One of the costliest expenses the family faces today is the health care emergency which may reach $ 100,000 for just one member of the family if involved in an accident or some catastrophic illness. Most families will end up in bankruptcy and economic failure without family health care insurance.
At some point of time health care insurance is a necessity for everyone. Young children need the care of health care professional in their sickness. Unexpected automobile accidents, school injury require medical attention. Without family health care insurance these incidents will run up in to incredible medical bills that the family can surely find very difficult to afford in such situations.
Family health care defrays a large part of any medical fees the family encounters. Depending upon the particular plan, you have to pay a small sum before the family health insurance plan comes in to effect and pays the rest of the bill, and by doing so you will have quality family health care without any worry of affordability.
What is covered
Inpatient hospital stays were covered by family health insurance previously. Many strides have been taken recently. The patient had to pay for a routine general check up, which he could not afford though it was small compared to the hospital stay charges. Now insurance plans cover all medical expenses plans like an HMO require a Co pay and the insurance pays 100% of the bill once the Co pay is paid. These plans require a single doctor for all your medical care. Otherwise you require a referral from your doctor.
Other plans like, PPO require you to pay a large portion of the bill and gives the patient more flexibility. Some PPO plans have a specified co pay for office visits while others pay a certain percentage after some deduction.
Most family health insurance plans to day have a prescription benefit allowing the patient to pay for each prescription they have filled. This is a huge money saver for those who take medication regularly.
Weigh all your options thoroughly before you take up a family health insurance plan. Shopping insurance companies can give you the information you need. You have a lot of information on the internet to help you.