Frequently Asked Questions
- Individual and Family Health Insurance
Individual, or family, health insurance is also commonly known as personal health insurance or private health insurance. Most insurance companies offering this product will refer to it as individual health insurance. Family health insurance, where you, your spouse and your children are all on the same plan, is still referred to as an individual health plan. This is the type of policy you would purchase for yourself and your family if your employer does not provide insurance benefits to its employees. You may also consider family medical insurance if you are self-employed, unemployed or a student. Individual and family health insurance plans are available for newborns on up to the seniors at age 65.
- Short-term Health Insurance
Short term medical insurance, also called temporary health insurance, is designed to provide coverage for major hospital, medical, and surgical expenses incurred as a result of medically necessary care for a covered illness or injury. Coverage is provided for daily hospital room and board, miscellaneous hospital services, surgical services, anesthesia services, in-hospital services, and out-of-hospital care, subject to any deductibles or rate of payment provisions or other limitations which may be set forth in the policy.
- Small Business Health Insurance
It has been reported that over 60% of the U.S. population that has health insurance receives their health care coverage through an employer-sponsored group health insurance plan. Although the health insurance regulations may vary considerably from state to state, there are definite advantages to obtaining your health insurance coverage through an employer using large or small business health insurance plans. In fact, many employees will report that the most important benefit offered to them through their job is health insurance.
- Health Savings Accounts
Health Savings Accounts (HSAs) -- made available to consumers with the passage of the Medicare Modernization Act of 2003 – allow employers, employees and anyone else to contribute money to an account (the HSA), which an eligible individual uses to pay for qualified medical expenses until the deductible is reached.
- BlueCard Program
The BlueCard Program is a national program that enables members obtaining healthcare services while traveling or living in another Blue Cross Blue Shield (BCBS) Plan’s area to receive all the same benefits of their contracting BCBS Plan and access to providers and savings. The program links participating health care providers and the independent BCBS Plans across the country and around the world through a single electronic network for claims processing and reimbursement.
- COBRA Frequently Asked Questions
If you leave your job, or are fired from your position, you are entitled, under federal law, to continue receiving your health benefits. Under the Consolidated Omnibus Budget Reconciliation Act (COBRA), employers with 20 or more employees must give departing employees the option of continuing their health coverage at the worker's own expense (plus an administrative fee) for up to 18 months – including family coverage. Your employer is required to give you COBRA benefits paperwork when you leave your position.