Health Insurance

Background

Health Insurance

Having the proper health insurance coverage can literally be a matter of life or death. We’ll make sure you’re family is properly covered with health insurance premiums you can afford.

What is Health Insurance?

Health insurance, known as medical insurance is a type of insurance coverage that essentially covers medical and surgical expenses, as a result of sickness or injury. Helps protect the insurance against financial losses that could be caused by expensive medical treatment.

Health Insurance Types

Health Maintenance Organizations (HMOs)

  • HMO is a type of managed care organization.
  • With an HMO you must choose a Primary Care Physician (PCP) from a network of local healthcare providers.  This is the doctor that you will see when you need medical care.   A network is a list of doctors, hospitals, and other health care providers that provide medical care to members of a specific health plan. If you use a doctor or facility that isn’t in the HMO’s network, you may have to pay the full cost of the services provided.
  • HMO members usually have a primary care doctor and must get referrals to see specialists within the HMO’s network.

Preferred Provider Organizations (PPOs)

  • PPO plan offers a network of healthcare providers you can use for medical care.
  • PPO plan does not require you to choose a Primary Care Physician (PCP).
  • You can visit any doctor without a referral at anytime.
  • On a PPO you have a choice of getting care within or outside of a provider network. With PPO you may use out-of-network providers and facilities, but you’ll have to pay more than if you use in-network ones.
  • A PPO Health Insurance plan provided more choices when it comes to your healthcare.

High Deductible Health Plan (HDHP)

  • High Deductible Health Plans typically feature lower premiums and higher deductibles than traditional insurance plans.
  • If you have an HDHP, you can use a health savings account to pay for qualified out-of-pocket medical costs. This can lower the amount of federal tax you owe.

Catastrophic Health Insurance Plan

  • A catastrophic health insurance plan covers essential health benefits but has a very high deductible. This means it provides a kind of “safety net” coverage in case you have an accident or serious illness.
  • Catastrophic plans usually do not provide coverage for services like prescription drugs or shots.
  • Premiums for catastrophic plans may be lower than traditional health insurance plans, but deductibles are usually much higher.
    Contact us to learn more about the right health insurance for you.
(641) 856-3375
112 North 12th Street
Centerville, IA 52544​
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