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Group Health Insurance vs Individual or Family Health Insurance

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Nevada Insurance Enrollment Answers What Type Of Insurance Do I Need?

LAS VEGAS - eTradeWire -- Trying to determine what insurance you or your family need or qualify for can be a struggle.  Do you need group, private, or family insurance? Read this article to find out which one would be best for you.

Private Health Insurance
When an individual or family shops and selects their own health insurance policy, whether the coverage has a Government subsidy or not, this is a private health insurance plan.  A major medical plan will cover your medical bills, hospitals, surgery, doctors, labs, prescriptions, mental health, maternity, preventative visits, etc.

If your plan only pays a certain dollar amount, like $1,000 for emergency room, it may be a "limited liability" health coverage plan.  This is NOT a qualified health plan.  A major medical plan will cover all the above-mentioned items and more, without a cap.  You will have a "maximum out of pocket" limit, which means, once you meet your out of pocket max, the insurance company will pay for everything else up to no limits.

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Group Health Insurance
Group insurance is something you become eligible for with employment, either through your employer or a spouse or parents employer.  Your employer will pay a percentage of your premiums for you, and sometimes they'll help pay for spouse and dependents, but they are not required to do that.  The group insurance plan, however, has to offer it to the spouse and dependents, but isn't required to pay for them.  They may offer to do so but are not required to.

Read the full article: https://www.nevadainsuranceenrollment.com/group-health-insurance-vs-private-individual-or-family-health-insurance/
Learn more: https://www.nevadainsuranceenrollment.com/individual-family-health-insurance/
Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554
Website: NevadaInsuranceEnrollment.com

Nevada Insurance Enrollment
Shelly Rogers

Source: Nevada Insurance Enrollment

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