Four Important Things That a Family Medical Insurance Plan Should Have

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Since President Obama was elected in 2008, the number of Americans without health insurance has fallen every year. In 2008, 15% of Americans weren’t covered but at the beginning of 2015, this figure had fallen significantly to 11.9%. It’s clear that every family should have health insurance so you don’t suffer financially in the case of a sudden illness or accident. If you don’t have health insurance but are planning on purchasing, it’s important to compare a range of policies to find one that suits you. In general, the four followingcomponents are ‘must haves’ for your policy.

1. Hospital Coverage for Inpatient Care
Reliable health cover should include hospital inpatient care. You’ll never know if you’ll need to spend time in hospital for an illness. One night in the hospital can cost several thousands, and this number will increase if you need an operation or treatment. Make sure that your planned healthcare policy covers a large portion of hospital inpatient care. Look for a policy that offers reasonableco-pay and covers a large percentage of the hospital stay and includes medication, nursing services, supplies and amenities.

2. Prescription and Treatment Coverage
A good medical insurance policy should cover the price of prescriptions and treatment, which are often expensive. For example, 1 in 3 people with rheumatoid arthritis stopped working within the first two years of their diagnosis, as referenced in this infographic.However, they still face costs such as medical bills and purchasing mobility aids. Insurance that covers the cost of prescriptions will certainly ease some of the financial burden associated with treating an on-going condition such as arthritis.

3. Medical Check-ups
Yearly medical check-ups are a popular item to have on a medical insurance policy. Many people fail to visit their doctor regularly because the cost of a visit is simply too expensive. It’s important that medical check-ups are included in your policy, so you can see a physician if you’re concerned about a symptom or illness before it becomes a bigger threat.

4. Mental Health/Behavioral Health Coverage
Behavioral health coverage is important because it covers mental health issues such as depression and anxiety. It may also include treatment for alcohol and drug problems too. With 1 in 5 adults experiencing depression, mental health cover is crucial, as it can affect anyone.

These are just a few areas you should consider before you purchase medical insurance. If you have specific conditions you want included in your insurance, don’t just assume they will be included – always check with your provider before you commit to anything.

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