Unit 4 Assignment: Health Insurance And Preventive Care
UNIT 4 ASSIGNMENT Based on my income, age and the frequency of doctor visits I am currently enrolled in a preferred provider organization also known as an (PPO) as stated in Siegel, R., & Yacht, C. on the subject of personal finance (p. 246). Additionally, this is covered through blue Cross/Blue Shield. Therefore, I am under a network of health care providers that provide preventive care. The advantages of carrying this type of health insurance allows me to track my health year to year and detect early sings of health issues. Moreover, covered in my insurance is by a prescription drug plan that I pay ten dollars for generic prescriptions. The disadvantage of carrying a (PPO) health insurance is that it will cost more to go out of network.
Also, having this type of coverage has a higher price in annual deductibles.
I am satisfied with the benefits that my medical coverage provides. However, I am not satisfied with the amount of coverage in my plan at this time. Subsequently, if I was to become chronically ill the coverage of my health issuance this will not have enough to support my illness. There are some aspects of my issuance that I would change including paying the annual deductible before my coverage begins. Similarly, I would change the out of network annual out of pocket maximum pricing. I currently pay twenty-five dollars a month for my health insurance, with an annual deductible of two thousand five hundred dollars. Also after my deductible is paid I pay twenty present for all office visits, specialist, urgent care, emergency rooms and hospital outpatient and inpatient. This is paid though my currant employer. Based on your research on health insurance I do not see a need to change the way I fill my need for health insurance.
Also, having this type of coverage has a higher price in annual deductibles.
I am satisfied with the benefits that my medical coverage provides. However, I am not satisfied with the amount of coverage in my plan at this time. Subsequently, if I was to become chronically ill the coverage of my health issuance this will not have enough to support my illness. There are some aspects of my issuance that I would change including paying the annual deductible before my coverage begins. Similarly, I would change the out of network annual out of pocket maximum pricing. I currently pay twenty-five dollars a month for my health insurance, with an annual deductible of two thousand five hundred dollars. Also after my deductible is paid I pay twenty present for all office visits, specialist, urgent care, emergency rooms and hospital outpatient and inpatient. This is paid though my currant employer. Based on your research on health insurance I do not see a need to change the way I fill my need for health insurance.