Alabama Health Insurance
Alabama health insurance
Many residents of Alabama feel the best way to protect their incomes and to assure themselves of top-quality medical care is to take out a health insurance policy. This type of insurance will help to cover some of the costs of expensive health care and will give them an option of health care providers to visit when they need treatment. And speaking of options, they’ll have numerous private health insurance providers to select from as well as several government-sponsored programs.
One of the most popular types of Alabama health insurance plans is short-term health insurance. This is ideal for those who need coverage for just a short period of time, such as people who are in between jobs or who are waiting for another health policy to begin. A short-term plan will pay a percentage of your wages if you happen to become ill or injured and are unable to work due to a non-work related situation.
The amount of benefits you will receive depends on the specific plan. Generally, most policies will pay the plan holder anywhere between 40 and 70 per cent of their regular wages. Many people receive this type of insurance via an employer-sponsored group health plan. However, individual policies are also available through many private insurers.
The plans are relatively straightforward as you or the employer will pay a set premium for the coverage and choose the length of time you’d like to be covered for. You may find plans on the market that provide insurance from anywhere between one and 24 months. If you become ill or injured you then make a claim for benefits for the time you’ve missed from work.
You’ll likely be required to have a claim form filled out by a doctor to explain what your health condition is and how long you may be off of work. If your claim is accepted, there’s usually a waiting period before the benefits will be paid. For example, you may not be paid for the first three days you missed work. In addition, if you’re receiving short-term insurance on a group plan, the insurer may ask you to use up some of your sick days before filing a claim.
When the waiting period is over you’ll start receiving checks to cover the specific percentage of your salary. For example, if your weekly pay is $1,000 a week and the plan pays 65 per cent, you will be reimbursed $650 each week until the plan runs out or you return to work, whichever comes first.
If your benefits expire and you’re still sick or injured you may want to explore the long-term disability options or Social Security Disability Insurance.
Like most types of Alabama health insurance plans, you’ll find that short-term plans differ in coverage and cost. To make sure you get the type of plan that benefits you the most it’s never a bad idea to speak with a local health insurance agent or broker to receive some free assistance. An agent will be able to match you up with a health care plan that best fulfills your needs, both medically and financially.