Health Insurance for Small Business – The best plan is a great agent Pt 3
Each time I come into contact with a potential client or speak to one of the referrals of my clients, I ask some specific questions that directly relate to the plan that the particular individual currently has in his file or in the drawer. You know the plan they got Health Insurance Quotes 2020 here https://www.healthinsurancequotes2020.com to protect them from having to file for bankruptcy owing to medical debt. That plan they bought to cover the life-saving organ transplant of $500,000 or those 40 treatments for chemotherapy that might need to suffer if they are diagnosed with cancer. So, what in your opinion do you think happens most times when I inquire about these basic individual questions about their health insurance plans? They do not know the answers! The following is a list of 10 questions I often ask a health insurance client. Let us see how many you can respond to without looking at their plan.
- With which Insurance company are you insured and what is the name of your health plan?
- What is your deductible tax year and are you going to pay a separate franchise for each family member if everyone in your family gets sick at the same time? (For example, most health plans have an annual deduction per person, for instance, US $250, US $500, US $1,000 or US $2,500.) Meanwhile, some plans require that you pay a maximum deductible of 2 people each year, although everyone in your family might need extensive medical care.)
- What is your percentage for coinsurance and what amount in dollars (stop loss) is it based on? (For example, a good plan with 80/20 coverage means that you pay 20 percent of the dollar value. This dollar value is also known as a stop loss and may vary depending on the type of plan you buy. $ 5,000 or US $ 10,000 or up to US $ 20,000 or there are some policies in the market that DO NOT have dollar value in stop loss.)
- What is your maximum expenditure per year? (for example, all franchises plus every percentage for coinsurance, in addition to all access fees applicable or other fees)
- What is the maximum benefit throughout life that the insurance company will pay if you become seriously ill and your plan has “sick” limits or limits? (For example, some plans may have a maximum of $ 5 million, but may have a maximum benefit of $ 100,000 per illness.) This means that you would have to develop many separate and unrelated fatal diseases, costing $ 100,000 or more. less, life coverage.)
- Is your plan a calendar plan, to the extent that you only pay a certain amount for a specific list of procedures? (for example, Midwest National Life, Mega Life & Health approved by the National Autonomous Association, NASE is famous for approving calendar plans) 7. Your plan has a co-pay doctor and you are limited to a given number of co-pay visits for a doctor each year? (For example, many plans have a limit of how many times they go to the doctor per year for a co-payment and, often, the limit is 2-4 visits.)