How Smoking Impacts Your Health Insurance Policy

It’s a well-known fact that smoking causes an adverse effect on your health. You must have seen the warning message on all cigarette boxes – ‘Smoking is injurious to health’. Smoking tobacco is a root cause of 30% of all cancer deaths and causes 16 times higher risk of heart attack.

There are almost 120 million smokers in India. As per World Health Organization, India accommodates around 12% of the world’s smoking population. The number of men smoking tobacco has increased from 78 million in year 1998 to 108 million in the year 2015. Tobacco consumption is accountable for the death of 6 million people each year. Direct tobacco consumption accounts for over 5 million deaths and 0.6 million deaths are due to exposure to second-hand smoke. Considering serious public health risks, the Government has banned smoking in public places from 2nd October, 2008.

Not only your health, it also causes you to pay higher premiums for a health insurance pol

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Guidelines in Deciding to Get Individual Health Insurance Policy Quotes

Health is Wealth, if you have it you should take care of it because pretty much it is a deciding factor in having an enjoyable life. Life as we know is full of surprises. Health as a facet of life has a number of factors to consider. A good health now is no guarantee of a good health later.

As much as we would want to be healthy, we really do not have total control over it. We would like to think that we really are in control, and to a certain extent we do have control.

We have control in the sense that we can decide what to eat, what activities to do, the kind of lifestyle we would like to live and the type of environment that we would like to live in. When we talk about these things definitely we have control, but as to what will happen to us in the future is really beyond our control.

It is in this light that getting individual health insurance makes sense. To state briefly for early clarification and appreciation; an insurance is a means of indemnity against

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Why Your Pet Needs Health Insurance

The question is really one of being prepared for the worst. You need pet health insurance and hope that you will never have to use it. To have pet health insurance and not need it is so much better than needing it and not having it.

Molly Bee was a very cute, lovable and absolutely wonderful West Highland Terrier. Coming into my life when she was 12 weeks old, I assumed the best for her since I was getting her from a reputable AKC breeder. I had no way of knowing what was in store for her. I was not prepared for the thousands of dollars I would spend in vain trying to save her life.

Molly Bee developed a hereditary condition that shut down her liver. It was so devastating that our good veterinarian told me her test numbers were higher than any he had ever seen. I prayed (and paid) until I could pray and pay no more. Molly Bee had to be put to sleep when she was but 18 months old. I was devastated and out thousands of dollars. Remembering the pet health insurance flyer

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How to Find the Best Individual Health Insurance Plans

If you are after the best individual health insurance plan, you are probably looking for the best long term requirements of a coverage policy. First of all, it is not that easy to find the best individual health insurance plan which will ultimately meet all your needs.

The first step that you must take is to look for other plans that will enable you to realize its benefits in such an easy manner. With numerous diseases continually plaguing the environment, it is possible that you might lose your savings overnight on account of the numerous medical procedures and tests that will be necessary for your treatment. This is why it is very vital that you find the best individual health insurance plan that will invariably protect your savings in the near future.

Before locating the best health insurance provider or company, consider researching about the reliability quotient of your prospective insurance provider. For you to avail the best type of plan, check and review the co

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What Is The Difference Between Medicare Supplemental Plans And Medicare Advantage (Part C) Plans?

When you reach the age of 65 and are no longer covered by a group healthcare plan you become eligible for Medicare. Medicare was never intended to cove 100% of all healthcare costs and in general it only covers 70% to 80% of all medical expenses. The remaining 20% to 30% is your responsibility and most people choose a Medigap insurance plan. There are two types of Medigap programs, Medicare Supplemental Programs, which have been around since 1965, and Medicare Advantage Programs, also known as Medicare Part C, which have been around since 2006. Supplemental insurance plans are similar to traditional group health insurance, with out-of-pocket costs from deductibles and copays for services rendered. Medicare Advantage plans are network plans that offer coverage based on agreements about pricing with hospitals and doctors. These plans are Health Maintenance Organizations, Preferred Provider Organizations, and Private Fee For Service Plans.

