Health Insurance

What is Health Insurance?

What is Vehicle Insurance?

Health insurance is a type of insurance that helps cover the cost of medical and surgical expenses. It provides financial protection for unexpected healthcare costs and can help you manage your healthcare expenses more effectively.

What type of health insurance is right for you?

What type of life insurance is right for you?

There are several types of health insurance policies available, but the two main categories are group health insurance and individual health insurance.

Group health insurance is typically offered by employers to their employees as part of their benefits package. It provides coverage to a group of people, which can help lower the cost of premiums for each individual.

Individual health insurance is purchased by individuals and families directly from insurance companies or through the health insurance marketplace. It provides coverage for an individual or family and can be customized to fit their specific needs.

Basic Features of Health Insurance Policies

Policy Basics

Regardless of the type of health insurance policy you choose, there are a few basic features that are common to most policies. These include:

  • Premiums: The cost of your health insurance policy, which can be paid monthly, annually, or in a lump sum.
  • Deductible: The amount of money you are responsible for paying before your insurance coverage kicks in.
  • Coinsurance: The percentage of the cost of covered services that you are responsible for paying after you meet your deductible.
  • Copayment: A fixed amount that you are responsible for paying for certain covered services, such as a doctor’s office visit or prescription medication.
  • Maximum out-of-pocket expenses: The maximum amount of money you will be responsible for paying in a given year for covered services, including deductibles, coinsurance, and copayments.
  • Network: The group of healthcare providers and facilities that are covered by your insurance plan.
  • Benefits: The specific medical services and treatments that are covered by your insurance plan, such as preventive care, emergency services, and prescription medications.

As always, it’s important to speak with an insurance professional to determine which policy is right for you and your healthcare needs.

Who We Serve

Individuals & Families

Business Owners