Michigan Health Insurance Quotes
Getting health insurance quotes and ultimately making a decision about the type of health care plan to sign up for can be a nightmare and may require you to immediately use the medical insurance by the time you have made a decision, because of all the angst that you will have to go through! Choices and more choices, types of policies, types of providers, different premiums, different coverage – enough to give anyone a heart attack!
What can Michigan offer in terms of health care insurance options?
Michigan provides two options in terms of health care insurance. It is possible to have group insurance, which commonly arises when the employer pays for your insurance, and it is also possible for you to take individual health care insurance. Within these structures, there are two types of plans. The first are Fee-For-Service plans whereby the insurer will pay all or a portion of the medical bills that are claimed. Whether it is all or only a portion will depend on the specific type of policy that you have taken, and the amount you pay in premiums. If you opt for this type of plan, you will have the freedom to choose your health care provider.
By contrast, the second type of plan, known as the Managed-Care plan specifies the list of providers that you can gain access to, in the event that you need medical assistance. The policy here is created in such a way that the premiums you pay go toward paying medical bills from a specific list of health care providers, and if you opt not to use these providers, then you are on your own. This is not to say that the providers listed are sub-standard. In fact, many of the providers in these situations are reputable but because the rates and providers are locked in, the insurers are able to leverage and offer lower premiums.
What you should know about your health insurance plan
When getting health insurance quotes, it is important to keep in mind that the ultimate policy that you sign up for may not look anything like the quotes that you have received. This is because, by the time you have sieved through all the options and adjusted the variables according to your specific requirements, what you sign up for and what you originally started with may be totally different.
Therefore, it is imperative that you are clear about what you are getting before you sign on the dotted line. It is critical that you understand what your health care insurance covers, and what it doesn’t, and your policy should clearly provide you with a list of benefits that are part of your plan. While you are exploring the quotes, it is also useful to check on how easily and quickly claims are dealt with and what happens if, for any reason, the insurers reject medical claims that you may make.
Other questions that need to be asked before making a decision about which policy to choose are firstly, whether you will be required to make any out of pocket payments and secondly, whether you will be required to take a medical exam in order to be eligible for a health insurance policy in Michigan. It is also useful to note that certain insurers work on locking in your policy for a specified duration.
If you have a medical history that requires declarations to be made, and doctors reports to be submitted, you must be aware that obtaining medical health insurance can be a problem. The general rule here is that if you have a pre-existing condition that was treated six months before the policy was issued, it will not be covered for treatment for six months after the policy is issued. Now this is not the case for all policies, therefore it is imperative that you check first, particularly if you have a pre-existing medical condition. Also remember that unless there is a specific request for this, most medical health insurance quotes do not include quotes for dental care.
At the end of the day, we all need medical insurance and what is important is that we must be aware of the specific terms of our specific policies, in order to ensure that if the time comes when we are in need, we are indeed covered for what we require.