Some Michigan Health Policies Lack Proper Coverage
Posted by Holly Bentz | Under Health & Fitness Friday Feb 12, 2010Amid the countless policy exclusions, out-of-pocket expenses and premiums, it is inevitable that Michigan health plans are unequal. Then, there’s the variation of medical benefits from different insurance carriers and the confusing terminology; hence, the alternatives for opting into a Michigan health plan without being burned with an outrageous medical bill is a daunting feat for most Michiganites.
Market research data, collected from national agencies, regarding the health care industry, suggests that a high percentage of consumers subscribe to policies with inadequate coverage because they are incognizant of the insurance policy’s terms. Add on the uninsured individual, who has an imperfect medical history, purchasing a Michigan health plan and there’s a high probability that the consumer will be subjected to paying off a lifetime of medical bills.
President and publisher of Michigan Health and Life, Michael Novelli attributes the Michigan health plan issue on the fact that “consumers are not educated about what they are buying. And with unscrupulous insurance agents, trying to close a deal, the consumer bears the brunt of the aftermath.” The online publication, Michigan Health and Life publishes updates regarding the health insurance reform bill, on-going news about Michigan health plans, and hassle free medical quotes, serving as a health insurance resource for Michiganites.
A plethora of warning signs portend the futile Michigan health plan. These include:
* Miniscule – Insufficient benefits. “No major medical” and “limited benefit” insurance are two terms, indicating the potential composite of an insufficient Michigan health plan. These policies typically exclude the cost of a major illness, such as a heart attack, cancer, or diabetes. With the average treatment for colon cancer costing $250,000, it is quite obvious that health care expenses are outrageous. Michigan health plans with a $250,000 lifetime are substantially deficient in medical coverage benefits.
* Medical service exclusions. Consider any undisclosed medical benefit to be an uncovered service in the plan. Verify that the policy includes in-hospital-stay; doctor patient consults, as well as any outpatient medical treatments. Also, review whether the medical policy has sufficient per-day benefits. Some Michigan health plans impose ceilings for specific benefits. For instance, $800 per day is insufficient daily hospitalization coverage.
* Never ending out of pocket costs. Depending on the Michigan health plan, the policy may not delineate a cap or maximum amount of the out-of-pocket costs. Which means that the any co-payments remitted for doctor’s visits, medications and certain diagnostic procedures do not count toward the out-of-pocket expenses.
* Unusually economical premiums. Anytime the premiums for a Michigan health plan are unbelievably inexpensive, be sure to analyze the cost of a comprehensive and managed care plan. For instance, Michigan Health and Life.com provides several quotes to compare the appropriate Michigan health plan.
Bookmark or visit Michigan Health and Life.com for more information pertaining to Michigan medical insurance coverage. The site maintains the latest news, resources and free Michigan medical insurance quotes, online.
