VISTA Health Solutions

Most individuals are aware of the catastrophic health insurance plans. They are probably not aware that there are two different, yet similar catastrophic health insurance plans in existence. The traditional catastrophic health insurance plan is there for the individual when they are in need of additional medical health care coverage for hospitalization and unforeseen surgery.

The other, less known catastrophic health insurance plan is there as a comprehensive catastrophic health insurance, plan that is more closely related to the traditional health care insurance plans. The individual will have an unusually high deductible attached to the health insurance policy, but the average monthly cost for health insurance will be much lower than average.

Most individuals enroll with the catastrophic health insurance plan as a back up for when a catastrophic event does occur that was not expected. This is usually in combination with the Health Savings Account or HSA simply because there is a need for additional medical health care protection to cover the unforeseen costs that are usually involved.

Those fortunate individuals who have spent the majority of their life without much need for medical health care physician visits and never had a reason to step inside a hospital other than to visit with other friends who became ill. The traditional catastrophic health insurance plan is the best option.

The traditional catastrophic health insurance plan is also something to consider for those individuals who are in between the start of retirement and the beginning of Medicare eligibility. This is also a unique opportunity for those individuals who are self- employed or who are employed through an employer. The choice will really depend upon the medical health insurance needs of the individual. However, the same rules for exclusion to the catastrophic health insurance plans apply to each individual.

1.    Lifetime Diabetes and heart disease
2.    Emphysema, Aids, or HIV
3.    Tuberculosis
4.    Asthma and Cancer

Catastrophic health insurance, no matter which health insurance plan is best for the individual is a matter of choice. The best advice is to do your homework and research all that is involved. In most cases, the health insurance provider will require a physical examination to show where you are health wise at the moment before consideration in granting a catastrophic health insurance policy. This is not something that the individual will want to rush into so it is also a good idea to research other health insurance policies to see what is being offered.

There are a number of ways to manage health care, but it all begins with the personal finances of every individual and family. The health and well-being of every individual and family is the determining factor as to how much health insurance each will require to meet the demands and the needs of the individual.

Those who are basically healthy and are void of pre-existing conditions, at least for the moment, will not require a heavy-duty health insurance policy. Other individuals and families do have a list of medical conditions, some of which may be pre-existing conditions and they will require an affordable health insurance policy that will cover what they require.

Another determining factor will be the financial stability of the individual and the family. These are all factors that will be part of the decision when deciding on how, where, and which type of health insurance the person can afford. A majority of employers today are no longer able to include medical health insurance when they hire new employees.

Other employers who are able to offer a low cost health insurance policy to the employees will expect the employees to pay a portion of the cost, which is deducted from the payroll account. In this particular instance, with the employer and the employee paying part of the cost for the low cost health insurance policy, the health insurance coverage becomes more affordable.

Those individuals will begin to make a personal list of the type of coverage they will need to accommodate their personal medical records and that of their family. A few of the basic health insurance requirements for the average individual and family are the following:

·         Twenty-four hour hospital health care services

·         Emergency room availability

·         Access to ambulance services and outpatient health care services

·         Extensive rehabilitation services

·         Medical health care assistance for individuals with severe disorders

Depending upon your personal medical requirements will determine if you qualify for a high deductible limit or a low deductible limit. How much you will be expected to pay out of pocket for a medical health care physician visit. How much you will be expected to pay up front before registering at a hospital for needed surgery.

Other topics you might find interesting is what you will do should you require catastrophic health care because of an accident you just experienced. Will your health insurance provider be there for you to help you pay for the necessary surgery and rehabilitation treatment along with the necessary prescription medications?