Vista health plans are offered to members living in Florida and are part of the Coventry family of insurance providers. With the rising cost associated with most modern group health insurance coverage plans, more individuals, families and companies are turning to more affordable individual health plans. Unfortunately, one of the big drawbacks to such plans for employees is that the employee must then pay additional premiums for dependent coverage. In other words, the company provides individual plans. If an employee wants family coverage, they must pay the difference in premiums to cover their spouse and children.
Although, the product is an HMO which means there is a certain level of freedom not at the insured members disposal which would be available under a PPO type setting, the trade off is better coverage and a much better price in respect to monthly premiums. In the new economy, this might not be considered such a bad trade off. With an HMO the insurance company pretty much dictates the level of care you have access to whereas with a PPO at first glance it appears you have more freedom. But that is not always the case.
For example with a PPO, if you want dental or vision, guess what this is extra and means you pay more these benefits. With an HMO product like Vista, these benefits are all inclusive and guess what? It is often a lot cheaper. So how can you get this type of coverage? Well, even though these benefits are normally available to groups or companies, unfortunately you have to go through a process called medical underwriting. Medical underwriting is the process in which an insurance carrier takes a retrospective review on your medical history to determine if you can or cannot be provided the insurance applied for.
Medical underwriting is something which is almost impossible to avoid when trying to obtain individual health insurance coverage. The process is the insurance carriers way of determining if the premium paid by the insured member will justify his or her cost in terms of medical expenditures. Even though the whole process might seem to be somewhat of a pain, it might be worth your time and money if one can actually qualify for the health plan.
If you would like more assistance on being educated on this insurance company or would like to see if you can save money on your health care come visit us to see if we can help.
save 50% off on health insurance