The first real difference between the p

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5 Reasons Why Health Insurance Is a Must for Everyone

A few years ago, there was a common misconception that family health insurance is a type of luxury that only the rich can afford. However, this perception is now changing due to many reasons, such as inflation, rising hospitalization expenses, and the growth of the middle class.

There is no doubt that individual health insurance is considered important across the globe. Today, homemakers and working professionals are looking for insurance policies that can cover their expenses related to critical illnesses, lifestyle disorders, health conditions, and diseases just to name a few.

In this article, we are going to talk about five convincing reasons that explain the importance of health insurance for people, regardless of their age, gender, profession, or social status. Read on to know more.

Financial Protection

First of all, the policy provides financial protection. It can cover your medical expenses when you get injured or fall sick. In these situations, yo

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Overusing Your Health Insurance

When reviewing health plans and evaluating cost, keep in mind health insurance wasn’t designed to cover every penny related to health care.

Everything under the sun on an open credit card is nice, but not when you are paying the bill. But you are.

The purpose of insurance is to cover sudden very expensive losses. It’s about making you whole again and not have the financial responsibility of a ton of money to do it. Somehow we all decided over the last 60 years that the traditional plan should pay for everything.

Health insurance is the only insurance product, for the most part, that pays for first dollar coverage like doctor visits and prescription drugs. The healthcare system gamed the system on the bigger bank account paying the bill, not the small guy. The tables have turned…

Employees are more responsible for their healthcare in paying more for premium dollars out of their check and higher costs. Employers should engage their employe

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Lead Poisoning: Your Health, Your Insurance Coverage

It was not that long ago when the water crisis in Flint, Michigan took place and residents worried about the lead content. For years, home and property owners and managers, as well as mortgage companies have known about lead risks.

Recent studies about the metal exposure in many parts of the country have raised significant questions.

What is lead poisoning?

This form of toxic poisoning can happen when a perilous level of lead enters the body. Incidentally, small amounts of lead are not good for you, either, and can cause serious health concerns, particular in kids under six years of age.

Where does lead come from?

Lead problems typically originate from lead-based paint and lead-contaminated dust. Older houses and buildings are problematic in regard to this. Lead can also be found in polluted air and water and soil. Those working with batteries, apartment or office building renovation may also be at risk, as are auto repair people.

How does o

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The Affordable Alternative to Traditional Individual Health Insurance

As a way to begin let’s define what I mean by traditional health insurance. The traditional health insurance policy is composed of:

The deductible – This is the amount that you have to pay for a medical event before your health insurance will start to pay. In today’s world that deductible is often $3000 or more.

The coinsurance – After the deductible is met most policies require that the insured pay a percentage of all medical costs up to a maximum. Usually the insured pays anywhere from 20% to as much as 50% of every dollar billed.

The copays – In an attempt to make routine health care accessible many policies include a copay for doctor visits and prescriptions in lieu of having to meet a deductible. An example of this is the $10 office visit copay.

Maximum Out-Of-Pocket Costs – This is the most that an insured can expect to pay regardless of how large the medical bills are. As a general rule the maximum out-of-pocket

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Health Insurance: The Race Against the Clock

There is still time for Congress to pick up the pieces of changing the healthcare system to help stabilize it. The fate of the Affordable Care Act is yet to be determined. In the meantime, people wait while paying extremely high premiums and have mountains of out-of-pocket bills on the kitchen table. Where is the affordability of the Affordable Care Act?

Tick Tock for the insurance companies as well. They are under a timeline for filing dates this summer. Insurance companies have time to decide if they will still offer ACA plans or not. By withdrawing ACA plans, things will start moving back to before the law was signed. This time capsule can be good for many.

The insurance companies may begin screening for health conditions. Do not panic just yet! Years ago, the only problem with pre-existing conditions was not ‘if’ an insurance company would take you, but which one. Each insurance companies had personalities for health conditions. Just because a big name

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