California Health Insurance – Independent Agent Life Health Verses Insurance Company
- Health insurance
- Health insurance California
- Represent insurance companies
- Medical condition insurance
- Health services agent
Health insurance you have just filled out an online form to request a free health insurance quote, and moments later you are inundated with phone calls from insurance agents hoping to get your business. Try not to be overwhelmed or upset by these “annoying sellers” because they are not really telemarketers.
Most of them are well-trained state-licensed professionals who can really help you make the right decision as to which health plan is best and most accessible to your individual or group coverage needs.
You may be convinced that if you buy your health insurance plan directly from the insurance company and cut out the “middle person”, you will save money. This is absolutely not the case.
In fact, insurance companies rely on agents for most of their businesses which is why they pay them commissions to bring in customers. Health insurance doesn’t cost the consumer an extra penny to use a California-licensed health insurance agent to get insurance coverage.
Health insurance California
Health insurance California there are many differences between California’s health insurance and other states, including how it is claimed.
For example, while Blue Cross and Blue Shield are companies in other states, here in California, each is separate and individually enforced as Anthem Blue Cross of California and Blue Shield of California.
California Health Insurance Act AB 1672 is an improvement on HIPAA federal law that covers all states by including the following regarding California group coverage:
Individuals with pre-existing medical conditions may switch to a new group health plan without a period of exclusion.
Allow small businesses and professional organizations to have access to health plans as long as they have between 2 and 50 full-time employees.
Prevent insurance rates from rising after a claim has been filed for health insurance.
Employees who have health problems can change jobs or health plans without being ranked higher because they have pre-existing conditions.
Represent insurance companies
Represent insurance companies that said, the best health insurance agent for your individual and business needs is an “independent agent”. Why? Because they represent many insurance companies, not just one.
Independent agents can help you choose the most appropriate budget plan that offers the greatest benefits for your dollar as available from major carriers, rather than simply providing you with a line of company health plans that may not meet your particular needs.
Many people are too complacent and unhappy with what their current insurance company has to offer. They can use a good independent agent to order the many plans available from many health insurance companies to find and provide the best selection of options.
Another misconception you may have is that insurance agents set premium rates for the health insurance plans they sell. To think that if you shop around you can get a better price for the same plan.
Premium rates are based on your age, zip code, or county where you live and are fully controlled by insurance companies. Each agent uses the same guides of the same rate set by the insurance companies.
Medical condition insurance
Medical condition insurance your condition may affect your premium, which can assess after the company’s underwriting department reviews your medical records. Again, the insurance company, not the agent, determines the outcome.
Now, let’s talk about the benefits of having a good insurance agent to represent you. Many consumers do not know or understand the benefits of a health plan offered and need the expertise of an agent to fully explain the benefits to them. For example, do you know the difference between a “personal maximum” and an “annual deductible”?
Maximum out of pocket is the maximum amount you will have to pay in a given year for the deductible and co-insurance for covered benefits before your insurance starts paying 100% of most expenses by the end of the year.
Health services agent
Health services agent an annual deduction is usually the amount you pay each year before your health plan starts paying anything for covered services. Generally, the higher the deductible, the lower the premium.
Health insurance some services such as prescription drugs have separate deductibles. Plans can vary, and sometimes benefits come into effect before you have to meet the deductible.