Get rates by inputting your zip code in the banner above. Today most major carriers offer high deductible plans. Some are now offering preventative care and waiving the deductible. Providers refer to them as "major medical", "high deductible" unlike hospital only plans, catastrophic can cover your doctor's visits and follow-up care, not just hospital expenses.
Catastrophic health insurance policy that has a $2,000 deductible, but covers you in the doctor's office and the hospital is a better deal than a hospitalization only policy that has a $1,000 deductible even if they cost the premiums are the same.
Hospitalization only insurance is like an bullet-proof vest that has one of those ceramic plates covering the heart. Most people want a higher deductible medical insurance policy that is "bullet-proof" in most areas.
You'll want
a (High-deductible plans) may encourage you to do more research and make more cost-effective decisions about your health care.
A popular strategy is to buy an HSA and combine with a high deductible plan.
Obamacare and Catastrophic Health Insurance Plans
Since high deductible plans have lower “loss ratios” than the new healthcare law allows, it's uncertain what max deductible limits in the future they allow. What's certain is that the President's promise the keep your health plan may not hold true if you had a high deductible plan.
And you have to switch your Dr. due to the old plan being outlawed, the promise you can keep your Dr. will also be broken.
Catastrophic Health Insurance Plans:
Limit your medical expenses in case of emergency
May offer affordable monthly premiums
Always have an annual deductible
Have higher out-of-pocket costs for services
Have many exclusions, even for some preventive care
Craig Casey is an Writer, Coach, Blogger, Husband, and Former Health Insurance Agent helping people on the web since 1999 with their health insurance problems.
