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Saturday, February 15, 2014

Health Insurance Safety Nets

By Maryl Joop


When I was first assigned this article, I found myself swimming in a large pool of questions. What is a health insurance safety net, I asked myself, and so I started out on an adventure to find the answer to my questions and help my readers become more knowledgeable about the benefits health insurance can provide for those who have it.

Health Insurance is protection against medical expenses. It covers things such as illnesses, injuries, and conditions. Employers might have a plan that covers you or you might pay for individual health insurance out of your own pocket.

During the rap up of their experiment, they offered a real life application for learning to swim in a syrupy substance. In 1919 there was a very unexpected disaster in Boston. A large molasses storage tank ruptured, pouring a wave of molasses through the streets. Twenty-one people died and a further one-hundred-fifty people were injured.

Perhaps if some of those people were prepared to swim in molasses, they could have been saved. Of course this is not to make light of a tragic situation. Who practices swimming in anything but water? Rather, this captivating story teaches us of how a skill like swimming (in whatever substance) could be a life-saving skill.

A State high-risk insurance pool is another version of pre-existing health condition insurance plan. These plans are run by your state of residence.

The Terms: Deductible: The deductible is the amount of money you pay toward a medical bill before the health insurance kicks in. You simply have to prime the pump before the pump begins to work. This amount changes depending on which plan you have chosen and some plans don't even have a deductible.

And one last suggestion, work out! Staying active will keep you healthy (which will ward off many sicknesses and diseases). It will also give you the movement, endurance, strength, and sharpness of mind you will need to physically and mentally deal with many emergencies.

Coinsurance: Coinsurance is the percentage of the medical bill that you pay. If you are pay coinsurance amounts then both of you are paying into the medical bill. For example, if you have a plan that covers 90 percent of the bill, then the coinsurance amount is the remaining 10 percent.

As you look for Utah Health Insurance, you should be sure to also check out county and state insurance programs, these more local insurances can be extremely helpful, especially if you are visiting local doctors. Finding the right plan for you and your family will help you all to be more healthy and financially secure as you look for insurance.

No matter what kind of coverage you find for your family, having a knowledge of safety nets will help you to feel more secure throughout the many transitions of life. You deserve to be healthy, and this will certainly help.




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