No one plans to become ill or be injured, but it happens to all of us at one time or another. Just one serious illness or an emergency medical procedure can have a severe impact on your family’s financial well being. For example, a three-day hospital stay can cost as much as $30,000. Health insurance helps you prepare for and manage the costs of your family’s care, including those unexpected illnesses or injuries, as well as regular doctor’s visits.
Having adequate health insurance will also encourage you and your family to seek preventive care through regular check-ups, allowing you to take charge of your health and live a longer, healthier life. Many common conditions, such as diabetes, heart disease and thyroid problems, can be detected early and treated. Left untreated, they can result in costly and more extensive care later on, and they may shorten your life.
Health insurance may be one of the more expensive forms of insurance, but when you compare the cost of premiums against the increasing costs of surgery, other medical procedures and prescription medicine, healthcare insurance premiums are a good value. In fact, many brand-name drugs have doubled in price since 2007 while the consumer price index rose only 12 percent, according to a health industry study. With some health plans, you pay for coinsurance for prescription medicines, often as much as 30 percent of the cost of the drug. Other plans require a copay, or a fixed amount, for each medicine.
The federal Affordable Care Act, which took effect this year and requires everyone to have health insurance, allows you to purchase a policy at low cost directly through a Health Insurance Marketplace, the so-called exchanges. The choices can be complicated and confusing. At Alliance Insurance Services, we are prepared to help you understand the implications of the new law and to help you purchase the health insurance that’s right for you. You pay the same premium, but we ensure you get signed up correctly through the health insurance marketplace. With offices in Winston-Salem and Walnut Cove, we can walk you through the process. We have helped over 500 clients sign up for health insurance through the exchange in the past year. This service is free, but customers are asked to call for eligibility requirements.
To be sure, there are many questions to answer when purchasing health insurance. Doctor’s visits are one of the most common things covered by health insurance, as are services such as hospital stays, emergency room visits, and inpatient substance abuse treatment. Most health insurance policies have out-of-pocket expenses through co-pays, coinsurance and deductibles.
It will pay for you to have access to a health insurance professional, such as an Alliance Insurance Services agent, to help you navigate the complicated world of health insurance so that you make the right decisions for yourself and your family.
The Alliance Insurance Services Guarantee
At Alliance Insurance Services, we believe that when it comes to selecting an insurance agent, the most important factors are Protection, Price, and Service. Protection of your most valuable assets is what insurance is all about. As your insurance agent, it is our job to make sure you are adequately insured.
As an independent insurance Agent, we represent more than 20 top-rated insurance companies. This means we shop your health insurance for you, offering you the best possible coverage for the best price.
When you have a question, concern, or problem, we are here for you! From setting up your policy, to assisting you with filing a claim, we serve as your personal insurance advisor. We have offices in Winston-Salem and Walnut Cove. And our Summit Square Boulevard office in Winston-Salem has extended hours (until 5:30 pm Monday thru Friday) and every Saturday for your convenience.