Short term or temporary major medical insurance is an ideal, affordable type of medical insurance for those who are unemployed, in between jobs, recent college graduates, in need of medical coverage. Temporary major medical insurance plans are available with a variety of options. Individuals opting for this plan are mostly allowed to select doctors and hospitals of their own choice.
Temporary major medical insurance coverage for individuals and families is available from 6 months to 65 years of age. It includes benefits such as inpatient and outpatient coverage, doctor office visits, surgical fees and laboratory fees. Provision is there to select the policy for a specified term, temporary or renewable. One can also choose the period of coverage from 1month to 6 months. Simple applications, credit card acceptations, guaranteed rates, prompt claims payment, superior toll-free customer service etc are some of the additional benefits.
Short-term major medical insurance provides reliable and inexpensive coverage for most injuries and illnesses. The importance of short-term insurance comes in situations such as a change in one’s job or schooling status. One can opt for the short-term health insurance if one is healthy and unemployed, employed part-time, going to school, graduating from college, leaving for home first-time, or even retiring early.
Travel health insurance is another type of temporary major medical insurance that is suitable for those who are thinking about leaving the home country for business purposes or pleasure. This international health plan is available for students as well. The travel health insurance plan offers over 12 international travel and medical plans.
Temporary major medical insurance plans can be renewed in most of the states. These plans are more cost effective when insurance is needed for short periods of 6 months or less. The drawback of this scheme is that if the insured is hospitalized during the coverage period, renewal may not be possible and it might even render him / her ineligible for permanent insurance.
By Kevin Stith
Temporary Medical Insurance: Healthcare Coverage During Transition!
Temporary medical insurance plans can provide people with health care coverage during a transitional time of their life when they would otherwise have no medical coverage. Temporary medical insurance is most beneficial to a person who may be between jobs, laid off, or on strike, a recent graduate, or anyone waiting for permanent medical coverage to begin.
Applying for temporary medical insurance is generally a short, simple process. Many companies offer online applications that can be approved in as little as 24 hours. Just fill out the application, submit it, and you should receive a reply by the next day. Once approved, coverage can usually begin the very next day. Temporary medical insurance is offered on a per month basis. Most commonly, coverage lasts six to twelve months but can occasionally be extended to as long as 36 months.
Temporary medical insurance is intended to be used on a short term basis until standard, long term coverage can be started. Most of the time, the coverage does not include routine preventive care like physicals or immunizations. The purpose of the coverage is to provide protection in the case of an accident or unforeseen illness.
Those with pre-existing conditions are generally ineligible for temporary medical insurance, though other options with higher premiums are available for those conditions. Some companies choose to exclude athletes or other people who are at a higher risk of becoming injured. Pregnant women are also ineligible to receive treatment under a temporary medical insurance plan and no maternity coverage is offered for those who may become pregnant after the policy begins.
When deciding on a temporary medical insurance provider, read the terms and conditions of the policy carefully. Review the exclusions and benefits of each company and decide which plan would be the best value to meet your individual needs. An option to extend coverage to include prescriptions will usually benefit the insured as well.
By: Gabriel Adams
Health insurance plans have been forced to take action to contain costs of quality health care delivery as health care costs have skyrocketed. Health insurance premiums, deductibles and co-pays have steadily increased, and health insurance companies have implemented certain strategies for reducing health care costs. "Managed care" describes a group of stratgies aimed at reducing the costs of health care for health insurance companies.
There are two basic types of managed care plans; health maintenance organizations, or HMOs, and preferred provider organizations, or PPOs. So which health plan is best? How do you choose what type of health insurance best suits the health care needs of you and your family?
Both HMOs and PPOs contain costs by contracting with health providers for reduced rate on health care services for its' members, often as much as 60%. One important difference between HMOs and PPOs is that PPOs often will cover the costs of care when the provider is out of their network, but usually at a reduced rate. On the other hand, most HMOs offer no coverage for health care services for out-of-network providers.
