Eligible for Medicare? Everything you need to know… Medicare Resources
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While traveling, your regular health plan only covers a fraction of costs. Don’t go without coverage. Medical travel insurance is typically very affordable and provides valuable medical coverage when traveling abroad, much like a regular health insurance policy. Most often these types of policies will cover care and services that are not typically covered by your regular health policy or Medicare.
Temporary or Short Term Medical Plans are health plans designed for times of transition and help to bridge gaps in coverage for individuals and families.
If you have missed open enrollment, or maybe you need a more affordable alternative to Obamacare, you can purchase Short Term Health Insurance to help you avoid financial disaster in the case of an unexpected illness or accident. Since there is no longer a tax penalty or individual mandate, you do not have to worry about non-compliance of the essential health benefits.
In the past, short term plans have been available for up to three months, but new federal guidelines allow for plans up to one year, and are renewable for up to three years. The great thing about short term plans are they are generally less expensive than traditional health insurance, however, they do not provide full coverage or all the benefits contained in a comprehensive ACA plan and they typically do not cover pre-existing conditions.
Health Maintenance Organization Or HMO
An HMO offers lower premiums and a significant savings on routine and preventative healthcare. However, this type of health plan requires you to appoint a primary care physician and to use doctors and facilities that are affiliated with the HMO. Thus, if you use healthcare service providers outside of the HMO, there is a good chance those charges won’t be covered by your policy. But, the great thing about an HMO is that the only charges you incur, outside of your premiums, are co-pays for doctor’s visits and other services such as procedures and prescriptions.
Preferred Provider Organization Or PPO
A PPO will save you money on services if you use the preferred providers within the network. Keep in mind that deductibles must be met on this plan before some services will be covered. The good thing about a PPO is they generally will allow a certain amount of services annually outside of the deductible with a small co-pay, and most often the PPO has a large network with quality care providers and excellent prescription drug coverage.
Health Savings Account (HSA)
An HSA is a tax-advantaged bank account tied to certain high-deductible health plans. It allows you to use tax free dollars to pay for allowable health expenses, such as copays, prescription drug costs and more.
Wellness & Preventative Benefits
Most insurers include wellness benefits in their comprehensive coverage, designed to improve lives and keep members healthy. Your plan from the Marketplace will generally include services like preventative screenings, free or discounted gym memberships, diet advice, disease management, telehealth, and much more.
When traveling abroad, traditional health insurance or Medicare only covers a fraction of costs if you become ill or need emergency care. Get extra coverage. Many options available.
Have questions? Call us 866-820-1739
Shop our top carriers for major medical health plans for you and your family. You may also qualify for subsidy to help reduce your monthly premiums. Marketplace plans are a good option if you qualify for a subsidy, or have a growing family or a preexisting condition and plan to use a lot of health services.
Medicare Advantage replaces your original Medicare Parts A and B, as they are rolled into one plan. Some plans include prescription drug coverage, or dental and vision coverage, and more in some instances.
A good NON-ACA option for times of transition or limited medical needs, i.e., you are healthy and do not expect to use a lot of health services. Less expensive than full coverage but does not provide coverage for preexisting conditions.
When traveling abroad, traditional health insurance or Medicare only covers a fraction of costs if you become ill or need emergency care. Get extra coverage. Many options available.
Dental & Vision Plans, Hospital/Doctor Indemnity Plans, Accident, Critical Illness, Telehealth, RX Discount Plans – pays benefits in addition to your regular health insurance
Have questions? Call us 866-820-1739
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