each one can cover more and more of the Medicare gaps. For example, Medigap plan g covers everything except for the Part B deductible, while Plan A will only cover the Medicare Part A gaps.
It’s fairly inexpensive, primarily because Medigap is a supplemental plan that rides on top of Medicare plans. Medigap is affordable for most people, and therefore something you should look at getting because it won’t cut into your existing earnings. As you get age, and more serious medical help may be necessary, this is what you need. You may not have enough to pay for some medical expenses later on in life. By taking care of your future now, while you still can, the supplemental policy will cover you when you need it the most.
To find out more about Medigap plans that are offered, simply contact insurance broker in your area. Larger insurance companies have these plans in their portfolios, and you’ll be able to get the details that you need, along with a couple quotes, in just a few hours. You and your spouse, if you are married, can apply for a common Medicare supplemental insurance plan, and save additional money. By finding a local insurance agent, just tell them what you want, and they will come up with a proposal that fits your budget.
Don’t Live Your Life Without Health Care, Tips For The Best Options!
Health insurance can cover medical issues both minor and traumatic, but the bigger the bill, the more you’ll appreciate having the right coverage. It is safe to have sufficient health insurance, and these tips can help you get the coverage you need for your family.
Make sure you consider your overall health, as well as that of your family, as you make your policy selections. If you have no current health issues, you may get a policy that has a cheaper premium. This can be risky; although you pay less per month for this type of coverage, you’ll have to pay out of pocket for medical care if you develop a serious health condition.
To save the most money possible on health insurance premiums, consider catastrophic coverage instead of a more comprehensive one. While comprehensive has more benefits, catastrophic only covers emergency care and hospital care.
Understand that every health insurance policy has loopholes. It is essential to read your insurance policy thoroughly to familiarize yourself with what is and what is not covered. Be prepared in advance to pay out of pocket for things that may not be covered, like certain medications or procedures.
Generic prescriptions are a great way to reduce cost, regardless of what type of insurance policy you have. Generic drugs contain the same active ingredients as brand name medications, and are available for most prescription medications.
Choose the type of health insurance plan that best suits your needs. You can select from among an HMO, a PPO or even a POS. These insurances plans all have options you need to know about before you buy. If you like your present doctor, make sure with any policy you choose there is an option to stick with him.
It is important to have health insurance because you don’t know what may happen in the future. Illness and accidents may strike without warning. Compare a variety of insurance policies before you decide on the one that will best meet your needs.