Both HMO and PPOs also control health care costs by use of a gateway, or primary care provider (PCP). Health insurance plan members are assigned (or select) a primary care practitioner (physician, physician assistant, or nurse practitioner). usually a family practitioner or internal medicine doctor for adult members or a pediatrician or family care practitioner for childern. The primary care provider is responsible for coordianting health delivery for plan members. Care by specialist physicians require referral from the primary care provider. This cost containment strategy is intended to avoid duplication of services (for example, the cardiologist ordering tests that have already been done by the PCP, or a sprained ankle being referred to an orthopedic) and avoid unnecessary specialist referrals, tests and/or procedures.
HMO and PPO plans also contain costs by requiring prior approval, prior authorization, or pre-certification for many elective hospital admissions, surgeries, costly tests and imaging procedures, durable medical equipment and prescription drugs. When such services are required, the provider must submit a request to the health insurance plan review department, along with medical records that justify the service. The request is reviewed by the health insurance company to determine whether the services are justified as "medically necessary" according to the health plan policy and guidelines. Review is usually performed by licensed nurses, and, if the reviewer agrees that the service is necessary, approval is given and the service will be covered by the health insurance plan.
As health care costs continue to rise, many indemnity health insurance plans, or "fee for service" plans are being forced to adopt some managed care strategies in order to provide quality health care and keep health insurance premiums affordable. And as long as health care costs continue to rise, the distinctions among PPO, HMO, FFS and other health insurance plans will become blurred. Rest assured, however, that managed health care is here to stay.
by: Kay Lowe
Whether taking a short-period trip overseas or planning to relocate to a foreign country, temporary international health insurance plans provide medical insurance that will meet individual health requirements. In other words, the plans are appropriate for sudden and unexpected injury or illness while traveling away from the home country on a temporary basis. As the name implies, temporary international health insurance is a type of insurance facility applicable for a limited period of time. This type of insurance cannot be considered as an alternate for annual-renewable (or “permanent”) major medical health insurance.
Temporary international health insurance plans vary from one organization to another. The plans differ in minimum benefit periods and legal registrations. Their services cover business executive travel (single and multi-trip), travel groups, students, diplomats, missionaries, expatriates, and entertainers. Temporary international health insurance plans can be purchased with coverage for the insured's spouse and dependent children, as well.
Temporary health insurance plans commonly cover expenses related to hospital, intensive care, surgery, outpatient treatment, emergency medical evacuation, accidental death or dismemberment, return of minor children, and repatriation of mortal remains. In addition to international emergency care, the service can sometimes provide trip cancellation and lost luggage insurance coverage – it is best to discuss your needs with a licensed insurance agency.
The Liaison International and the Atlas Series are two popular temporary international health insurance plans available in the United States. The Liaison International (available monthly) is a plan for both US citizens and non-US citizens. It includes two separate rate tables - international travel out the USA (for US citizens and US residents traveling abroad), and international travel that includes the USA (for foreign nationals visiting the USA). The Atlas Series are two plans for temporary travel outside of the home country. One plan is for non-US citizens traveling anyplace outside of their home country, and second plan is “Atlas International”, which is for US citizens traveling outside the USA.
By Jimmy Sturo
A Medical Insurance policy is a contract between an insurance company and an individual or a group which promises to pay for medical care reasonably required by the insured policy holder for treatment in case of any injury or illness. Even now a day’s medical insurance policy is provided for disease like obesity.
If an individual has taken up a medical policy then he pays the premium according to a specific time frame as decided between the two groups. Usually, the policy takes care for the health & medical acre of an individual but if the premiums value is higher the insurance covers the family members also. In the case when the policy is taken by a group or an association, then all the individuals under the association receive the certificate of insurance. Some key points like payment of premiums, deductibles and co-pays are decided at the beginning and both the parties have to abide by these rules.
Searching a Medical Insurance Plan?
The terms in the policy may be hard to understand at times and the person may stand confused. So here is list of some terms commonly used up in an insurance plan:
Deductible-The deductible refers to the yearly amount of money that the insured would need to pay before any benefits from the health insurance policy can be used.
1. Co-insurance / Co-payments- This is the amount that would need to be paid by the insured before the insurance pays and in addition to the deductible.
