Major Medical vs Other Types Of Health Insurance Coverage

LAS VEGAS - Oct. 3, 2022 - PRLog -- A serious illness or injury can have a lasting impact on more than just your health; it can take a significant toll on your finances as well. Too many Nevadans spend years saving to pay off a home or to enjoy a comfortable retirement, only to watch their hard-earned savings and future earned income disappear because of a medical emergency. Very few people are wealthy enough to be self-insured; the rest of us rely on major medical health insurance to protect us from financial hardship.

One of the goals of the Affordable Care Act was to do away with skimpy health insurance plans that don't provide adequate coverage. There continues to be short term insurance plans, mini medical plans, indemnity plans, etc. These plans have limits, and many have underwriting qualifications to get them. Desperate Nevadans and sometimes income strapped Nevadan's who are searching for budget-friendly health insurance options may be drawn to these plans because of their low monthly premiums.

KNOW WHAT YOU ARE BUYING! While these plans may look and sound like major medical health insurance, they do not provide the coverage that many customers expect. Sometimes you may run into agents that sell these products in a deceitful manner making them sound like they will cover you like an ACA (Obamacare) plan would. But they are not designed to cover you like an ACA plan.

Different Types of Health Coverage
There are two main alternatives to major medical health insurance: fixed benefit indemnity plans and medical discount cards.

Read the full article: https://www.nevadainsuranceenrollment.com/major-medical-v...

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Nevada Insurance Enrollment
4260 W. Craig Road suite #150-A
North Las Vegas, NV 89032
(702) 898-0554
Website: NevadaInsuranceEnrollment.com