Understanding the Importance of Having an Illinois Health Insurance Plan

Your health is what keeps you alive and enjoying your time with loved ones.  Without protecting it somehow, you put yourself at great risk.  If you ever get hurt or sick, who is going to help you pay for those medical expenses that will keep showing up in your mailbox?  It’s not only important to have an Illinois health insurance plan, it’s actually the law.

Health Insurance is the Law?

That’s right.  Did you know that President Obama recently signed into law an act which requires citizens to have some sort of health insurance or else they will be fined when they file their annual taxes?  This means that if you live anywhere in the United Stated and you don’t have insurance on your health, you could go without a tax return.  While you can’t be imprisoned for the offense, it can make tax time a lot less exciting for you and your family.

Health Insurance Covers Your Back

You may lead a relatively normal and low-key life, but that doesn’t mean that you’ll never get sick or become the victim of an accident.  Taking the time to find and sign up for an Illinois health insurance plan is the best kind of preventative maintenance there is against the unpredictable. The last thing anyone needs is a mountain of debt piling up because of an act of God.  Insurance protects you from that and ensures the quality of your life.

Health Insurance Provides You with Valuable Services

Even if you never get sick or injured, being a member of an Illinois health insurance plan is still highly beneficial.  Some policies offer free transportation to doctor’s appointments and pharmacies.  Others provide steep discounts on prescription medications and doctor’s visits.  At the same time, it is possible to become eligible for an insurance policy that costs nothing at all, such as state-funded programs and employee paid plans.  Realistically, there is no good reason why you should remain uninsured if you don’t have to.  

Remember that health insurance is wise and important for a number of reasons, including your legal obligation as a United States resident.  Without proper health insurance coverage you could be setting yourself up for disaster, especially when it happens at a moment’s notice.  Being healthy and fit is one thing, but going without health insurance is a whole other ball game.

4 Questions You Need To Ask About Michigan Health Insurance

Choosing the right Michigan health insurance plan to ensure that you get the best protection possible, is often a difficult task. There will be a wealth of paperwork to get through and often you will be asked questions that you don’t know the answers to. However there are some questions that you should be asking in order to get the best plan for you.

  1. What type of plan is it?

You need to find out whether the plan is an indemnity health plan or a managed care system as the financial difference is huge. With an indemnity plan you are actually responsible for a percentage of the medical care costs, and the rest of the tab will be picked up by your own insurer. However, this plan does allow you control over what hospital you visit and the doctor that you use. A managed care plan presents the least amount of financial burden to you as you will pay a fixed monthly fee for health care services. However, under this type of plan you will only be able to visit a doctor who is under contract with the HMO.

  1. What benefits are included?

You need to find out whether your healthcare plan includes any other benefits such as dental care or eye care, as well as finding out whether the cost of prescriptions will be covered by your insurance. If these benefits are not included then you will have to make arrangements to pay for these services out of your own pocket.

  1. What restrictions are on pre-existing conditions?

If you or a member of your family covered under the health care plan suffers from a chronic condition, then the medical costs related to this condition may not be covered. In many cases, the insurer will cover the cost for a number of months up to a financial limits and then the condition will be excluded. It is worth finding out this information as soon as possible.

  1. What if I’m away from home?

You will need to find out what the insurer’s policy is on receiving health care away from home. Some insurers will cover a certain amount of the medical costs and others will not cover anything. There may also be different policies depending on the distance. For instance, if you are out of the country the policy may be different to when you are away from home but still in the US.