2. Out-of- pocket- An out of pocket expense can refer to how much the co-payment, coinsurance, or deductible is.
3. Waiting Period- This is the time one would have to wait until certain health insurance overages are available.
4. Grace Period- This is the amount of time one has to pay their health insurance premium after the original due date and before insurance coverage would be canceled.
5. Lifetime Maximum-This is the most amount of money the health insurance policy will pay for the entire life. Pay attention to individual lifetime maximums and family lifetime maximums as they can be different.
6. Out-of-Pocket - This is the cost one would pay out of their own pocket. An out of pocket expense can refer to how much the co-payment, coinsurance, or deductible is.
Is Medical Insurance Necessary?
Man saves money for a better & safe future. But life is a string of surprises. A serious medical situation can strain one’s pocket, thereby emptying all the lifetime savings. The best option to save oneself from this situation is to secure your future with the help of a medical insurance policy
by: Jody Taylor
Temporary insurance is a great option for those who find themselves without insurance. Generally, this type of insurance is valid for thirty days to one full year, depending on what you are looking for. Temporary insurance is for those who have recently changed jobs but won’t be eligible for insurance from their employer for a length of time. Often, the COBRA coverage offered by their previous employer is too expensive to maintain. Sometimes temporary insurance is purchased by individuals who quit work to return to school, knowing they will soon return to the job market. New parents who want to stay home with their infant or individuals who have been laid off all find temporary insurance a welcome relief.
Temporary insurance is sold through an insurance broker. The cost of it will depend on many factors. The region you live in affects rates as does your age, the length of time you want to purchase the insurance. The insurance is more expensive if you are purchasing it for your entire family than if you are looking at purchasing it for yourself only. Some states require a medical exam as well as base your rate on that examine. If you use tobacco products, your premium will increase.
Your deductible also affects your premium. Generally, the higher deductible you choose the lower your premium will be. However, it is important to only choose a premium that you can reasonably cover or the insurance won’t really do you much good. A deductible is the dollar amount you must pay before the insurance pays anything. Most temporary insurances cover check up, doctor visits, emergency room visits, and surgery. A co-pay may also apply, meaning you pay a set fee for each doctor visit. Some temporary insurance plans will include prescriptions.
Since having health insurance coverage is so important, the opportunity to purchase temporary insurance is a great offer. Just one major medical expense without coverage can be damaging to your finances for years to come. It is wise to prepare yourself in advance by purchasing temporary insurance. Most companies make the cost easier on your pocket book by allowing you to make monthly payments.
By: Gabriel Adams
It goes without saying that an aspiring doctor will first have to go to medical school. This refers to any kind of educational facility that offers recognized training courses in medical science. The object in attending them is to obtain the qualification and certification necessary to practice a medical profession.
In America, an aspiring doctor must undergo a four-year training and qualifying period at a recognized medical school. For medical students, medical school follows the obtaining of a Bachelor of Science or Bachelor of Arts degree.
Medical schools are meant to be finishing schools that fine-tune prior medical knowledge and train the student in the medical profession. Those who do not intend to go further than general practice and are content with being primary care physicians will still have to spend at least two to three years in medical school. The period can extend to eight years for those who wish to specialize in a more lucrative branch of the medical profession.
It is not easy to obtain admission to a reputable medical school, and the specifically designed Medical School Admissions Test (MCAT) acts as the primary weeding-out instrument. It is necessary to target and prepare for medical school from the earliest years of college, since admission criteria call for a variety of training modules.
Once admission has been obtained, two years of academic instruction are followed by the United States Medical Licensing Examination (USMLE) Step 1. This examination establishes whether the student has assimilated academic instructions appropriately. If passed, the student is assigned to an actual medical establishment for a two-year period of observation. Clinical competence is verified by the USMLE Step 2 examination.
By Seth Miller
Medical billing doctors play a significant role in medical billing business. Many medical professionals run medical insurance billing services as a side business.
