What is a high-deductible health plan?
High-deductible health plans (HDHPs) typically have high deductibles but can be paired with a health savings account (HSA).
A policyholder’s financial responsibility for routine appointments, prescription drugs and most minor care may be quite substantial. There generally is coverage for more expensive care, though, and the policyholder can save money within an HSA. HSAs offer tax benefits if the money saved in them is used for eligible medical expenses.
Does private health insurance provide dental and vision insurance?
Dental and vision normally don’t fall within the scope of private health insurance. While health insurance might cover dental or vision procedures in the event of major trauma, routine care normally is covered by dental insurance and vision insurance.
Dental and vision policies are usually distinct from health policies, and purchased separately. An insurance agent who’s familiar with health policies can likely assist with these other policies as well, however.
How much does health insurance cost when purchased privately?
Premiums for health policies vary greatly, because there are many factors that impact how much coverage costs. Everything from a policyholder’s age, gender and other personal information, to a policy’s deductibles, coverages and limits can impact cost.
The easiest way to find out how much health insurance will cost in a specific situation is to work with an experienced insurance agent. An experienced agent will know how to determine what coverages, deductibles and limits should be included in a policy, and then how to compare policies that offer the desired terms.
How can Massachusetts residents get personal health insurance?
For assistance with personal health insurance, contact the independent insurance agents at Norwood Insurance Agency. Our agents can help you compare coverage options from multiple insurance companies that underwrite policies in Massachusetts, and we’ll make sure you find one that provides solid protection for you and/or your family.