In this post I will bring to light what is covered by most insurance companies and what Health Insurance companies are leaving for their costumers to deal with. Monthly for health care a premium must be paid. What is a premium? It is the monthly cost for coverage. According to Healthcare.gov, premiums can only be based on five factors. These factors are: age, tobacco use, location, individual or family enrollment, and plan category. The first one to look at in depth is age. Older people can get premiums that are three times larger than those of a young person. By the age of 46 the average premium begins to increase. By 60 a person's premium could be increased by around 3000 dollars. A young person is more likely to pay a significantly less. Another factor in higher premiums is location. This affects how much a person pays because of cost of living per state, local rules, and or competition of other insurance companies. Another factor that contributes to heath insurance companies premiums is whether or not the person receiving coverage uses tobacco. The idea behind this is, a person has the right to smoke, however with this bring higher premiums because a person who is exposing themselves to somewhere around 4000 chemicals and at least 70 carcinogens should have to be accountable for their actions. Smokers are not only putting themselves at risk but the effect from their second hand smoke is just as toxic. Since 1964 it is estimated that 2.5 million nonsmokers have died from second hand smoke. Another way the insurance premiums are determined is by who is on the plan. One of the questions is, is it only one singular person on the plan or are is there a family on it as well. Insurance premiums can increase based on who is on the plan. A plan that includes a spouse and or children will have higher premiums. Another way premiums are determined is the plans status. Plans range from Bronze, Silver, Gold, Platinum, and Catastrophic. The Bronze plan is the cheapest and it covers the most basic of plans.
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AuthorThis is a site in which I try to bring health issues that plague our world to light. Archives
January 2018
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