The Internet & Technology Blog http://kremtronicz.posterous.com The Internet & Technology On the Go! posterous.com Fri, 23 Mar 2012 12:29:00 -0700 Health Coverage Individual Terminology Everybody Should Know http://kremtronicz.posterous.com/health-coverage-individual-terminology-everyb http://kremtronicz.posterous.com/health-coverage-individual-terminology-everyb

Have you ever tried to read the fine lines of your insurance policy and found yourself more confused than before? This is since an insurance contract is a contract of adhesion, this means the terms are unmodifiable and you are not in a position to change the terms through the insurance agent. The terms of health insurance personal or not are actually given to you on a “take it or leave it” situation.

While this is not against the law per se, you should expect that certain sections will be unconscionable to you. To avoid being duped into signing a document that appears alien to you or which unknowingly will not be good for you in the future, it is paramount that you ensure you at least know the health insurance personal terminology that are used in the contract. Primary Care Physician.

This phrase refers precisely to your own physician, the very same one whom you visit for general check-ups and when you are sick. You will often hear your insurance agent refer to this physician as your PCP, so make sure to understand this phrase. Since the Primary Care Physician is your main doctor, he or she also has the responsibility to refer you to specialists if your health condition requires it. If your health insurance personal requires you to designate a PCP, then you are more or less stuck with this physician and you will only be given the chance to see other doctors under the conditions of your coverage subject to the referral of your PCP.

Health Maintenance Organization

You often hear the phrase HMO or Health Maintenance Organization even from the service center of the hospital. This term is also often observed in various healthcare forms.Under the cheap HMO plan, you will be able to get health coverage from physicians who are in a specific network approved by the insurance provider. This is a common plan opted for by the majority of people considering it is one of the cheapest choices. The HMO plan requires you to name a Primary Care Physician and you can bet that his or her referrals will be in to the network of doctors under the HMO. This is inconvenient for those who have been used to being seen by specialty doctors who are not included in the list. If you insist, then your doctor’s fee and other costs will not be covered by the plan.

PPO

The Preferred Provider Organization or PPO works similarly as the HMO only that it is a network of physicians that have a contract with the insurance company. The only difference possibly is that you do not need a Primary Care Physician when your plan has a PPO, making this option more adaptable because it lets you to schedule a health check-up or appointment with any physician belonging to the network at any time. Unlike the PCP and the HMO choices, you still get up to seventy-percent coverage if you prefer to receive care from other doctors out of the network.

Point of Service

Point of Service or POS is a policy that lets you visit a doctor outside of the network.

Basically, the POS requires a Primary Care Physician that will refer you to an in-network physician. But if you choose to see doctors outside of the network, you will still get a little coverage even though not as high as the coverage provided through the Preferred Provider Organization. This is best for people who cannot afford the services of a doctor on a normal basis but who would like health insurance personal protection in case of emergency.

There are many medical terms you need to become comfortably with if you would like to receive the best viable health insurance personal. When you see the term pre-existing condition, it simply means an existing condition that was diagnosed within six months previous to the effective date of coverage. Understanding these principal terms will effectively help you come up with an intelligent decision when choosing a health insurance personal plan.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/1154900/kremtronicz_logo_400.jpg http://posterous.com/users/1kq8rZxsZ0Qh E. López kRemtronicz E. López
Thu, 14 Jul 2011 17:30:00 -0700 Health Coverage Payments: What Are You Getting In Exchange? http://kremtronicz.posterous.com/health-coverage-payments-what-are-you-getting http://kremtronicz.posterous.com/health-coverage-payments-what-are-you-getting

Paying your health insurance premium may be an added weight on your bankroll taking into consideration the economic calamity; however, not having insurance coverage may be more costly and disastrous specifically when you get injured. For example, the sky-rising medical costs can reduce your savings and can at the same time result in bankruptcy.

The full charge of your health insurance coverage will depend on a lot of aspects like your age, health and the chance of you ever filing a claim on your insurance. The cost of your healthcare insurance can be paid on a monthly basis yet in most cases, you will be allowed to get a more inexpensive health insurance insurance if you pay the annual cost in lump sum.

There are workable ways to make your health insurance plan less costly and one of those is to get group coverage. Obtaining an employer-subsidized health insurance premium will lower your bill so get it when it is available. Yet, do not just purchase the least expensive health insurance premium considering the cheapest health insurance premium is not always the best and the most affordable option.

