Texas Child Health Insurance

A growing number of parents have traveled to Texas Children’s Hospital in Houston, Texas. That Hospital offers an ever-expanding spectrum of specialized medical care for children. Of course, sensible parents know what they need to do before heading to Houston, Texas. Child Health Insurance provides the best coverage for such parents.

Texas Child Health Insurance, like Texas Children’s Hospital, provides support to parents who must care for children with special needs. Such parents appreciate the wisdom of abandoning a reliance on low cost family health insurance. Such insurance generally fails to cover the best medical care for each traditional family (a mother, father and siblings).

Parents with the very youngest children might have an infant with an inborn abnormality. The professionals at Texas Children’s Hospital demonstrate a commitment to top-rated care for pregnant women, fetuses and newborns.

Texas Children’s Hospital has on its staff, physicians with a recognized reputation. Parents recognize the amount of knowledge held by such doctors. Parents also understand that they need to have Texas Child Health Insurance, if they expect to schedule an appointment with one of the Hospital’s knowledgeable professionals.

Suppose, for example a couple learns that a child they have conceived has hydrocephalus (water on the brain). Doctors can identify that condition by studying the image created by a sonogram. Babies that have that condition demand fetal intervention. Such intervention can be expensive. Parents with Texas Child Health Insurance can cover that enormous expense.

Parents who have purchased on more than family care insurance could find themselves hit with a large bill, a bill that they would not be able to cover. Parents might, for example need to bring a child to the Blue Bird Circle Multiple Sclerosis Cline. The professionals at that clinic treat a variety of neurological illnesses.

Multiple sclerosis (MS) results from development of an autoimmune disorder. Children have been diagnosed with a whole list of such disorders: transverse myelitis, optic neuritis, neuromyelitis optica and others. Parents who have Texas child health insurance do not need to wonder about how they will pay for whatever treatment method might be suggested by an attending pediatrician.

Epilepsy is another disorder that can affect a small child. The parents of such a child do not need Medicare supplement insurance. They might consider paying for a blue shield or a blue cross policy. The parents of such a child should certainly give serious thought to buying Texas child health insurance.

When parents have their names on such an insurance policy, then they can expect to meet with a whole retinue of health professionals. They might meet with a nurse practitioner, a nuropsychologist, a neuroaudiologist, a neuropathologist, a dietician and a social worker.

When a family has purchased Texas child health insurance, then that family can hope to participate in numerous informal medical conferences, conferences about the progress of a child that has a special health condition. Many such conferences have taken place at Texas Children’s Hospital, thus providing students from Baylor Medical College with excellent bedside training.

Health Insurance And Insurance Brokers

If you are in the market to purchase your own  health   insurance  coverage you can save yourself precious time and money by shopping and comparing policies right online. Sites dedicated to giving you quotes on various types of insurance make it very easy for you to get an idea of what your coverage and costs will be. However, please be forewarned that there are some pitfalls in using an insurance broker as I discovered within the past year.

As a self employed person, I carry my own  health  and life  insurance  for my family. When making the move from New Jersey to North Carolina in 2004 I knew two things about our  health   insurance :

1. I would have to shop for a  health   insurance  provider covering North Carolina.

2. Rates would be cheaper than in New Jersey, with costs being about half of what I had been paying and with slight better coverage.

Several weeks before we moved I contacted a well known internet insurance broker and received quotes. We selected one company and received the paperwork from the broker about ten days before our move. Quite frankly, I wish I had started the process a little earlier as all of our free time was dedicated toward preparing and making the move. So, I ended up packing the paperwork with my personal stuff and was only able to fill it out and submit it one week after our arrival in North Carolina.

Dealing with the online insurance broker was a simple task, but I soon discovered that they were an extra step in the application process, one that only slowed down our approval.

Once the paperwork was received by the broker, they acknowledged the same via email and mentioned that they would review our package before forwarding it to the  health   insurance  company.

Over the next couple of weeks we received messages from the insurance broker stating the following:

1. We are in the process of reviewing your application.

2. We have sent your application off to the insurance company.

3. The insurance company has your application and will be reviewing it in about one week.

4. The insurance company expects a delay in reviewing your application due to the high volume of applications received.

5. Please do not contact the insurance company directly; we will keep you posted as to the status of your application. Yeah, right.

Originally, we were assured by the  insurance  broker that the  health   insurance  company would review and approve our application within two weeks. Follow up phone calls by us to the broker along with several exchanges of emails revealed that this was not going to happen. In addition, when we contacted the  health   insurance  company directly – at the encouragement of the broker – the  health   insurance  company had difficulty finding our application. Within a few days the application was found sitting in another department; our contact at the  health   insurance  company blamed the broker for sending the information to the wrong address.

As it turned out, the original insurance quote we received online was off by just over 20%. Once the  health   insurance  company determined that certain pre existing conditions needed to be factored in our rates rose accordingly. Of course, when working with the internet broker we knew that the rate quoted wasn’t ‘absolute’ but the big jump was still a bitter pill to swallow.

Among our thoughts at that point in the process were:

1. Had we known ahead of time that our “final rate” would be so high, we would have shopped around some more.

2. Because of the delays and the passage of time, we needed to complete the application process as our coverage with the NJ health provider would need to be canceled, preferably by the end of the year.

