Thursday, September 6, 2012

what is Health Insurance ?

Health Insurance - Understanding Different Types of Health Insurance Products and Programs

Health insurance is one of the insurance products that are offered by insurance companies that guarantee health care costs or the cost of care while in the hospital. So, when a member insurer fell ill and had to be treated then all the costs to be incurred will be covered by insurance.There are two types of treatment offered by insurers to policyholders, inpatient and outpatient. 

The insurance company that provides health insurance include life insurance companies, social insurance companies and insurance companies generally.

1. Health insurance with managed care patterns
In this method of insurance, insurers usually have hospitals and doctors and clinics from their partners. So, you can select them according to the existing list. So, every insurance holder is entitled to have their doctor, the cost of the visit is free of charge, except for prescription drugs from a doctor. If the insured treatment outside of the doctor or hospital partners, insurers will not be claimed.

Self insurers pay doctors or hospitals that are included in their partner network every month and are calculated based holders of insurance not been served. So, the doctors will be more motivated to maintain public health

2. Insurance indemniti method
Insurance indemniti method has the flexibility for you to choose a doctor or hospital anywhere you want. If you use the care of a doctor or hospital not associate the insurance, then you will get a system change or you can make a claim. However, if you use the care of a doctor or hospital that is a partner of the of the insurance, you do not need to pay cash. The important treatment is consistent with the treatment options covered by insurance.

However, this type of insurance also has rules regarding the limited number of claims such as deductibles, co-insurance and co-payments that vary from one insurer to another. Therefore, you need to be careful and pay attention to the various terms and conditions apply.

3. Self-insurance by the company
The company may place you worked there who set aside funds to pay for your health. Insurance benefits vary from one company to another because it depends on your company's ability to work. So, the company has established a number of cost coverage. If the employee exceeds the cost of the treatment, it is no less the reimbursement. But if less, the remaining funds can be 'burnt' or given in cash.

Well, from here you have been provided regarding health insurance. For those of you who need health insurance, you can consider the points the explanations given for your convenience.