Medical billing doctor's is a profession that combines the job of a doctor and a medical insurance billing professional. Even though, healthcare industry is well established in America, most healthcare providers, especially doctors, have no idea about how to make quick money. Furthermore, health maintenance organization (HMO) and many other insurance companies have reduced remuneration rates to healthcare professionals, and as a result, many doctors have to search for new revenue sources such as medical billing and seeing patients in large volume. They consider medical billing as a convenient means to get paid more. Medical billing doctors offer you services such as claims management, patient billing, receivables management, electronic processing, payroll management services, and receivables management.
As medical insurance billing professionals, doctors also carry some responsibilities. They have to check and send the patient's claim form out to the medical insurance company, and make sure that all the information is correct.
Medical billing doctors need to be well informed on various medical insurance plans, which help them treat their patients according to the best insurance plan. As a medical billing agent, a doctor has to play a more active role in office administration. Doctor's electronic billing services and many online medical billing services assist them in easy processing of patient claims. Lots of medical billing software packages assists doctors in creating patient statements, reprint overdue claims and statistical practice management reports, and electronic billing claims within seconds.
By Damian Sofsian
It has become extremely essential to have a health insurance policy to sustain the rising costs of medical treatments. Sometimes, it becomes necessary for individuals to arrange a large amount of cash urgently in case of emergency operations. Health insurance policies offer financial relief to the individuals in the event of any physical disorder or ailment. The financial aid will depend on the type of coverage offered, as the insurance policies range from minimal coverage policies to all-inclusive policies. Declining health standards and the need for a quality health insurance has led to a large number of insurance companies offering health insurance policies at competitive rates in California. There are several types of health insurance plans designed to suit individual needs. The main types of insurance include, fee for service insurance, managed care plans, and indemnity plan. A temporary health insurance is a short term insurance plan that is required for specific purposes.
Generally, the employers in a company provide the employees with a health insurance plan. However, temporary health insurance is required when an individual has to change a job, as the earlier policy may be discontinued after a few months. Many business owners who are planning to expand their business later opt for temporary health insurance. After expanding the business, they usually take up a group insurance policy. The temporary insurance offers temporary protection to individuals during these periods. A temporary health insurance can also include the families of individuals participating in the plan. Generally, temporary insurance policies are offered for one to six months. Though, these policies are usually not renewed, individuals are allowed to opt for a similar policy again after the expiry of the previous policy.
Most insurance providers require only 24 hours to activate a temporary health insurance policy after receiving the application. An individual can also postpone the date of activation of the policy up to 30 days from the date of application. Some insurance providers charge a processing fee for this form of insurance. It is easier to get a temporary health insurance policy.
The temporary health insurance does not cover pre-existing medical conditions, dental and vision care, medical check-ups, preventive care, and immunizations.
By Steve Valentino
Temporary medical insurance plans can provide people with health care coverage during a transitional time of their life when they would otherwise have no medical coverage. Temporary medical insurance is most beneficial to a person who may be between jobs, laid off, or on strike, a recent graduate, or anyone waiting for permanent medical coverage to begin.
Applying for temporary medical insurance is generally a short, simple process. Many companies offer online applications that can be approved in as little as 24 hours. Once approved, coverage can usually begin the very next day. Temporary medical insurance is offered on a per month basis. Most commonly, coverage lasts six to twelve months but can occasionally be extended to as long as 36 months.
Temporary medical insurance is intended to be used on a short term basis until standard, long term coverage can be started. Most of the time, the coverage does not include routine preventive care like physicals or immunizations. The purpose of the coverage is to provide protection in the case of an accident or unforeseen illness.
Those with pre-existing conditions are generally ineligible for temporary medical insurance, though other options with higher premiums are available for those conditions. Some companies choose to exclude athletes or other people who are at a higher risk of becoming injured. Pregnant women are also ineligible to receive treatment under a temporary medical insurance plan and no maternity coverage is offered for those who may become pregnant after the policy begins.
When deciding on a temporary medical insurance provider, read the terms and conditions of the policy carefully. Review the exclusions and benefits of each company and decide which plan would be the best value to meet your individual needs. An option to extend coverage to include prescriptions will usually benefit the insured as well.
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