Effective Health Insurance

Tuesday, March 10th, 2009

TYPES OF HEALTH INSURANCE

by: Djai Tanji

•BASIC – Basic health-care insurance covers hospital room and boarding, medical supplies and equipment, health-care services, outpatient cares up to a particular limit.
•MAJOR MEDICAL – after a high-deductible has been met, health-care costs can be covered by Major Medical. After this, the insurer (with 70 to 80 percent of the expense) and the patient share medical costs and the remaining cost will be paid by the insured.
•COMPREHENSIVE MEDICAL – this combines basic coverage with a major medical plan, the maximum benefit is specified in the insurance policy.
•MEDICARE – this is the United State’s government’s health-care insurance program for the aged, available only to people aged 65 and older and also to certain disabled persons