South Carolina Health Insurance Rates
Once you have completed your investigations into South Carolina health insurance rates, you should be able to understand a number of important arguments. These include what the Blue Cross Shield of South Carolina Humana is, be familiar with Aetna, Golden Rule and Humana. In addition, you will have visited the various South Carolina health insurance plans and be able to compare the costs with those in the neighboring states of Georgia and North Carolina.
Getting started with South Carolina health insurance
As you investigate the subject of health insurance in South Carolina, you will need to take a certain number of factors into account. First of all, you need to check if your employer offers you health benefits or not. If not, you need to work out if you are healthy enough to obtain health insurance in the personal insurance market? If the answer to this question is yes, you should make your first enquiry to Health Plan One, as they have access to plans that match your needs and also your budget.
Should you be a business owner with between 2 to 50 employees on your payroll, Health Plan One can be of assistance here as they have a number of plans ideally suited to provide cover for small groups. You may be unfortunate enough to suffer from pre-existing conditions, such as a disability, or you may have a low income, therefore, you may think that you will not be eligible for health care insurance. You will be pleasantly surprised to find that there are health care schemes available for you. Check out the options for Medicaid, Welvista, Healthy Connections Kids, also don’t forget the high risk pool.
Be informed and so be empowered!
Most consumers are familiar with the employers’ group coverage scheme that an employer offers their employees. The way this works is that the policy is partially paid for by your employer who makes the majority part of the payment and you as an employee will make the minority payment. Typically, this monthly minority payment will be between 16% and 27% to make up the difference.
Group plans are effectively imposed on employees by the employers and individual tailoring is not so easy to negotiate, as the company and the insurance company will need to discuss each variation requested. One of the most important things to keep in mind is that you cannot be denied claims on a group plan and you cannot have your claim rejected, regardless of what prescriptions you are taking or which pre-existing conditions you may have.
The reason one individual can slip under the radar net is that by insuring a large number of employees the percentage statistics indicate that one or two high risk cases will be offset by employees who will never need to make a claim. Individual employees will not be subject to medical underwriting or individual medical tests. Essentially a group scheme will benefit the least healthy members rather than those who are young, fit, and have no history of medical health problems. However, even those who could do better looking for a personal scheme, will find the ease of joining a group scheme a better alternative.
Do you qualify for a group employer’s health care scheme the moment you join a new company?
Should you take up a new job position, you need to take into account that your new employer probably will not immediately enter you into a group insurance coverage scheme, and therefore you will need to make your own arrangements. There is a good logic behind this decision for the employer not to provide you with instant cover. Setting up a new member in a group coverage scheme has a fixed cost, and, should you not qualify during your probationary period, this will be a wasted cost to the employer. Make your own arrangements first and consider taking out a short-term personal health insurance policy that will cover you from the moment you left your previous employment until the date when your employer will add you to their group coverage scheme.
What you should do if you are between jobs
It is important to make a note on your calendar that if 63 days pass since you were last employed and you have not been able to enter a new employer’s scheme, your cover will lapse. In that case you will need to pass a medical to check your current health condition and your new policy prices will reflect this. You should make sure you contact COBRA to extend your cover. COBRA will provide details of the cover that it can provide in your state.