Health Insurance in Jonesboro, GA
Doctors, hospitals and medical procedures all play crucial roles in protecting, recovering and maintaining your health and well-being. However, these services can often incur significant bills. Fortunately, the right health insurance plan can help limit your out-of-pocket expenses when receiving various medical products or services. This inherent importance requires a comprehensive and up-to-date understanding of how your coverage works.
How Health Insurance Works
Like many types of insurance, purchasing health coverage establishes a contractual agreement between you and your carrier. By having coverage, you may enjoy reduced out-of-pocket costs for many types of medical expenses. While health insurance plans may come in many forms, policies generally consist of the following key aspects:
- Premiums are the amount you pay regularly (e.g., monthly) to maintain your coverage.
- Deductibles are the minimum you’ll need to pay out of pocket in a single plan year before receiving aid from your plan.
- Copays and coinsurance are flat amounts and percentages, respectively, for which you’re financially responsible when seeking specific services, products or procedures.
- Out-of-pocket maximums are the most you can be required to pay for covered services in a single plan year.
- Networks are the providers, facilities and services covered under your plan. Seeking care outside of your network is generally more costly.
Why Is Health Insurance Important?
Health insurance can be critical in ensuring you and your family can access essential medical services. Without appropriate coverage, you could face catastrophic bills or even lack the ability to receive the care you need in the first place. Exact coverage details can vary significantly, but many policies can offer aid for the following:
- Preventive services
- Emergency services
- Ambulatory care
- Mental health and substance abuse disorder services
- Prescription drugs
- Preventive and wellness services and chronic disease management
- Pregnancy, maternity and newborn care
- Laboratory services
- Rehabilitative services and devices
We’re Here to Help
Contact Fase Insurance Group today to learn more about health plans or to explore coverage options suitable for you and your family.