"I'm a study of a man in chaos in search of frenzy."Oscar Levant
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5 Ways Green Lipped Mussels can benefit your Health
5 Ways Green Lipped Mussels can benefit your Health Green lipped mussel (Perna canaliculus) is a New Zealand shellfish most commonly found growing in the clean water sea off the coast of New Zealand. GLM (Green lipped mussel) contains many vitamins, ...
Coffee and Caffeine: The elixir of health and happiness!
Coffee and caffeine go hand in hand. Coffee is one of the most popular beverages in the world. And Americans just can't think of life without a cup of rich and full-bodied delicious coffee! Coffee contains caffeine that contributes greatly to the ...
What Role Does Nutrition Play in Our Health?
Nutrition as it applies to our daily lives means that we take in what we need to maintain our body's healthy state. Nutrition has become an important word thanks to the involvement of the USDA in our daily food requirements, and the FDA's involvement in ...
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Health insurance is a kind of insurance wherein the insurance company pays the medical costs of the insured individual if the individual in question falls ill due to covered causes, or due to accidents. The insurer may be a private organization or a government agency. The major purpose of health insurance is to cover medical expenses and any lost income while the individual is not well and unable to function normally.
There are different types of health insurance policies. The two most common ones are major medical and disability insurance. A major medical health insurance policy provides benefits for sickness or injury, irrespective of whether the care is provided at a doctor's office, clinic or hospital. The types of sickness and injury covered are typically broad, although there are always limitations that you may want to discuss with your agent prior to purchasing the coverage. Major medical policies normally have an annual deductible and a lifetime maximum amount of benefits that will be paid.
Even if you are covered by a group insurance at work, you might consider taking an individual policy if you may change jobs soon, or if certain benefits that are not provided in the group policy.
A deductible is an annual amount that you will have to pay per insured person, before the insurance company begins to pay on your bills. There is an upper limit for the maximum amount of deductibles you will have to pay in a given year.
In a health policy, coinsurance refers to the percentage of the medical bills that the insured individual will have to pay after the deductible is met. Usually the health policy would have a provision called a 'stop-loss' - this is the maximum amount you will have to pay for covered medical bills.
About the author:
Chris Tolamalu is interested in health insurance.
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