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How to Choose the Right Kentucky Health Insurance Plan?

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					How to Choose the Right Kentucky Health Insurance Plan
                                                            Health insurance providers in Kentucky offer a wide
                                                            range of plans for individuals and businesses. Most
                                                            people are covered by an employer-sponsored plan. If
                                                            you are not, you would have to buy a policy directly
                                                            from an insurer. This means looking at various
                                                            options and choosing the right Kentucky health
                                                            insurance plan.

                                                            Compare Kentucky Health Plans

                                                           Health insurance plans comprise managed health care
                                                           plans and indemnity plans. Managed care comprises
                                                           HMO, PPO and POS plans. Managed care means
fewer out-of-pocket costs, a small co-pay per visit, and no deductibles or insurance claims to file.

With HMOs, members must choose a primary care physician. This physician handles all your healthcare and
treatment and refers you to a specialist if necessary. Each plan allows a certain number of wellness visits and
checkups. A HMO is the least expensive of healthcare plans.

PPOs are flexible in that they let you see anyone you want, even out-of-network doctors and specialists. The
doctor or healthcare provider is under contract with the insurance company to provide services at a discounted
rate. However, if you go in for outside network care, you would be reimbursed for only up to a certain
percentage of your expenses.

POS plans combine features of both HMOs and PPOs. Premiums are higher than HMOs, but POS plans offer
greater freedom of choice with doctors and hospitals. In-network care involves a small copay and no deductible.
If you go outside the network, you have to pay as in a fee-for-service or indemnity plan.

Making the choice between plans depends on what your priorities are. Choose a HMO if you are looking at low
premiums and preventive care. But this plan would not be right for you or a family member have a pre-existing
health condition that needs the attention of a specialist. If the coverage is for you and your spouse, see if having
two individual plans is less expensive than having family coverage. A PPO is ideal if you can stay within the
network and see the doctor you want.

One of the most important things to remember when buying medical insurance is that cost should not be the
only concern. It is important to consider the needs of your family, range of benefits offered and the quality of
the plan.

Points to Consider when Buying Health Insurance in Kentucky

When you compare plans, consider the following:

       •   The copay or discount for doctor visits
       •   Number of doctor visits
       •   Coverage for children
       •   Coverage for prescription
       •   Inpatient care and what the policy covers
       •   Emergency care
       •   Lab tests covered
       •   Annual deductible
       •   Total amount of co-insurance and deductible
   •   Premium
   •   Lifetime max coverage
   •   Whether the plan is HSA-qualified. A High Deductible Health Insurance Plan combined with a
       Health Savings Account (HSA) and can save you tax dollars

Other relevant considerations:

   •   If you are considering a new plan, review your past medical claims to understand how much of your
       expenses were not reimbursed
   •   See if your doctor or specialist is enrolled in the plan
   •   Choose the right doctor by checking out educational qualifications, credentials and experience. Ask
       friends to recommend a doctor, do online research to find good doctors and hospitals and choose a
       plan that has them as members
   •   Read the fine print before you sign

Benefits of Expert Guidance

The first step in choosing the right Kentucky health insurance plan is to get quotes from leading providers.
Browse the web to find a reliable insurance agent who can help you. An experienced agent would answer all
your queries and offer expert guidance to help you find affordable health insurance to suit your needs.

One Source Benefits
616 Belleview Blvd
Steubenville
OH 43952
877- 549- 1212

http://www.kyfreehealthquotes.com/

				
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posted:4/25/2011
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Description: Health insurance plans comprise managed health care plans and indemnity plans.This means looking at various options and choosing the right Kentucky health insurance plan.