By the middle of December, a full ten weeks after we submitted our paperwork, we received official notification that our application was approved and that we were covered. During the last couple of weeks of the lengthy application process we contacted the  health   insurance  company directly several times to learn what the status of our application was. At no time during the process were we assured that we would receive approval; essentially we were told that coverage would begin pending approval.

In conclusion, I offer the following recommendations for shopping for  health   insurance :

1. Comparison shop online. Get quotes through the online brokers to get a general idea of what your costs will be. If you have pre-existing conditions, the prices quoted will not be reflected in your quote.

2. Narrow down the list of companies quoted to three and then contact them directly. Bypass the broker as they are an unnecessary additional step in what certainly is not a quick approval process.

3. If you need insurance by a particular date, apply well in advance to allow for delays, for misplaced paperwork, changes in your application, etc. Our  insurance  coverage was approved effective a specific date, but we were able to move it to another date to coincide with the dropping of our NJ  health  care provider.

In all, the experience was wearisome at times and a real eye opener. I know you see ads all the time for online insurance quotes. I am not saying to avoid the sites, but please consider what we went through before using an online broker exclusively.

Health Insurance is a Must For Everyone

Health is wealth indeed. But one hardly thinks of insuring oneself against possible illness until it is too late. Health insurance is a necessity in today’s world. The cost of medical care and treatment has soared to new heights in recent years and is expected to rise even further in the years to come.

What is health insurance?

Simply put, health insurance is protection against medical costs. Non-life insurance companies offer health insurance. However, it can be bought as an additional benefit rider with your life insurance policy but has some limitations. Depending on your policy, your premium may be payable either in lump sum or in installments. Health insurance usually provides either direct payment or reimbursement for expenses associated with illnesses and injuries. The cost and range of protection provided by your health insurance will depend on your insurance provider and the particular policy you purchase.

Why do you need health insurance?

Think for a moment about the enormous medical costs that you would incur if you suffered a major injury tomorrow or were suddenly stricken with a life-threatening illness. Uninsured people live with such risk every day of their lives; health insurance can shield you from that risk. Even if you’re healthy today and have never had any major problems in the past, you simply can’t predict the future.

The escalating cost of medical treatment today is beyond the reach of common man. Research indicates that life expectancy at 50 is likely to go up from 8 years in 1971 to 18 years by 2021. Rising cost of healthcare and increasing life span will cause the current generation of working class to think about a prudent mix of investment and risk covers to meet future challenges.

In case of a medical emergency, cost of hospital room, the doctor’s fees, medicines and related health services can work out to be a huge sum. In such times, health insurance provides much-needed financial relief.

Still not convinced? Well, it also provides you with tax benefits. Section 80D 2A of Income Tax Act allows you a deduction upto Rs. 15,000 per annum for the premium paid to service a medical insurance policy for you and your family. If you are also paying for the medical insurance premium of your parents, you get an additional deduction under section 80D 2B upto Rs. 15,000 per annum. If your parents are senior citizen (i.e., attained 65 years of age), this additional deduction limit is raised to Rs. 20,000. It is a great tax saving option and can play wonders. However, one should look upon health insurance as a necessity rather than as a tax saving option.

What you need to know about Health insurance?

You should understand the policy, and become familiar with common health insurance provisions, including limitations, exclusions, and riders. It’s very important to know what your policy covers, and what you will have to pay from your own pocket.

Health Insurance policies generally cover boarding, nursing and diagnostic expenses, which include room rent charged at the hospital or nursing home, fees of the surgeon, anesthetist, doctor, etc. Some policies even offer fixed cash amount for each day you stay at any hospital for treatment. Once out of the hospital, your expenditure on further treatment over 60 days may also be covered.

If you have a persistent health problem and then decide to take insurance, it might not be covered. Expenses on hospitalization, incurred in the first 30 days after taking a policy are also not entitled, except in case of an injury from accident. Treatment of certain diseases is not covered during the first year of your policy. The list of diseases may vary from one health policy to another.

Popular health insurance product “Mediclaim” offered by four subsidiaries of GIC does not cover costs of acquiring spectacles, contact lenses or hearing aids. Expenses on dental treatment or surgery of any kind are also not covered unless requiring hospitalization. Expenses on treatment of situations arising from or traceable to pregnancy or childbirth, treatment of AIDS and naturopathic treatment too are not covered.

Under Mediclaim, coverage of hospitalization is subject to a minimum of 24 hours except in case of dialysis, chemotherapy, radiotherapy, eye surgery, dental surgery, lithotripsy, tonsillectomy; D & C taken in the hospital and the insured is discharged on the same day.

You do not need to be treated in any particular hospital to be eligible for the cover. However, the hospital you choose must satisfy some conditions. Firstly, it should have at least 15 in-patient beds for ‘A’ & ‘B’ class cities and 10 in-patient beds in class “C” cities. Fully qualified nursing staff must be under its employment, round the clock. Lastly, it should have a fully equipped operation theatre.

When to get health insurance?

Normally you can take a medical insurance any time. The age limit is from 5 to 75 years. Even at the age of 60, you can get a policy for the next 15 years. But you can’t insure yourself against any disease you already have. And it gets costlier with age.