What are the most important factors to consider when choosing a health insurance policy?
Deductible: In general, the higher the deductible, the lower the monthly premium and the lower the deductible, the higher the monthly premium. The deductible is solely your responsibility and must be paid first before the insurance carrier will begin to pay their portion of any major medical claims. You may be asked to pay your deductible […]
What are the Factors that determine the price of an Individual or Family Health Insurance Policy?
The answer depends on whether we’re discussing the pre-underwriting price or the post-underwriting price. By pre-underwriting price, I simply mean the monthly premium that you see posted on the internet etc without regard to one’s medical history. Only about 20% of all applicants can qualify for these “initial” or “preferred rates”. Everyone else will be […]
Preparation Tips for Medicare Supplement coverage when nearing age 65
Just a few simple steps and you’re there. Know that you can enroll in Medicare Parts A and B within 3 months before your 65th birthday month and 3 months after. Once that is complete, its time to consider a Medicare Supplement plan to fill in the gaps of the government sponsored Medicare. I liken […]
Should I use an agent? Or should I just go online to apply for Texas health insurance?
I would always encourage you to use an agent. Since there is no charge for an agents’ services, why would you not? Health insurance prices are fixed by federal and state law and, therefore, there is no difference in the final price of a plan if you apply on your own or with the help […]
I want my old PPO plan back!
What can I do? Since the Patient Protection & Affordable Care Act, also referred to as “Obamacare”, was passed into law in 2010, this is a common question that has been on the minds of many Americans. While Selected Benefits only provides services for those who need Texas health insurance policies, the problem is certainly […]