It's imperative to look over each health coverage thoroughly to clarify the coverage that goes with a specific health insurance premium. More than the bill, it should be the coverage of the insurance you are buying that should concern you. If you buy all the benefits you will probably require in the future, meanwhile paying a reasonable health insurance premium, then that is likely the least expensive plan in the long run.

Magnitude of health insurance premium 

Premiums are the core of health insurance companies considering they will profit more if they can get more premiums in the company capital than what they spend in healthcare benefits. Healthcare shares a considerable part of the GDP in the United States with a sixteen-percent share in 2007 and almost double that percentage by 2016. 

While loads of people concede the weight of healthcare insurance, many are forced to remain without insurance since their income can't cope with the quick expanding costs of health insurance coverage. The luckier ones that are signed up in their work's group insurance coverage sometimes even complain of being underinsured but still profess that it is a more advantageous situation than not having any health insurance at all. 

Health is a vital concern in the United States. It was found out that medical costs led to nearly 50 % of bankruptcy filing. Paradoxically, a Harvard University study reveals that sixty-eight % of those who filed had health insurance coverage. The study places attention toward the unavoidable reality of the kind of health insurance plans people are getting in exchange for the heavy premiums they pay.

Instead of getting discouraged and relinquishing health insurance coverage, you ought alternatively be more attentive about the coverage you are getting for the health insurance premium you are paying. Placing aside income to pay your health insurance premium could mean curtailing food and other costs. Ensure your sacrifices aren'tare not for nothing.

 

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/1154900/kremtronicz_logo_400.jpg http://posterous.com/users/1kq8rZxsZ0Qh E. López kRemtronicz E. López
Thu, 12 May 2011 22:52:00 -0700 Health Insurance For Unwaged People http://kremtronicz.posterous.com/health-insurance-for-unwaged-people http://kremtronicz.posterous.com/health-insurance-for-unwaged-people

Out of job and out of insurance? You're not alone. 

The Net could have gone haywire even before the government-subsidized health plans for unemployed citizens ended on June 1. A lot of people including those who are in their fifteenth month of COBRA health insurance for unemployed employees and those who are about to be let go have turned to the internet for health insurance choices. 

It is hard enough to be with no work and pay during these trying times so you can just imagine how difficult matters would be if you get ill with no health insurance coverage. However, if you act fast, you may still qualify and be able to find government programs and a few private health insurance for jobless people.

With no federal-subsidized COBRA, the next best options for health insurance for unemployed people is to get a cheap medical plan that may not be as complete as your previous health insurance yet which will adhere to your immediate medical requirements like planned visits to your doctor or maybe a couple days recovery in the hospital. 

If you are positive about finding work in the near future then short-term health insurance for jobless people would be another option. This sort of health insurance is usually available for six months to one year and gives protection against disasterous emergencies.

If you do your exploration correctly, then you may be able to purchase inexpensive short term health insurance for jobless employees, which provides coverage for up to two million dollars. It is possible to get a low-cost insurance less than the cost of COBRA if you are young, healthy, and with no preceding ailments.

If you're unemployed then it might be a good time to begin a lifestyle change by getting rid of unnecessary payments. Nonetheless, while insurance premiums go into the bills category, it should not be placed with the items you need to sacrifice even if you are without work.

The key to retaining health insurance for unemployed employees is to look for an affordable health insurance which you can afford to pay every month while you are looking for work or until your financial situation gets better.

With the demise of the government's subsidy on its citizen's health insurance coverage, it is near disasterous to lose work these days and in effect to lose your group health insurance coverage. It may be a challenging event given the present state of the economy but it is crucial that you immediately look for a job, another source of money or a very cheap health insurance for unemployed citizens.

Unemployed people who are more than 64 years of age and who are experiencing an illness might find it difficult to look for short-term health insurance for jobless citizens. However, the options would be less challenging if you are unemployed, but below twenty-six years old because you can try to get coverage with your parents' health insurance. Yet, don't assume this to give instant insurance for you as you may have to wait for the next plan year.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/1154900/kremtronicz_logo_400.jpg http://posterous.com/users/1kq8rZxsZ0Qh E. López kRemtronicz E. López