What is the difference between Health Insurance and Health care Program?
July 29, 2010 by
Filed under health insurance
Is it OK to have just the health care program and not have the Health Insurance Plan? I can get Health care program for half the monthly premium as compared to the Health Insurance Plan. Please advise? Is it advisable?
You don’t say what country you are in, your age, or anything much else.
It doesn’t matter what these are called. You have to compare:
What doctors you can see (any doctor? one in their network?)
What kind of doctor you can see (do you have to go to a primary care physician first, before you can see a specialist?)
Whether hospitalization is covered
What is the deductible (the amount out of pocket before they pay anything each year)
What is the co-pay (the amount you pay each time you use the insurance)
How likely are you to use the benefits?
Then make up a situation – you fall off a bike and break your arm, or you catch something serious. Figure out how you will benefit from each plan.
Of course it is okay, as long as it suits your needs. I would actually combine a high deductible ins with a health care program for best coverage for the $ spent monthly. I recommend MySimpleCard.com for its cost effectiveness.
Health insurance is the one that pays for your medical expenses should you incur one. While health care program is designed for the continuity better living despite health disability.. Long Term Health Care Program is best be planned ahead.
If you find it suitable for you, then it’s fine. Otherwise, seek for a medical/legal health expert for a better advise.