Kentucky Individual Health Insurance At Affordable Rates
The Patient Protection and Affordable Care Act
, 2010 goes a long way in making health insurance affordable for millions of Americans. So it is now easier to find Kentucky individual health insurance at affordable rates. However, it is always an advantage to get professional help as a reliable agent can tell you about your best options.
Affordable Individual Health Insurance Plans
Insurance providers offer indemnity and managed health care plans. Indemnity plans allow you to manage your own healthcare. You can see any doctor you want. You pay upfront for services and your insurance company meets your claims later at a fixed rate. In the case of managed care, you have a choice of Health Maintenance Organizations (HMO), Preferred Provider Organizations (PPO) and Point-of-Service (POS) plans. The health insurance provider collaborates with hospitals and doctors to provide members health care services at fixed rates. Managed care is affordable as they mean lower out-of-pocket costs than an indemnity plan.
When choosing a Kentucky health insurance plan, consider factors like services offered, choice of providers and their location besides cost. You have to be certain that your plan will provide you the services you are looking for and how your plan will pay for them.
Some of the ways in which new legislation is working towards making individual health insurance more affordable are:
Health insurance companies cannot deny coverage to children with pre-existing conditions or use rescission to cancel policies retroactively
Annual and lifetime caps on the amount carriers will pay to cover health care expenses will be phased out
Children can stay in their parents health plan up to age 26
Immediate relief for seniors who reach the "donut hole" (the gap in their Medicare prescription drug benefit coverage)
Rely on Professional Assistance
If you are buying Kentucky health insurance this year or considering a change to a new plan, the most advisable option is to seek professional assistance. Reliable health insurance agents in Kentucky can help you compare different health insurance plans and their costs. The websites are the best place to check out the available options, get free, instant quotes and find Kentucky individual health insurance at affordable rates.