What to Watch Out When Buying Health Insurance

When you are looking to purchase any kind of insurance be careful that you aren't paying extensively for service you don't need or will never use. If you feel that you do need insurance, make sure your most important needs are covered. Shop around for the most specific plan to your needs, that will cover the most services for a reasonable price. Be aware that there are scams out there. Here are some things to look out for.

Insurance salespersons are required to have licensing. Call the state and make sure that they are licensed. To sell any kind of insurance in the US, you MUST be a licensed professional. If you cannot verify certification, that is a major red flag.

It should be easy for you to get in touch with them in case of a problem. You should understand exactly what they will pay for and exactly what you have to pay for. Your monthly expense should fit your budget. It should never be a hassle to get a reimbursement. There was a scam for thousands of dollars a person for unlicensed and unregulated, self-funded health insurance. (unpaid claims) That means these people had to pay out of their pockets, to the con artists and to their hospitals.

If the premiums are exceptionally low and there is no regard for pre-existing conditions, beware. There are many complaints about doctors who lack the necessary skills and poor clinic conditions that accept the given insurance. These are substandard places, or they should be considered sub-standard.

They should offer a list of providers before you pay, not after. As with any scam, money is the trade for information. If you are not given all the information you feel comfortable knowing before you pay, then don't pay. Hard copy information with details about their plan should be available to you free of charge.

Get to know the insurance lingo. If they don't use the word insurance, maybe they aren't really offering any. The newest scam is Global Healings Society and The Community Financial Bond websites claim that by assurance, ins! tead of insurance, they will be able to support each other. Claims are not paid because the organizations say that the necessary numbers to make the system work are not being met. Money is being poured into this system that apparently does not work.

Also, recently, there have been thousands of complaints about customers feeling that they have been overcharged in medical billing. It turned out that they were! By hospitals themselves no doubt. I mean thousands of people! In reality, only 30% of these complaints were valid, however, that is quite a few considering over ten thousand complaints, and perhaps those who did not report anything.

Do your homework before you sign up for an insurance plan. Find out the details on what you are responsible for paying, and exactly what they will cover. You have a right to the information of how much any stay, treatment or procedure at a hospital will cost. Don't just take the first option you see. Shop around for the best legitimate deal, and earn and save as much as you can for the unexpected.

Lynsey Sayer is a woman on a mission. Three years ago she was involved in a serious car accident and she lost her 6-year old boy whereas she herself was paralyzed. When she tried to claim the insurance, she was told that the company that she bought the insurance from was not licensed and her claim was rejected. It took her three years to fight for her rights despite bearing the lost of her child emotionally. Today, she educates people on buying insurance. Find out more about her at http://www.itisinsurance.info/car-accident-insurance-claim--regarding-impacts-and-injuries.html