How to get the best deal on Health Insurance.

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Family 1 308

 

 

Question: How to get the best deal on health insurance?

Answer: Call Comrade Financial Group

In Maryland, District of Columbia and Virginia you and your business have a wealth of options when it comes to on and off exchange plans. When you think about over 2000 options for Small Group Health Insurance and close 100 options for Individual and Family Health Insurance it is sometimes mind boggling to all of the options and choices.

We would like to break things down and make it a little simple. As most consumers only shop based on monthly premium and that is the biggest mistake you can make for you or your business. You do get what you pay for and if you take a little time to go over each plan option and benefit description, it does make sense about what your best choice should be.

The main thing you should think about is benefit level. Do not let the Metal levels fool you when it comes to benefit level. All plans are not created equal as you will find in the differences between HMO, PPO and POS plans. The benefit level describes all of the free benefits that come with a monthly premium and also what percentage of risk you assume as a client of that particular insurance company. Many of our new clients are still stuck on having a Co Insurance and do not fully understand their true liability. Once you have chosen your benefit level, then it is time to take a look very carefully at your liability level.

The liability level is pretty self explanatory when it comes to a deductible, but it is still tricky. Some plans only require a deductible to be met if you are hospitalized while others want the deductible to be applied to all services up to and including prescriptions. When you take time to understand these plans and options that most brokers should point out and often we find others do not, then you are taking unnecessary risk.

When shopping for a plan, do not rely on an insurance professional that does not have all of the answers. It is really not that hard to become fully fluent in all of the insurance jargon and the plans and how they can help each individual client. Quotes are free and our time spent with you is time well spent.

In conclusion, choosing a health insurance policy either on exchange or off exchange we urge you to fully understand all of your options and not just the lowest premium.

The Co Insurance Question?

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Co Insurance

Dentist

 

Every day I speak to people about their Health Insurance. They rarely know what their Deductible is, and almost always they do not have a clue what their Co Insurance is. This is a major problem because having the wrong Co Insurance could make you liable for a whole lot of charges. Comrade Financial Group will always recommend a 0% Co Insurance for all plans we offer Individuals and Families.

What is Co Insurance?

 

Your Co Insurance is above and beyond what you would pay after your deductible is met. So you tell me that you have a $1500.00 deductible! That is great, but your co insurance is 20%. So lets just say that you incur medical bills in the amount of $15K. You would pay your deductible of $1500, then 20% of the remaining $13,500. Some carriers don’t have Co insurance lower than 40%!

Make sure that your Health Insurance plan has a 0% Co Insurance!

Jack Fleming – Insurance Broker

Comrade Financial Group

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Comrade Financial Group

It was time to do a blog posting about my Insurance Agency. Some people have asked me why “Comrade”. Most people don’t understand what Comrade actually means. It means “Friend” or “Ally” and of course over the years there have been many meanings to many words. Coming from a Combat Veteran of the 82nd Airborne Division, it is better to be a friend of Jack, than not. I started this Agency with a passion for helping people with their money.

Over the years and in my own life, saving money and getting the best deal I could was a primary concern. I meet people everyday, some I can help and some I can’t, but I have given my best effort in helping them make their lives better. There is no
secret about Insurance, Its there and will be there long after I am gone. But there are masses that still don’t understand it. They just know that if they pay they will be covered. As a Insurance Broker, there is the innate ability to pick and choose what product best fits the needs of the client. I am not Superman, just a dedicated professional with a tireless passion.

If you have found this blog post, we have just had a chance encounter to help make someone’s life a little better. Thank you all for your continued support and word of mouth advertising. It is greatly appreciated. Thank You!