Health insurance is essential to living a safe and healthy life, without health insurance you are walking a thin line in everything you do. What health insurance does is pay for any type of medical expenses that may occur as a result of sickness or injury. You can purchase health insurance from a company like Aetna health insurance which in a private company or through a government sponsored program. If you get sick or injured without health insurance you are more than likely going to have to pay hundreds or even thousands of dollars in medical expenses for any injuries or sickness that you get. For example even a short ride to the hospital in an ambulance can cost up to $600 without insurance, and that is just the ride! Don’t take chances with your health, it is too precious to risk. With companies such as Aetna health insurance there are many different types of health insurance that you can purchase to keep you and your family happy and healthy.
When you are purchasing health insurance you can’t only think of yourself you need to think of the other people in your family as well, if you are a single parent or if your spouse is not currently working it is important to get some type of family plan so your children can be covered as well. There is all different types of terminology when you are dealing with health insurance companies here are some of the words you may hear the most when you are looking to purchase a plan from a company such as Aetna Health Insurance. A premium is the amount that you will pay out of your pocket every month for the insurance coverage this number depends on the type of coverage, the company that is covering you, and the number of people who are being covered.
Another word that is commonly used is the word deductible; a deductible is the amount of money that the person who purchased the plan has to pay before the insurance company takes over and pays the rest, for some people this number may be up to even $1000 before the health plan begins to pay for care. This number is reached through doctors’ appointments and prescription refills. Co-payment is another word that is health insurance terminology, this means the amount of money that someone will have to pay out of their pocket when they go to a doctor’s appointment before they have the rest covered by the insurance company, for example with many health insurance companies such as Aetna health insurance there is a $20 or $45 dollar co-pay every time someone goes to the doctor, then after that the cost go to the health insurance company. Another word that is used a lot when talking about health insurance is exclusions, exclusions are services that may not be covered by the insurance company, these will be out of pocket expenses that you will have to pay completely on your own.