Reducing the high cost of health insurance
We are all
experiencing the dramatic un-explainable rate increases in our insurance
premiums.
You know
the reasons given to us for these increases.
Millions of people who were previously uninsured are now covered. Medical questions are no longer asked,
therefore a healthy person pays the same rate as the person with major health
issues. The healthy person’s premium
was increased to match the person with major health issues.
Are there
options? Yes there are.
1.
No health
insurance. This is high risk should a
medical need arise and this person is subject to the personal responsibility tax when filing taxes.
2.
A health plan
through your employer ACA
plan (Affordable Care Act).
3.
A non-compliant ACA
health plan - at a lower premium, with more benefits included.
The
advantages of the third option are:
a)
PPO network
you choose any Doctor, any hospital nationwide
b)
Coverage worldwide
c)
Coverage on
or off the job
d)
Fixed rate up
to 36 full months. (long term savings)
e)
Guaranteed
renewable - without underwriting again
f)
Medical
necessity is determined by you and your Doctor, not by the insurance company.
Disadvantages:
a)
Not all applicants are accepted due to current
health issues.
b)
Applicant
is subject to Personal responsibility
tax. 1%
- 2%.
There are
many health insurance carriers. There
are many agents who are available and would like to sell you “their” plan. It is to your advantage to talk with an agent
who has sold various plans with
different companies. Why? Because from experience they have seen the
benefits of each plan. Whereas, a
captive agent, selling only one product for one company has his/her best
interest at heart vs yours.
Walter
Seward
Health
Insurance Agent.
