EXCESS AETNA HEALTH INSURANCE

08.36 doyan No comments

So, you think it’s time you started
looking into Aetna Health
insurance, huh? Aetna health
insurance is certainly a wise
choice. Aetna is the grand daddy
of health insurance providers
and has a proven reputation for
quality and reliability. But what
important information should
you be aware when selecting
your Aetna health insurance
plan?
Individual or Group Insurance?
Having decided that you will take
out an Aetna health insurance
plan, you now need to look at the
various options available to you.
Private Aetna health insurance
cover works well for many
people, especially those who are
self employed or decide for
whatever reason not to avail
themselves of an employment
group based Aetna Health
insurance plan. On a comparison
basis, the individual Aetna health
insurance plan offers more
flexibility, portability and choice
of options. Generally, however,
the employer group Aetna health
insurance plans are more cost
effective.
HMO, PPO or Traditional?
Your next step in selecting the
right Aetna health insurance plan
for you is to decide whether you
want a traditional indemnity plan
where you choose you own
doctor but pay higher premiums,
or an HMO (Health Management
organization) Plan, where an
area doctor is assigned to you at
a lower premium. Another
alternative is to take out a PPO
Aetna health insurance plan. This
is a preferred provider
organization plan, where you can
choose a doctor from a list of
local approved providers. The
premium cost here is mid range
between an HMO plan and a
traditional indemnity plan.
Limits and Maximums
Some plans will only cover 80%
of your costs. Others will cover
100%. 20% of a huge bill is still a
big bill. Your probably better off
sticking with an Aetna health
insurance plan that covers you
for 100% of your costs. Most
Aetna health insurance plans will
offer you a wide range of excess
options. The higher the excess,
the lower your monthly
premiums will be.
Extras
You may find that your Aetna
health insurance plan comes
with attractive bells and whistles.
It is important, however, that you
let these sidetrack you and that
you focus primarily on the base
plan. After all, you wouldn’t want
to end up with an Aetna health
insurance plan that covers you
for all the small things but that
falls down when it comes to the
things that really count.
Do You Really Need It?
If you’re young and healthy, you
may be thinking that you really
don ’t need to fork out money on
Aetna health insurance. Big
mistake. When you ’re young and
healthy is exactly when you
should be looking into an Aetna
health insurance plan. Why?
Because if you suffer and illness
or injury before getting covered,
that condition may preclude you
from ever getting cover at all. On
the other hand your preexisting
condition will certainly mean that
you will be paying much higher
premiums. Once you take out an
Aetna health insurance plan,
however, the policy remains
largely unchanged – even if you
develop a serious illness or
health condition later in life. The
choice is yours.