7 types of health insurance in the US that you should know

Health insurance plans in the US all differ in features, how they work, and benefits. Since the outbreak of the pandemic, Americans' demand for health insurance has increased. However, there are so many types of health insurance that many people are confused in making a choice.


7 types of health insurance popular in the US

Unlike life insurance purchased by the main employee in the family, health insurance is purchased on behalf of all members. There is no best insurance policy, only comprehensive policy and maximum coverage. Here are 7 types of health insurance in the US that you need to know.

Personal health insurance

Personal health insurance or Mediaclaim is insurance purchased in the name of an individual, the premium will be based on the age and amount of insurance of the buyer. When using private health insurance in the US, you will be reimbursed by the insurance company for the costs incurred, called an indemnity policy. They will cover the costs if you stay in the hospital for at least 24 hours.

Family health insurance

The second US health insurance you need to know about is the Family Floater. This coverage is similar to individual insurance. Benefits are largely the same and all family members are entitled to them. Health insurance premiums are lower than individual health plans.

Critical illness insurance

Unlike other insurance packages, insurance for people with critical illnesses will not depend on the hospital costs you treat. The policy will pay the full amount when you contract a specific critical illness. All insurance companies cover 10-12 critical patients or more. These include coronary artery surgery, heart attack, cancer, stroke, kidney failure, aortic surgery, organ transplant, heart valve replacement, and paralysis.

Daily expense insurance for hospital

As its name suggests, hospital daily expense insurance is a health insurance program where participants will have to pay a fixed amount daily upon admission. Regardless of the hospital bill that includes room, doctor's fees, and other fees. The cost of the insurance plan will depend on the number of days selected by the insured.

Standard medical insurance

There are so many different types of health insurance from insurance companies that you are confused about which one to choose? Arogya Sanjeevani health insurance with standard policies from the insurance company is the option for you. The standard health insurance product is aimed at basic healthcare needs, allowing for a seamless transition between insurers. This insurance has only one indemnity policy that operates on a reimbursement basis.

Insurance based on Covid-19 symptoms

Covid-19 symptom-based coverage has a Corona Kavach policy that covers hospital bills based on symptoms of Covid-19. In general, these types of insurance are indemnification and your hospital bills will be reimbursed.

Hospital fee insurance due to Covid-19

The last type of health insurance in the US that you need to know about is the Corona Rakshak health insurance plan. This category only covers hospital bills due to Covid-19 and is available from insurance companies, including life insurance companies. In Corona Rakshak insurance, the full amount of insurance will be paid to the buyer as it is a benefit-based package received by the buyer.

Why do you need health insurance when immigrating to the US?

The cost of American healthcare is very expensive. A single check-up at a private clinic can cost several hundred dollars, even tens of thousands of dollars if you stay in the hospital for 3 days or more depending on the type of service.

It can be seen that the need for health care in the US will consume a large amount of money, from medicines to hospital fees. Besides, no one can predict what their own health will be. Therefore, buying health insurance in the US after immigrating to the US will help you minimize risks and reduce costs when unfortunately encountering an accident or illness.

Where to buy health insurance?

Health insurance companies all have an affiliated network of doctors, hospitals, laboratories, pharmacies and other organizations to provide customers with the most affordable medical and treatment fees. .

If your place of care is not in the insurance network, the health insurance company may not pay for the services you receive or may only partially pay for the care covered by the coverage. dangerous. Therefore, to save maximum costs, you should register for medical examination and treatment at facilities that are part of the insurance network.

What do health insurance services in the US cover?

The mandatory health insurance plan in the US will include some of the following health care services:

  • Emergency services
  • Hospitalize
  • Lab test
  • Maternity and newborn care
  • Mental health care and substance abuse treatment
  • Outpatient care (including doctors and other services you get outside the hospital)
  • Pediatric services, including dental and vision care
  • Prescription drugs
  • Preventive services such as immunizations and chronic disease monitoring
  • Rehabilitation service

Above are 7 types of health insurance in the US as well as information related to health insurance that you should know. Even if you don't regularly get medical care, you should consider using health insurance to avoid possible risks as well as the price increase of health care services.