Archive for February, 2012
Major medical healthinsurance, also referred to as a “catastrophic” plan, is just one of the many options when it comes to health-insurance policies. If you dislike the plan offered by your employer, or if your employer does not offer healthinsurance, major medical may be the best option to fit your needs.
These types of plans are nicknames “catastrophic” for a reason. They are typically designed to cover medical issues that are generally considered to be significant- and expensive. Generally characterized by high deductibles and low premiums, major medical healthinsurance is best for only certain populations of people.
Anyone with a chronic medical condition that requires regular check-ups, tests, and medication should steer clear of this type of policy. While pre-existing conditions may indeed by covered, any costs outside of a major incident will have to be paid out-of-pocket. Most of these types of policies cover only hospital stays, surgeries, intensive care, and related lab and other diagnostic tests.
In addition to the fact that this type of insurance simply does not make financial sense for someone with pre-existing conditions, past years have shown to be extremely difficult to be accepted for such a plan. Due to health care reform, in 2014 health-insurance companies will not be legally permitted to deny coverage to anyone based on their health status.
Deductibles for major medical healthinsurance policies generally range from $500 to $10,000, depending on the benefits included in this type of plan and the actual coverage offered. Premiums are relatively low. For example, a 21-year-old female may be offered a plan with a $500 deductible, with a $2500 annual out-of-pocket limit, for just $29 per month.
There are two major groups of consumers that tend to purchase this type of health insurance quotes, those that are in their 20s and from 50 to 65. Young adults that purchase this type of policy often are either self-employed or lack coverage from their employer, and are unable to afford more coverage at this time in life. However, individuals in this age range may now stay on their parents’ policy until the age of 26 if they are not offered insurance from their employer.
Older individuals that look to this type of healthinsurance policy often are concerned with the potential financial losses of a catastrophic even. Often they are relatively healthy, without the necessity of taking many prescription medications or frequent physician visits. In this case, the out-of-pocket expenses of the occasional primary care physician visit and resulting medication needs are significantly less than the cost of a comprehensive healthinsurance policy.
Major medical healthinsurance certainly has its benefits and drawbacks, so as with any important decision, take care in comparing the options before making an educated decision.
Ever since private players entered in the insurance sector in 2001, there has been a sea change in attitudes, awareness, processes and products offered. Add the comfort and convenience of online shopping and you realize that picking an appropriate medical health insurance policy was never this easy. While most of us are all accustomed to trawling the internet for those perfect bargains, it is tough to imagine a simplification of the acres of paperwork, fine print, riders, and comparative prices involved in picking up health insurance. Furthermore, the earlier generations are still not as aware as the current generation with respect to the advantages of the internet. The insurance industry has been steadily growing in the last few years and it is no surprise that insurance firms have realized the edge that online medical health insurance websites can offer in picking up more clients faster.
Why and how is the internet replacing the Medical Health Insurance Agent?
? The biggest advantage of picking medical health insurance online is the removal of the insurance agent and the possibility of getting stuck with an inappropriate plan.
? Another big benefit is the complete absence of paperwork. Today you can fill forms online, pay online and get instant coverage. Moreover, online payment also ensures that you have an established financial trail which cannot be tampered with.
? Medical Health Insurance websites give you all the information you need at one place, without having to move from pillar to post. This includes data on coverage options with the corresponding premiums, exclusion list, key features, and in most cases details of standard health care expenses. This eliminates the tedious and time consuming process of contacting multiple firms and exchanging relevant data.
? Nowadays, most medical health insurance sites provide comparative tabulated data so that you can pick and choose your preferences with astonishing ease.
? Armed with information about all possible plans in the market, it is easier for a prospective buyer to customize their medical health insurance plan online than anywhere else.
? The net is also the perfect option if you are looking for that specific sweet deal. Sometimes you can save up to a whooping 40% on premiums if your research on comparative prices is spot on.
The procedure of acquiring medical health insurance online in itself is quite simple. As a first step look for websites that provide such health insurance. Choose the most credible source you can find based on customer reviews and variety of options provided. After that it is just a matter of decoding the fine print which has already been simplified and finding the sock that fits you best!
