Hayek Insurance Blog
Emergencies occur at the most unexpected times. If you’re afraid of breaking the bank because of expensive medical bills, acquiring health insurance is a must.
The Basics of Health Insurance
Health insurance is a type of insurance that covers medical and surgical expenses. Just like other insurance policies, health insurance can also be customized to best suit one’s needs.
Depending on the policy, holders can choose whether they pay and get reimbursed, or the agency pays on their behalf.
How Much Is Health Insurance?
Varying factors affect the price of a health insurance policy. Here’s a list of some factors that affect health insurance premiums.
Types of Health Insurance
Generally, health insurance is categorized into two: private and public or government. Private health insurance policies are those provided by insurance agencies and are paid by policyholders. On the other hand, public or government health insurance is subsidized healthcare.
Although these two are the commonly provided types, there are other types of health insurance people can choose from. The other types of health insurance depend on the plan administration and healthcare provider networks.
- Receive medical attention within the insurer’s network; or
- Receive medical attention from a non-network healthcare provider.
Although health insurance isn’t required, being insured is beneficial. If you can’t immediately pay for medical expenses out of pocket, acquiring health insurance is a smart move.
At Hayek Insurance, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (805) 496-8835 or Click Here to request a free quote.