Low Income Health Insurance in California:
Health insurance is very important
whether you agree or not. This is because health insurance proves to be very
beneficial as it covers all medical expenses if you fall ill or need any kind
of medical treatment or medication. Having a health insurance is like a having
a extra planning and support during your difficult time as you don't need to
think about the spending of huge sum of money on medical expense as medical
insurance cover it all.
Whether you live in California or any
other part of United States you can have various types of health care
insurance, so you can choose one as per your requirement. If you have low
income in that case also you don't need to worry because most of the health
insurance policies that are available in market offers low premium, so you can
choose accordingly.
· Fundamentals of the health insurance:
As of now, health care insurance policy
plan categorize in two heads such as individual coverage and group coverage.
Group coverage is considered more profitable and less expensive because in
group coverage insurance provider pay the user premium. Group insurance is cost
saving as well because it is provided by government agency, employer or by the
union of workers. On the other hand, individual policy is negotiated between
insurer and as per the individual plans.
· About Group Plans:
If you are eligible to take group
insurance policy then you must opt for it as it can provide more inclusive
coverage than any other plan. This is mainly because group policy plans are provided
by the organization that reduces insurer cost ultimately. As per these plans
person can get the coverage for preventive care, baby service, maternity care,
dental care and vision. These policy plans can be fully insured or self funded.
· About individual plans:
This plan is also known as individual
payer plan and it is generally expensive. You can purchase this type of policy
openly from any insurer in the market and more.