With the current economic troubles and with rising costs in health care, more and more people are foregoing doctor’s visits or needed prescriptions, therefore setting companies up for monetary losses in the future as their employees’ serious conditions go untreated. There are, however, many things an employer can do to foster health and wellness in the workplace.
Encourage Healthy Eating
Even small changes can add up. One morning per week, provide employees free, fresh fruits for a heart healthy, quick breakfast. Make sure the company cafeteria also offers plenty of healthy foods, such as salads, fruit, baked chicken or fish, whole grain breads, vegetarian meals, and unsweetened, decaffeinated drinks. In the vending machines, replace candy and chips with dried fruit, nuts, and granola bars. At employee meetings, provide yogurt and fresh fruit, instead of the standard fare of cookies and sodas.
Promote Ways to Reduce Stress
The workplace can be stressful, especially with today’s looming layoffs, budget cuts, and increased demands for overtime due to staff cuts. If left untreated, stress can lead to depression, anxiety, fatigue, trouble concentrating, stomach problems, or increased use of alcohol or drugs, all of which are detrimental to the employees’ performance. To offset these stresses, offer strategies or tools for relaxation. Invite a yoga expert to lead a 15-minute meditation and relaxation exercise during the day, or bring in a masseuse to give 15-minute neck and shoulder massages.
Management should also communicate the best they can to reduce uncertainties about employees’ jobs and futures. Also, avoid unrealistic deadlines and make sure the workload is suitable to the employees’ abilities. Most importantly, show your employees that they are valued members of the team.
Encourage Physical Activity
Promote exercise by allowing employees who walk or bike to work to arrive five minutes late or leave five minutes early. If space and costs allow, install an employee gym and showers so that workers can exercise during breaks and lunch hours, which not only increases physical health and mental acuity, but can also decrease stress.
Are your employees competitive? Sponsor a weight-loss competition or walking challenge with pedometers to determine who walks the most steps in a week. Start a company volleyball or softball team for weekend games, or install a ping pong table in the cafeteria. Hold employees to a health standard by having them sign a fitness contract.
Sponsor a Health Fair with Preventive Screening
Organize an on-site health fair, bringing in representatives from fitness centers and health food stores to talk to employees about health related issues. Some fitness centers may even offer discounts when several employees join at the same time. At the health fair, hold a raffle, with the winner receiving a bike or gym membership.
Invite a company who offers mobile health screenings to spend the day at your workplace. As their schedule allows, employees can find out if they are at risk for heart disease or stroke and receive valuable information they can provide to their physician if there is a problem. Administered by trained professionals, the tests these companies offer are quick, non-invasive, and painless, and can save lives, since many of the symptoms of heart disease can go unnoticed.
As our able governments keep cutting public spending, being able to afford decent healthcare has become a lot more challenging from the common man. Now, it is not just the patients that are going to feel the heat of the recent ‘austerity measures’ as even healthcare facilities are expected to witness a slowdown. As the spending power of the common man is going down, a huge task of the hands of healthcare facilities is to match their charges as per the spending power of the people.
As they say, everything has two sides; if you are the owner or the manager of a healthcare facility, the financial slowdown may very well work for your center rather than working against it. This is because if you lower the charges of the treatments you offer, you will be able to attract a much larger number of patients than you usually do. However, the question that arises here is how on earth you can lower the charges when the prices of everything are going up.
Though this may sound unfeasible, with the power of the web, you can definitely achieve this. No matter whether you need to buy med supplies or lab supplies, you spend a considerable amount of money. Now, you may very well have a trustworthy medical and surgical instruments supplier to take care of every need you facility has; however, if you buy the required supplies from a web based supplier, you can very well experience a substantial difference in your spending.
When you buy the required supplies from a local medical and surgical equipment supplier, in addition to paying for the supplies, you also pay a part of the maintenance liable on the supplier. However, if you buy the required supplies from a web-based merchant, you are not required to pay for such expenses as online merchants do not have any such expenses. Hence, by saving on the purchase of the supplies, you can easily create a financial buffer to lower the charges of the treatments you have to offer.
Though virtual market is the best place to buy everything ranging from groceries to med supplies, you need to verify whether or not the party you are buying the supplies from is authentic. In order to be absolutely sure about this highly critical aspect, you can either check the age of the website you are shopping from using any domain age checking websites or simply refer to the reviews received by the chosen medical and surgical instruments supplier.