Affordable Health Insurance That Doesn't Sacrifice Quality
Although there are companies that continue to raise their rates every year and often in drastic increments, there are also those that find other methods of creating plans that offer a high quality product at an affordable price. These companies are listed below:
Kaiser Permanente: Offers Individual, Family and Group Health Insurance Plans. Their plans are designed to suit an individual and their families needs. Families looking for more coverage for the children or for a wife who may become pregnant may be interested in the $25 Co-payment Plan or the $500 Deductible Plan. Individuals, who wish to have lower monthly premiums, often prefer the $1500 Deductible Plan or the $50 Co-payment Plan. The $25 Co-payment plan offers the best benefits. This health insurance plan has no deductible. For a primary care visit, you will pay a flat rate of $25. The next best plan is the $500 Deductible Plan. Once your deductible has been met, the co-payments for this plan will be less than the $25 Co-payment plan for most services. Often healthy individuals and families focus on obtaining ""just-in-case"" health insurance plans with lower monthly premiums. For individuals who rarely visit the doctor, the $1500 Deductible Plan or the $50 Co-payment Plan might be the right health insurance option. The $1500 Deductible Plan is the only Kaiser Permanente health insurance plan for individuals and families that offers chiropractic coverage. The $50 Co-payment Plan offers the security of having a flat rate payment to see the doctor. However, this plan does not offer prescription drug coverage.
Blue Cross and Blue Shield of Florida: Offers plans that may differ by state, but overall the coverage descriptions remain the same. This company offers the following types of policies:
Flexible spending accounts allow members to use pre-tax dollars for certain eligible medical and dependent care expenses. Members fund their FSAs with contributions that come out of their paycheck.
A Health Maintenance Organization (HMO), is a health care system that assumes or shares both the financial risks and the delivery risks associated with providing comprehensive medical services to a voluntarily enrolled population in a particular geographic area, usually in return for a fixed, prepaid fee.
Health savings accounts (HSA) allow members to save money into tax-advantaged accounts. Qualified contributions made to HSAs are tax-deductible, and funds withdrawn to pay for qualified medical expenses are tax-free. More information about qualifying expenses and the HSA regulation, Section 213(d) of the IRS Tax Code is available on the IRS website.