Quick Quotes
Download
 |
Insurance Buyer's Guide |
 |
|
 |
|
Get Quotes
The Companies We Work With
Below is a list of some of the insurance carriers we work with at Michigan Health and Life. For more information, or if you do not see a company that you are looking for,
please contact us
Below is a list of some of the insurance carriers we work with at Michigan Health and Life. For more information, or if you do not see a company that you are looking for,
please contact us
Some Michigan Health Policies Lack Proper Coverage
by Mike Novelli February 2, 2010
Amid the countless policy exclusions, out-of-pocket expenses and premiums, it is inevitable that Michigan health plans are unequal. Then, there's the variation of medical benefits from different insurance carriers and the confusing terminology; hence, the alternatives for opting into a Michigan health plan without being burned with an outrageous medical bill is a daunting feat for most Michiganites.
Market research data, collected from national agencies, regarding the health care industry, suggests that a high percentage of consumers subscribe to policies with inadequate coverage because they are incognizant of the insurance policy's terms. Add on the uninsured individual, who has an imperfect medical history, purchasing a Michigan health plan and there's a high probability that the consumer will be subjected to paying off a lifetime of medical bills.
President and publisher of Michigan Health and Life, Michael Novelli attributes the Michigan health plan issue on the fact that "consumers are not educated about what they are buying. And with unscrupulous insurance agents, trying to close a deal, the consumer bears the brunt of the aftermath." The online publication, Michigan Health and Life publishes updates regarding the health insurance reform bill, on-going news about Michigan health plans, and hassle free medical quotes, serving as a health insurance resource for Michiganites.
A number of red flags highlight serve as caveat to the worthless Michigan health plan. These include:
* Miniscule - Insufficient benefits. "No major medical" and "limited benefit" insurance are two terms, indicating the potential composite of an insufficient Michigan health plan. These policies typically exclude the cost of a major illness, such as a heart attack, cancer, or diabetes. With the average treatment for colon cancer costing $250,000, it is quite obvious that health care expenses are outrageous. Michigan health plans with a $250,000 lifetime are substantially deficient in medical coverage benefits.
* Excluded medical services. Assume that any medical benefit not mentioned in a policy is not covered in the plan. Make sure that the plan accounts for in-hospital stay, physician's visits as well as any outpatient medical treatments. Also, analyze whether the medical policy has adequate per-day benefits. Certain Michigan health plans impose ceilings for specific benefits. For instance, $800 per day is inadequate sufficient
* Ceaseless out-of-pocket costs. Depending on the Michigan health plan, the policy may not delineate a cap or maximum amount of the out-of-pocket costs. In other words, any co-payments, including doctor's visits, medications and diagnostic procedures are not credited toward the out-of-pocket expense.
* Amazingly economical premiums. Anytime the premiums for a Michigan health plan seem abnormally low to be accurate, be sure to assess the cost of other plans (i.e. comprehensive and managed care plans. For example, Michigan Health and Life.com supplies several quotes to analyze the best-sized Michigan health plan.
Serving: IL, MI, OH, WI
| Individual Health Info | Group Health Info | Term Life Info | Medicare Info |
Copyright@ 2008 michiganhealthandlife.com