Health insurance is a necessity if you want to be able to afford health care. The cost of medical care is consistently increasing and being able to pay your medical bills is becoming more and more difficult without a health insurance plan. The current health insurance system is quite complex and constantly changing. First Choice Insurance is here to help you find a unique policy to fit your individual family or business needs.
Short Term policies are for those who need inexpensive coverage when between jobs or after graduating from high school or college. These policies can cover an individual from 30 days to 12 months.
Major Medical policies offer substantial coverage for your medical expenses. They generally have a deductible ranging from a few hundred dollars to $15,000 dollars per calendar year. The premium for these plans will be based on your age, whether you use tobacco and the deductible you choose.
HSAs (Health Savings Accounts) are plans that pair a high deductible health plan with a tax deductible savings account. Withdrawals from the HSA are not taxable if used for qualified medical, dental or vision expenses. And if you don’t use the funds in your HSA by the end of the year, you get to carry them over to the next year. For 2009 the maximum contribution to an HSA is $3,000 for a single individual and $5,950 for a family.
Comprehensive policies are plans that combine a major medical plan with copays for office visits and prescription drugs. These plans can help minimize your out-of-pocket expenses for the “little things” and protect you against a catastrophic loss if you have a large medical expense.
Generally we can customize a benefit plan to fit almost any group. Please contact us today to discuss your specific company’s needs.