By: Mevish Jaffer
As clich as the saying may go, the truth of the matter is that health is really wealth. Think about it, you can have all the money in the world but what good does it do if you or someone in your family is in poor health? Because life is so unpredictable, you never can tell when a health related issue will come up but you can at least be somewhat prepared. One of the best ways to do so is to have adequate health insurance benefits.
Health Insurance Benefits Coverage
The types of benefits you receive vary greatly depending on which health insurance provider you go with. Today’s health insurance policies generally cover the following:
- Annual check-ups
- Annual eye examinations
- Routine medical examinations
- Pre-natal care (baby visits)
Coverage is also provided for emergency/hospital care with the inclusion of blood tests, x-rays, and other necessary laboratory tests. Depending on your provider, you may also receive dental and vision care coverage.
Individual vs. Group Health Insurance
Individual health insurance is significantly different from group health insurance. Group health insurance is most popular among large corporations. If you have been or currently are employed by a larger company, then you know all about it!
You don’t have to go through the task of picking and choosing a health insurance provider as your employer handles it for you. Group health insurance is also more expensive than individual health insurance. The reason for this is that with individual health insurance, the insurance company decides who they will offer coverage to and they tend to choose you if you are on the healthy side as that way, your coverage benefits aren’t so much of a high risk to them. Consequently, costs are significantly lower than with group health insurance in which you can still receive coverage whether you are healthy or unhealthy.
Additionally, the process of attaining group health insurance quotes is somewhat of a time-consuming task as you have to fill out a census form and provide all of your employment information. On the other hand, individual insurance rates are often easier to obtain, especially with the assistance of the Internet. Most of the time you can get individual health insurance quotes online by simply filling out some general health insurance information.
Ways to Make Use of Your Health Insurance Benefits
You truly don’t appreciate what you have until it’s gone and this can definitely be applied to your health insurance policy. If you’re receiving health insurance benefits through your place of work, you should be taking advantage of them as much as possible. Don’t get so caught up in your own little world that you don’t take the time to address your health-related issues. The fact is that you can only put off your annual check-up for so long before you realize that you may no longer have coverage due to extenuating circumstances such as cut-backs at work. So the smart thing to do is to keep up with you annual physicals, eye examinations and all of your preventative dental care work, etc. as needed. Why not take full advantage, especially if everything is covered under your health insurance plan?