Trying to purchase health insurance or changing your plan can be daunting. With so many various plans available, and all of the rules and regulations associated with the health care industry, it can be difficult finding the right plan for you. Having health care is vitally important to ensure you receive proper treatment when your hurt or sick without wiping out your bank account. This guide will help you understand how health insurance works and what benefits come from having a plan.

The Basics of Health Insurance

How Health Insurance Works

Health insurance is designed to make health care more affordable for you. In order to receive coverage, you’ll have to pay a monthly charge, known as your premium. In addition to your monthly premiums, you’ll also have to pay a deductible for certain medical services. The deductible is the amount of money you have to pay in addition to the premium before your insurance provider begins to cover the costs.

How much you’ll have to pay for your premiums and the cost of your deductible depends on multiple factors, including what level of coverage you purchase as well as your personal health history.

Benefits of Having Health Insurance

Having health insurance comes with many benefits, both to your personal health and your bank account. Having an insurance plan makes paying for your health care much more manageable. Should you require major and costly treatments, your insurance provider will cover your builds after your deductible is met.

You’ll also receive access to free preventative care with most insurance plans, including flu shots, screenings, and check-ups. Plus, with the government’s individual mandate requiring everyone to have health insurance, you will avoid a costly fine the next time you file your taxes.

 

For more information on finding the right health insurance plan for you, contact Mountcastle Insurance in Winston Salem, NC. Offering auto insurance, homeowners insurance, health insurance, and more, their team will work with you to get the coverage you need. You can request a quote by calling (336) 777-8500 or by visiting them online.