Major Medical Health Care
Understanding medical insurance and how insurance companies work is vitally important when you are trying to find the best health care policy for your needs and your budget.
The search for the best coverage at the lowest price starts with comparing as many plans as possible from providers in your area. You should know whether you qualify for a subsidy or a tax credit under the new Affordable Care Act (ACA).
What You Should Know
You should undertand that buying a medical insurance policy is an ongoing process and not a one time purchase. To maintain your health coverage, each month you pay a fee, or premium to your medical insurance company.
Your premium covers your future health care services. It is a fee that you pay to be covered by your health insurance company. The cost of health services is not completely eliminated by paying the monthly premium.
There are other costs associated with major medical insurance coverage, such as deductibles, co-payments, and co-insurance. We can help you undertand the complete process as you seek to get coverage on the New York Health Exchange or directly from health insurance companies.