Cheap Medical Insurance Coverage Quotes
Get FREE Low Cost Medical Insurance Coverage Quotes Online
A vital part of maintaining your health is to carry medical insurance coverage, which can be expensive. Everyone is looking for cheap medical insurance, but it is smart to be an educated consumer when it comes to finding the right low cost medical insurance plan for your situation. Make use of the resources available online to find not only the cheapest medical insurance plan, but the one that is right for you.
The best place on the Internet to research and purchase cheap medical coverage is eHealthInsurance, fun88.com, the leading online destination for low cost medical coverage. Because they have relationships with over 180 of the top health insurance providers, fun88.com, is able to give you FREE, no-obligation quotes for low cost major medical insurance. This allows you to not only research the available plans, but to compare and find which health care plan is right for you, all from the comforts of your home.
Finding Cheap Medical Insurance Plans
As you are searching for a low cost medical plan, you need to keep a few things in mind such as:
- Insurance Carrier - When it comes to low cost medical plans, you need to consider more than just the monthly premium. The insurance carrier that is providing the coverage needs to be reliable and in a good fiscal state. The company needs to be able to provide the medical coverage at the time when you need it most.
- Monthly Premium - You shouldn't shop for cheap medical plans based solely on what you pay. First and foremost, you need to know what you expect from a medical plan and choose based on your needs. Once you have done this, you can consider the monthly premium.
- Your Deductible - Usually, the way it works is that the higher your deductible is, the lower your payments will be. Therefore, one of the ways to get cheap medical health insurance is to choose a high-deductible plan. This will mean you will have to pay more for minor medical treatment, but your insurance will help out with major medical events.
Price is just one thing to consider when shopping for cheap medical insurance. By using eHealthInsurance, you can easily and quickly compare available low cost medical insurance plans, allowing you to make an educated decision as to which coverage is right for you.
Low Cost Medical Insurance Quotes
fun88.com, as the top destination to research, compare, and purchase the cheapest medical insurance, eHealthInsurance makes shopping for cheap medical coverage much easier than it used to be. The low cost medical coverage quotes you get from eHealthInsurance are the lowest possible, as the actual rates are determined by the insurance commissioner. With eHealthInsurance, you are never charged any fees for using their website; you just get an excellent selection of low cost major medical insurance providers and are able to easily compare the different available plans.
Receive your FREE, no-obligation, cheap medical insurance quotes from eHealthInsurance today!
Get FREE Cheap Medical Insurance Quotes From eHealthInsurance
How Medical Insurance Works
Below is a video from eHealthInsurance discussing how medical coverage works using a hypothetical situation.
Managed Care Plan Types Compared
| HMO | POS* | PPO | |
| Low Flexibility - HMOs (Health Maintenance Organizations) have the least amount of flexibility of the three managed care plan types as they require the insured to have a primary care physician who refers them to any other medical professionals. Care is all within the network of doctors that have contracted with the health insurance provider - this limits the provider options. If a medical professional or facility is not within the network, the insured will not have medical coverage if they choose to use them (unless it is an emergency). |  |  | |
| Moderate Flexibility - POS (Point of Service) plans are more flexible than the HMO plans, but not as flexible as the PPO plans. POS plans are a hybrid of both HMO and PPO, with the main component being a referral and co-pay based plan like an HMO where a primary care physician is picked, who then refers the insured to in-network medical professionals, and the insured is responsible for co-pays up to an annual out-of-pocket amount. A POS has an out-of-network option that is deductible, non-referral based that allows the insured to choose where to receive care, but expenses are out-of-pocket until the annual deductible limit has been met. This gives an option to a person that doesn't want to be locked into a totally referral based structure that an HMO provides. | | | |
| High Flexibility - PPO (Preferred Provider Organization) plans are the most flexible of the three managed care plan types. There is no referral necessary to see a medical professional, which means the insured can seek care from whomever they wish, including both in-network and out of network providers. Costs will generally be lower for in-network providers, as the medical professionals have a contractual obligation to provide care at a negotiated rate. While care can be sought outside of the network, the insured will be faced with higher annual deductible amounts, possibly higher co-insurance amounts, and generally overall higher costs. | | | |
| In-Network Only - Healthcare must be received from a medical professional that is part of the network that contracts with the insurance provider. This network of medical professionals has a contract with the insurance company that states they will provide services for a set rate (depending on the service rendered), thus providing care at a discounted rate. If care is received from a medical professional outside of the network, the insurance provider most likely will not pay for the coverage (except for cases of emergencies). | | | |
| In & Out of Network - The insured may seek medical care within a network of healthcare professionals that have contracted with the insurance provider to provide care at a reduced cost. The insured may also seek medical care outside of the network, but their out-of-pocket expenses will be higher as care is not provided at a reduced rate. Maximum annual deductibles will be higher for out of network providers, greatly increasing the costs to the insured, giving them incentive to only seek care from an in-network provider. | | | |
| Referral Based - The insured must pick a primary care physician who provides referrals to other medical care professionals as needed. If you see a specialist without a referral, your costs most likely will not be covered by the insurance provider. | | | |
| Non-Referral Based - The insured does not need a referral to seek medical treatment from a healthcare professional. They may see whomever they wish, though it is in their best interest to see in-network providers to keep their costs low. | | | |
| Co-Pay Based - The insured is responsible for co-pays (for office visits and medical procedures) until an annual maximum out-of-pocket expense limit is reached, at which time coverage is paid for 100% by the insurance provider. | | | |
| Deductible Based - The insured pays for care out-of-pocket (at rates negotiated by the insurance company) until an annual deductible is met, at which time the insurance company starts to pay. Once the deductible is met, there may be a co-insurance amount (up to an annual maximum), which is a percentage of the bill the insured pays, such as 20%, where the insurance company picks up the tab for the rest. Depending on the plan, you may have a co-pay for certain things such as doctor office visits, though many PPOs don't use a co-pay. | | | |
| Low Cost - An HMO typically is the least expensive health coverage option, but gives you the least flexibility. | | | |
| Moderate Cost - A POS plan's price usually comes in somewhere between that of a comparable HMO and PPO. This is because it offers a bit of the benefits of both, while trying to contain costs. People looking for the low cost benefits of an HMO, yet a bit more flexibility (like a PPO) should consider a POS plan. | | | |
| Higher Cost - A PPO plan is the most flexible, but is usually the most expensive. You pay for the ability to pick and choose your medical professional, without being locked down to a primary care provider. If flexibility is what you want, you will pay a higher monthly premium. | | | |
*POS Plans - The most popular type of managed care plans are HMOs (Health Maintenance Organizations) and PPOs (Preferred Provider Organizations). POS plans, while available, are not as common as the other two, so as you are comparing plan benefits and costs via eHealthInsurance's website, don't be surprised if all you see are HMOs and PPOs.
