The reason a quarter of all Texans don't invest in health care is partly due to them not finding a few spare moments and researching all available health insurance policies.
You will probably be surprised at the range of possibilities available out there that can be structured to fit into your budget.
Seriously, you don't want to get into an accident or have a sudden illness without medical insurance.
If you do, you could face a lifetime of bills to pay off your medical debt.
Depending on what medical services you end up needing, you could also end up under-insuring too.
That would also be unfortunate.
There are a few different types of insurance and understanding what comes with them will help you to understand what medical insurance you need.
Here are a few different types of insurance and what they cover: Major medical: this type of coverage gives you coverage for visits to your doctor, hospital stays or surgery, and covers ongoing illnesses.
Specified diseases: this health coverage is going to help you with medical expenses specific to a specified disease (like HIV, cancer, etc) Hospital/Surgery: this is going to cover fees incurred in hospital.
This means lab tests, x-rays, doctor consultations.
This is not going to provide you assistance if you require follow-ups once you are discharged from the hospital.
Home health care: if you need assistance while at home (either routine or round the clock) this insurance will help you pay for these services.
Long-term care: this insurance is generally for the elderly, who aren't able to completely care for all their needs.
This might range from assistance with day to day living, or stays in residents where the insured will get assistance with their needs.
Short-Term: This type of care is pretty much the same as major medical insurance but only covers a short period of time.
This type of insurance is good if you are between jobs and just waiting for insurance to kick in.
With all insurance types there are different costs associated with time.
These include the typical monthly insurance premium, which is what you pay on a monthly basis to assure you have the insurance you need in the first place.
Then there are deductibles, which you pay out of pocket when you come across a medical expense.
The next cost would be co-insurance or co-payment which is either a percentage or flat rate for a health service or benefit rendered.
Lastly there are generally lifetime limits with any insurance policy.
If you exceed the lifetime limit with benefits received then you will be responsible for any additional medical costs you might incur in addition.
So now you are the expert on heath care, take a few moments to fill out our questionnaire and get a quote for insurance.
Your research and perseverance should pay off so you can find the best option for you and your family.