Californians have a wide range of health insurance plans that they can choose, the insurance options include; individual and family medical plans, Medicare plans, dental insurance, accident insurance and short term medical insurance. However, according to ehealthinsurance.com, out of California’s 36.4 million residents, about 18.4% are uninsured. The number of California residents enrolled in HMO’s is 15.6 million. The health insurance plans offered in California are mostly private plans and exchange plans. Private plans are general targeted at single individuals who make $50,000 and families that make over $100,000 a year. The exchange health insurance plans, on the other hand, are targeted at individual who earn less than $50,000 and families which make less than $100,000.
California Health Insurance Quotes can be sought online, on various health insurance company websites. The most commonly requested details, if you want to get a quotation include; zip code, gender, date of birth, type of coverage and information about smoking. To subsidize the cost of health insurance, California residents can make inquisitions to see if they qualify for tax credits under the Affordable Care Act or Obamacare. Eligible Californian children can also seek coverage under low cost health care programs such as Medicaid and CHIP program. Under these two programs, children can get routine check-ups, dental care and immunization. The other benefits include doctor visitations, routine hospital care visits during sickness and prescription medication.
Health Insurance Marketplace
The California Health insurance marketplace is also known as Covered California. This online health insurance exchange program offers a pool in which insurance seekers can shop and choose a health insurance plan that is suitable for them. All information about Covered California is found in the website, Coveredca.com. The insurance companies selling their policies on Covered include; Health Net, Anthem Blue Cross of California, Kaiser Permanente, Chinese Community Health Plan and Sharp Health Plan. The other top insurers in the plan are Western Health Advantage, Molina Healthcare, Valley Health Plan and L.A Care Health Plan. Health insurance seekers can also visit these companies websites to find out more about their California Health Insurance Rates and coverage details.
Cost of Health Insurance
Although California Insurance quotes varies from one plan to the other; in most cases, the higher the premium, the more coverage you receive. However, before the insurance coverage kicks in, insured persons are required to pay the deductible amount. The other payments that may be accessed include coinsurance and copayment, although this is dependent on the selected plan. Co-insurance is a fixed percentage of health insurance service cost. For example, if your co-insurance is 25% for a medical service that costs $500, you will be called upon to pay $125, before the insurance cover steps in to cover the remaining cost. Copayment, on the other hand, is a fixed amount that is paid for services rendered. For example, the insurance plan can mandate that you pay $40 for every visit to the specialist or $15 every time you visit your primary care doctor.
Health Insurance Paperwork
Health insurance comes with an enormous amount of paperwork; the main documents include a summary of health insurance benefits and coverage, an annual health insurance sign up plan, explanation of benefits form and medical bills. If you have enlisted with the Affordable Care Act, the act recommends that employer health plans and private insurers issue a list of the benefits and insurance cover details to the insured person. The bill, on the other hand, contains information such as name and address of the healthcare provider, insured person’s name and account, date of bill, treatment and description of medical services rendered and charges.