What is Health Insurance?
Texas health insurance is a type of insurance coverage that allows you to have medical care costs paid. Texas health insurance is similar in some ways to auto insurance. When you buy car insurance, you transfer the financial risk of an accident to your auto insurer who has to pay when you get into a car accident. With Texas health insurance, you transfer the financial risk of medical care to an insurer. If you need medical treatment, the health insurer has to pay.
What Does Texas Health Insurance Cover?
Health insurance is more complicated than auto insurance because there are so many different types of medical care you might need and so many different things that can go wrong with your health. As such, there is a wide variety of different kinds of coverage you can buy when you purchase health insurance in Texas.
You can buy Texas health insurance that provides comprehensive coverage for you and your family members. This type of health insurance might cover doctors’ visits for preventative and routine care. It might cover prescription drugs, visits to the eye doctor, dental care, eye glasses, and any other costs that you incur in order to take care of your health. It could also coverage the costs in the event of a serious illness, such as paying for chemotherapy, heart surgery, brain surgery, or other medically accepted treatments. You might have a deductible (an amount you have to pay before the insurance kicks in) or you might have to pay a percentage of your costs (co-insurance), but you could otherwise pretty much pass all of the expenses of your healthcare on to an insurer.
On the other hand, you could also buy more limited types of insurance protection. For example, you could buy health insurance that has a very high deductible, so you basically will take care of your routine medical costs and the insurance kicks in only once your medical care has become very expensive. You could also buy insurance that covers routine care but that leaves you responsible for your own dental, vision, or prescriptions.
The number of combinations is virtually endless, so you will need to compare the different Texas health insurance policies available and choose the level of coverage that works best for you. It is important to understand that the more coverage you buy and the more costs you want to pass on to the insurer, the more expensive your Texas health insurance will be. In other words, a high deductible plan is going to cost you a lot less than a comprehensive care plan that covers everything.
How to Buy Houston Health Insurance
Many people obtain Texas health insurance through their employers. However, this is not possible in every situation. If you do not have insurance through your employer, you should compare insurance policies careful and decide on an appropriate balance of cost and coverage. A Texas health insurance expert at Selected Benefits can provide you with assistance in choosing the right insurance policy for you.