Washington Health Insurance

Until recently, most people got their health insurance from their employer. People with low income got their health insurance from the government. But now, more and more people are buying private health insurance plans tailor-made for individuals. For them it is crucial to seek an individual health insurance plan from an independent agency.

Independent agencies like Insurance Services Group believe in total transparency. Comparing options and making the right choice is an important process, and consulting a professional will yield the best results. Here are the basic structures of Washington health insurance:

• HMO plans: An HMO, Health Maintenance Organization, is a specific type of health care plan that sets out guidelines under which doctors can operate. On average, health care coverage through the use of an HMO costs less than comparable traditional health insurance.
• Major Medical: Provides benefits for most types of medical expenses that may be incurred. Offering more complete coverage with fewer gaps, major medical insurance covers a much broader range of medical expenses – including those incurred both in and out of the hospital – with generally higher individual benefits and policy maximum limits.
• Surgical policies: Most health insurance plans sold today are major medical plans but there are a few hospital and surgical health insurance plans on the market. Surgical health plans often aren’t as comprehensive as major medical plans, but are typically less expensive.
• Dread Disease Policies: Often called “cancer policies,” dread disease policies cover one or more dread disease: cancer, heart disease, or other major malady.
• Hospital indemnity: A hospital indemnity plan provides a daily benefit for each day you are hospitalized — and this is paid without regard to the hospital expenses incurred. This daily amount is paid to you and the benefit is triggered simply by confinement as an inpatient.

Washington health insurance and Seattle health insurance may seem expensive, but in fact are necessary aspects of modern living that shield people from financial ruin when tragedy strikes.