Reno major medical insurance
A Reno health insurance plan, which is sometimes referred to as a “Reno major medical insurance policy” is a plan that covers all minimum benefits. The Affordable Care Act, which is also known as Obamacare, set these rules. These policies will also protect you from paying any more than a specified amount listed in the plan. This is your “max out of pocket”. Right now, the largest that dollar amount can be is $7,350. That amount gets lower with higher tier plans. This means that in a calendar year when you enroll in one of these plans, you will pay no more than $7,350 in medical expenses. A major medical health insurance Nevada plan will always have the minimum essential benefits and a maximum out of pocket.
Although the $7,350 max out of pocket may seem like a lot of money, it is a small number in comparison to the costs of a medical emergency.
For example, a medical emergency resulting in a few nights in a hospital and surgery would cost tens if not hundreds of thousands of dollars. Once you start adding on additional fees, like ambulance services, the bill can become astronomical. Right now, in the United States, medical bills are the number one cause of bankruptcies. If you were enrolled in the least expensive Reno major medical insurance plan, then $7,350 is the most you would pay. The insurance company covers 100% of medical expenses after that. This means you have complete coverage for any follow-up procedures you may need. This is true even if another incident happens that is totally unrelated to your original medical emergency.
Your major medical insurance plan also provides all the minimum essential benefits.
There are ten of these benefits that every qualified plan must have. They are:
1. Ambulatory patient services
2. Emergency services
4. Maternity and newborn care
5. Mental health and substance use disorder services
6. Prescription drugs
7. Rehabilitative services
8. Laboratory services
9. Preventative and wellness services
10. Pediatric services, including dental and vision care
Call our office at (775) 828-1216 or explore our website if you would like more information on major medical insurance or if you would like to enroll in a plan. As your health insurance broker, we can provide expert advice on the policy that best fits you and can help you get enrolled. Most of all, we are of no cost for you to use. You will also pay the exact same amount for the policy whether you use our services or not.