What is Health Insurance?
Health insurance is coverage that provides for the payments of benefits as a result of sickness or injury. Includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment.
Health Insurance Types
Health Maintenance Organizations (HMOs) and Exclusive Provider Organizations (EPOs)
We offer Major Medical, Short Term Health and Ministry Health Share plans
Major medical health insurance covers all the minimum essential benefits and meets the standards of the Affordable Care Act (ACA) for individual and family coverage. Many individuals and families select major medical coverage to ensure all their medical expenses are covered no matter what health concerns might occur throughout the year.
Major medical health insurance plans are the type of insurance people are referring to when they talk about typical health insurance coverage. These comprehensive plans comply with the ACA’s regulations for qualifying health plans and are designed to minimize out-of-pocket expenses for individuals and families.
Major medical insurance plans offer the ten essential benefits:
Short Term Health Plans
Short-term health insurance plans provide limited, but affordable benefits when compared to a major medical plan that meets all of the benefit requirements of the Affordable Care Act (ACA or Obamacare).
You can choose between a maximum of 3 months, 6 months or 364 day plans. The plans including the deductibles are resets at the end of each period.
They start quickly – In some instances, you can have short-term coverage in place within 24 hours.
They’re affordable – Between April and June of 2014, the average individual eHealth customer paid $107 per month, on average, for short-term coverage – however, short-term coverage is more limited.
They cover emergencies – Most short-term health plans are designed primarily to provide you with coverage and protection from unexpected injuries and illnesses that require emergency medical care.
They satisfy many non - government requirements for insurance – If you need to verify that you have health insurance for travel, or in order to get admitted to certain types of schools, like nursing or dental schools, short-term plans often satisfy those coverage requirements.
You can cancel easily – When you apply for short-term health insurance, you’ll typically have the option to pay for your coverage all at once, or you can pay month-to-month. If you pay month-to-month, it’s very easy to cancel your plan at any time.
They not have to cover pre-existing conditions.
Some plans include preventive care but with a copay.
They have limits on how much they have to pay per incident and lifetime.
These plans are designed to be gap coverage between major medical plans. Recent law changes have relaxed the rules so that companies can offer these plans as alternative to major medical plans but do not have to compliant with major medical regulations.
Ministry Health Plans
appointed to the position or by committee vote), the request is paid directly to the healthcare provider by using funds from other members’ savings accounts.
As with traditional health insurance policies, there is usually a set amount that each family (or individual) has to pay before submitting requests to the program for assistance. This amount can range from about $500 to $10,000.
Members are part of a preferred provider organization (PPO), which means they receive pre-negotiated rates when they use providers in that network. If a member uses a non-PPO physician or facility, they may have to pay out-of-network prices or even shoulder the entire bill.
Raleigh, NC 27613
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We are licensed in North Carolina, South Carolina, Georgia, Tennessee, Kentucky, Virginia, Florida, Missouri, Ohio and Pennsylvania
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