Choosing the Right Kentucky Health Insurance Plan

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					Choosing the Right Kentucky Health Insurance Plan
                                                               Choosing the right
                                                               Kentucky health
                                                               insurance plans means
                                                               finding the right balance
                                                               between the services you
                                                               are looking for and your
                                                               budget. To make the right
                                                               decision, need to be
                                                               aware about all the
                                                               changes that are taking
                                                               place on the healthcare

Kentucky Health Insurance Plan – Study Options

Kentucky health plans include indemnity health plans or managed-care health plans.
With an indemnity plan, you get the advantage of a wide choice of healthcare service
providers. Managed care plans work largely through a network of providers your health
insurance company has tied up with. They include Health Maintenance Organization
(HMO, Preferred Provider Organization (PPO), and Point of Service (POS) plans.

   •   With a HMO plan, you see an in-network primary care physician. You would
       need to get a reference from this physician to see a specialist. HMOs mean a fixed
       monthly payment and sometimes co payments for services utilized, though the
       insurance company will not cover out-of-network services.

   •   Membership a PPO plan means you get a wide choice of doctors and hospitals.
       You pay a coinsurance or proportion of the bill for the coverage you get and the
       plan pays the rest. A referral is not needed if you want to see an out-of-network
       physician, though the plan pays less when you do so.

   •   POS plans combine features of both HMO and PPO plans. A primary healthcare
       doctor takes care of your health. If you are referred out-of-network, your plan
       covers most of your expenses. You can also see out-of-network providers without
       a referral, but at a greater cost.

Kentucky Health Plans – The HSA Advantage

Health Savings Accounts or HSAs lower your health insurance rates, reduce the taxes
you pay and help build savings for retirement. To qualify for a HSA, you need to have a
high-deductible health insurance plan. When your Kentucky health insurance plan
comes into effect, your HSA also becomes operational. The funds in the HSA earn tax-
free interest and roll over to the next year.
An established health insurance agent is your best option when it comes to choosing the
right Kentucky individual health insurance plan. Look for a website that offers free
health insurance quotes and expert guidance to help make the right decision.
About the Author:

Tracy Mc Manamon and his associates at One Source Benefits have over 22 years of
experience in the KY health insurance industry. They offer free quotes on affordable
Kentucky health insurance plans. For more information, please visit:


Tracy Mc Manamon
One Source Benefits
616 Belleview Blvd
OH 43952

Phone: 877-549-1212

Description: Read this PDF to Know How to Choose the Right Kentucky Health Insurance Plan.