PENNSYLVANIA HEALTH INSURANCE
As a Pennsylvania resident you can choose from health insurance plans provided to individuals and groups by private insurance carriers. Eligible individuals and families may also take advantage of low-cost and no-cost health insurance offered by Pennsylvania State-funded programs, as well as government-sponsored programs such as Medicaid, COBRA and the Pre-Existing Conditions Insurance Plan (PCIP).
1.PENNSYLVANIA GUARANTEED ISSUE POLICY
Such coverage may be limited and there may be exclusionary periods for pre-existing conditions. When you renew your individual policy, the insurer has the right to increase your premiums within state guidelines. All small group policies are guarantee issue.
2.PENNSYLVANIA GUARANTEED RENEWAL POLICY
Pennsylvania is a guaranteed renewal state. While your insurance company has the right to increase the premiums on your individual health care policy based on age and other factors, they cannot cancel your policy as long as you pay your premiums, do not defraud the insurers, and in the case of some managed health programs, do not move out of the coverage area.
3.PENNSYLVANIA AND THE AFFORDABLE CARE ACT OF 2010
The Affordable Care Act (ACA) has no direct impact on individual state mandates, however it may have significant impact on some aspects of your health care.
PENNSYLVANIA HEALTH PLANS
Pennsylvania health plans for individuals, families and small businesses from most of the leading Pennsylvania health insurance companies.
HEALTH PLANS FOR STUDENTS:
Approximately 40 percent of parents mistakenly believed that adult children (ages 21-24) living at home were covered under their health insurance plans.20 percent of college parents have no idea when their health insurance will no longer cover their college-age children.
Most people believed that health insurance for a healthy young adult cost $100/monthly; infact, these policies generally cost $50/monthly. If you’re employed, your first step should be to determine whether your employer offers an employee group health plan, and if so, find out the details. Group health coverage through an employer is typically the easiest to qualify for and is often the most affordable option. In addition, many employers contribute toward some, or even all, of plan premiums.
Many colleges and university in Pennsylvania offer low-cost student health plans. Some schools require that you carry some type of comprehensive health care coverage as a condition of enrollment, or may require it as a condition of any study abroad program.
Keeping your family healthy is essential to enjoying the best quality of life. Family health insurance is one of the best ways to protect their health. Normally,family health insurance plans consist on an individual (usually a parent or other adult) adding immediate family members to their policy. Affordable family health insurance in Pennsylvania usually costs less than having a separate health insurance policy for each person. Also, a family health insurance plan usually has a higher coverage cap or lower combined deductible than an individual one.
There are a variety of family health insurance plans available in Pennsylvania. It is very important that you balance the cost of coverage with the medical care your family needs. You may want to take less risk with your family health insurance than you would with your own. A comprehensive family health insurance plan that covers prescriptions and regular doctor visits may end up being more affordable in the long run, especially if you have a large family. Indemnity plans come with lower family health insurance premiums, but only cover catastrophic medical costs; most preventative care must be paid out-of-pocket. However, it may be suitable if any of your family members are attached to a particular physician or specialist not included in a managed plan network. You need to take your family’s health and needs into account, as well as your own, when choosing affordable family health insurance in Pennsylvania.
Individual health insurance is coverage that a person buys independently. It can be sold to a single individual, to a parent and dependent children, or to a family. Individual health insurance companies in Pennsylvania are much more limited than group insurance companies in their ability to spread risk, so the laws concerning individual health insurance are different in most states. This means that applicants for individual insurance will need to complete a brief medical questionnaire when applying for benefits and, unlike a group insurance policy, in most states a company can decide not to cover people with very serious medical conditions (e.g., HIV or cancer), deeming them “uninsurable.” Vital One health insurance agents will help you research and decide if individual health insurance is the best and most affordable option for you.