The Costs Involved With Traditional Individual Health Care Plans
Traditional indemnity individual health insurance plans give the plan holder considerable freedom in choosing how his or her health care is delivered, but this comes at a price. While it is not easy to predict what your costs are likely to be, there are a number of standard costs which you will have to meet including:
1. A monthly premium, which represents the base cost for your plan.
2. An annual deductible, which is the amount of money you will need to pay out of your own pocket within the year before your insurance company will start to meet claims.
3. A ‘per visit’ sum which you will also have to pay out of your own pocket before your insurance plan will meet the cost of treatment.
Add comment February 11th, 2008