September 11th has left our country’s economy in horrible condition, with prices of goods, real estate, services, gasoline and insurance much higher than in previous years. Many families have to crack down on their spending and make priorities. Is a vacation really necessary? Is that extra car or that larger house imperative? No one can answer these questions for you.
Rather, they are personal decisions according to personal circumstances. When considering health insurance, remember that it is a purchase that may save your life. Even if you or your family members are rarely sick enough to go to the doctor or hospital, you never know if or when you will need to in the future! Health insurance is not material, nor is it immediately rewarding. It is also not absolutely mandatory as rent and electric bills. Still, health insurance is as important, if not more important, than all of these. It guards your health and your life, without which you would not be able to buy anything. You never know when a car accident or bad case of the flu or chicken pox will put you or your family at risk. The only thing worse than having a life threatening event or illness occur is not being able to afford the healthcare to treat the illness or injury.
Nevada health insurance is fairly uniform to all other states’ health insurance. You will find an array of companies with several medical plans, including HMO, PPO, POS and HSA, as well as Medicare and Medicaid options. Nevada health can include one or multiple of the following types of insurance: medical, short-term, student-medical, Medigap-seniors, group-medical, dental, travel-medical, supplemental, life insurance and long-term health insurance.
To gain a better understanding of the types of plans and the specific insurance options, you will need to review detailed explanations and definitions of some of the terms mentioned above. Once you understand the plans, you can take the next step to deciding what kind of health insurance you can afford and is right for you.
Every state has specific rules and regulations unique to that state, in addition to federal guidelines determined by laws such as the Health Insurance Portability and Accountability Act of 1996. It is good to know some of these laws, both national and statewide, in order to comply with them and have control of your insurance. You should also be aware of current amendments being proposed and up for vote regarding health insurance and caps for law suits against doctors.
These matters may seem not to affect you directly, but they are costing you, your insurance provider and your doctor more money. In turn, this sometimes causes insurance companies to disappear and doctors to leave the area, leaving the consumer like you without insurance and without a doctor. This is an imminent crisis in healthcare in Nevada and all states nation wide, and is definitely an issue that should catch your attention.