About Gulf Breeze Florida
Gulf Breeze, Florida is a waterfront community of 6,189 that prides itself on its fine small town character, quality education, excellent local government and a multitudes of waterfront activities. Gulf Breeze shares a rich history with the entire Florida Panhandle. In 1559, Tristan de Luna arrived in Pensacola Bay with 500 Spanish soldiers. The first settlement was abandoned due to diseases, disasters and hostile Indians, but other Europeans followed. In the late 1700's, the British occupied the peninsula and named it Town Point.
Insurance tip #024
Choosing Gulf Breeze Health Insurance Companies
Making a wise decision on which Health Insurance Policy to buy may seem like a confusing task, but if you consider just these five most important items you and your Gulf Breeze insurance agent will both find that you are a Savvy Buyer! These items are your KEYS to picking a policy that's right for you:
- The Insurance Company's Rating
Ask your Gulf Breeze agent for the Company's A.M. Best rating. If the company is highly rated at this national rating registry, then the company will have literature showing their rating with an explanation of what it means. Choose only companies that have an A or A+ rating.
- The Insurance Company's Record of Complaints at your State Board of Insurance
Every large company will have some complaints. Avoid companies that have a high number of unresolved complaints. Ask your agent for the phone number for your State Board of Insurance. If he will not give it to you, this is a warning signal! You can also look up the number in any directory of your state's agencies. No matter what your agent says, CALL your State Board of Insurance and ask them for the record on any company you are considering.
The Limits Shown On Your Health Insurance Quote
Check your quote to see if you are comfortable with the benefit levels. You can usually change several levels to fit your needs and budget. For example, a higher deductible will cost less each month. Also, many plans give you a choice to split your medical bills with the Insurance Company either 50/50 or 80/20 (with them paying 80%). Then they will have an amount (your stop loss) where they will take over at paying 100% of your covered bills for the remainder of the year. These deductibles and other levels start over every year in most plans. Some plans, though, have a "per cause" deductible. Such a deductible means that you will be responsible for bills up to that deductible for each accident or illness. Make sure you are aware of this distinction, so you can choose a plan that's right for YOU!
The Limits Revealed Within The Policy
Ask your insurance agent for a sample policy, and then check two sections: The Benefits and The Limitations and Exclusions. Many of your benefits are actually limited in the Benefits section. For example, diagnostic testing or outpatient treatment may be severely limited. These days, you could have a serious disease such as cancer, and never go into the hospital for it. You could rack up thousands of dollars in medical bills for the diagnostic and follow-up lab tests and MRIs, and then have surgery, chemo, or radiation therapy all on an outpatient basis.
Other items that may be limited are your hospital room rate and intensive care. Your hospital room rate should be at least average semi-private and your intensive care benefit should NOT be tied to your room rate, but should, instead, be covered as whatever is an average ICU rate for the area of the hospital, also. Some policies limit the ICU benefit to 3 times the regular room rate, when ICU can cost you 10 or 20 times the room rate each day. A short hospital stay with a limit like this in your policy can cost you literally thousands of dollars. A long hospital stay with a limit like this in your policy could drive you into bankruptcy. Even if your policy says it takes over at 100% after $5,000 of covered medical bills, the important term here is "covered" medical bills. If the policy only pays three times the room rate for ICU, then the rest of the ICU bill is considered an "uncovered" charge!
Look out for these types of limits!
Also, be sure to check the Pre-Existing Conditions Limitation if you already have any medical conditions, and ask your agent if the Company will be excluding your conditions permanently on your policy.
- Pay the Insurance Company, Not the Agent, & Follow Up!
And lastly, make your check payable to the Insurance Company, and then follow up to make sure it was received. When you get your policy, check the Schedule of Benefits to verify you got the coverage you ordered, and then check to see if any special Amendments were added to your policy to exclude any of your conditions. If an Amendment exists, these conditions will always be excluded from this policy, even after the Pre-Existing Conditions Limitation expires.
Following these five tips will help you choose a health insurance policy which will protect you from catastrophic medical bills. You may think, "Isn't that what any health insurance policy is for?" Yes, that is the reason for buying any health insurance policy, but, unfortunately, many policies fall short of actually providing this protection! Be sure to take the time to choose wisely when it comes to your health insurance!
Those who have tried finding Florida health insurance quotes on line will agree with me that it is really puzzling and laborious task to find Florida health insurance quotes online. Almost all companies, agencies and brokers offer on line quotes. This is not the problem; the problem is filling up their forms and answering their questions which seem to be never ending. People have to enter or sometime even re enters the birth date of every member of family, weight and height of every family member and other such details. Now this is definitely not the fun way to get information regarding the different health insurance rate.
Don.t panic, there is a simple solution available for finding different health insurance rates with the same powerful tool of Florida health insurance quotes. In this simplest procedure people has to fill a form which is very short. It is believed that average person can fill this form in about 30 seconds to one minute. Submit it and viola! People will be able to view around 25 top Florida health insurance companies. health insurance rates side by side for comparisons.
After seeing and comparing the Florida health insurance quotes people can visit the respective company.s websites. The Florida health insurance quotes are regulated by the Florida State government so the premium rate has to be same, that is if you purchase health insurance directly from the insurance company or buy from the health insurance agency or health insurance broker the rate remains constant. So it is better to take help from the good Florida agency like Florida health insurance web. This will save people.s time and money. It is always advantageous to know the different deals offered by different Insurance companies like Blue Cross Blue Shield, Aetna, Humana One, Golden Rule United Healthcare and many others.
Selecting the health insurance agency like Florida Health Insurance Web not only save money right away but they help you to save money every year by reviewing your policies every year, as every year situation changes and if you step up with this changing situation than you bound to save many dollar.
More Insurance News
Small business that employs up to maximum of 50 employers are eligible for Small Business Health Insurance group plan. Apart from the other incentive a small business owner provides to his/her employee, they can also plan and provide a cheap group health insurance scheme to their employee as an added incentive.
For small business every employee is very important for smooth running of the business and even one employee not feeling well results the whole business to be rocky. So it is very important that employee of small business must have any type of Small Business Health Insurance.
Different types of Small Business Health Insurance.
The most widely use health Insurance plan by small business are group health plan. The group Insurance plan for Small Business covers most of the medical risks. This type of Small Business Health Insurance plan is usually network based plan that is you have to use the Doctors, Hospitals and other medical services with in the limitation of few which are included in the net.
There are different types of networks like PPO or Preferred Provider Organizations, HMO or Heath Maintenance Organizations and POS or Point Of Services. As an owner of Small business you must know all this networks and services offered by many Insurance companies.
Finding the best plan
To arrive at the best plan for Small Business Health Insurance one must be very much clear about the objectives for purchasing Small Business Health Insurance. Before quoting the competitive rate for Small Business Health Insurance, most Insurance companies wants to know many things like age group of employee, type of coverage, type of networks etc.
Now it is mandatory by law that every small business must purchase health insurance for their employee or be ready for heavy fine. It is possible for the employer of small business to deduct small amount of premium from their employee.s salary. The deduction amount is mostly between 25 to 50 percentages of premiums