What are Some Possible Loopholes in My Health Plan?
After searching hi and low for several months, you have finally found a private health insurance policy that fits into your budget and seems to offer most of the care you need. However, be aware that no two-health policies are alike, and there may be loopholes and lapses in coverage in some areas that may cost you extra money in the long run.
The laws of what a health insurance provider needs to provide in their policy is mandated by the state. Before signing on the dotted line, find state information about what your policy needs to cover legally. Read the information and picture yourself in any medical situation that may come up during your lifetime. With those scenarios in your mind, you can read your particular policy with a discriminating eye and discover some possible lapse in coverage that may turn out to be particularly important to you.
For example, do you plan on having a child in the immediate future? It is important to know that maternity coverage is not automatically included in your health plan. There actually may be a maternity rider you need to opt into before getting pregnant to ensure coverage during your pregnancy. Maternity coverage is a common loophole in a health insurance plan.
What if you are suffering from several dental problems, like an abscess in your gums? If the problem is determined by a dentist to be in your jaw line, it may be covered by your health insurance policy. But unless dental care is stated in the terms of your policy, you may be expected to pay those costs out-of-pocket.
What if you are a victim of a tragedy and are suffering from post-traumatic stress disorder? You need to know if your health insurance policy will cover treatment for mental health, as sometimes it can be excluded.
There can be possible loopholes in your health insurance policy. They may fall under the guise of prescription drug coverage, experimental treatments, maternity, mental health, dental care or preexisting conditions. To ensure you get the best value for your money, choose your policy wisely.