Health Insurance in Dayton, OH
Under65 Health Private/Off Exchange
ACA Marketplace, On-Exchange (also known as ObamaCare)
As health care costs continue to rise, securing adequate means of managing these expenses should be a top priority. Fortunately, health insurance comes in many forms and can provide critical financial assistance as you and your family seek preventive measures and medical services. Still, these policies can be nuanced and complicated, making it necessary to ensure a complete understanding of your coverage.
How Does Health Insurance Work?
As its name suggests, health insurance may provide critical financial assistance to help you and your family manage medical expenses. Health insurance may be acquired through the health insurance marketplace or available by employers as part of a group policy. Regardless of where you get your policy, coverage may include financial assistance to access the following:
- Preventive and wellness services
- Prescription drugs
- Ambulatory services
- Emergency services
- Hospitalization
- Pregnancy, maternity and newborn care
- Laboratory services
- Mental health and substance use disorder services, including behavioral health treatment
- Rehabilitative and habilitative services and devices
- Pediatric services, including vision and dental care
By purchasing suitable health insurance, you can retain access to funds and resources that may help limit out-of-pocket health care costs. However, to ensure that your policy suits your needs and budget, you should make sure you understand the following terms:
- Deductible—This clause establishes a minimum amount you must pay out of pocket before your policy will begin to contribute.
- Premiums—These are the amounts that you pay on a regular basis to keep your health insurance active.
- Copayments—This term refers to out-of-pocket costs you must pay for specific services, such as X-rays and specialist visits.
- Coinsurance—This is a percentage of the total cost you will be responsible for paying for various health care expenses.
- Out-of-pocket maximum—This is the upper limit of how much you will be required to pay for health care in a single plan year, after which your insurance may cover all costs.
Where to Get Health Insurance
When shopping for health insurance capable of securing your finances while providing for your health and wellness, you should prioritize working with a qualified coverage professional, such as Universal Insurance Agency. We have 25 years of experience helping families and individuals acquire and maintain optimal health plans and will work with you to identify your needs and procure the right policies.
Visit our website or call 937-867-2368 to learn more about health insurance or to get a personalized quote today.