There are nine basic kinds of Arizona group health insurance, and most affordable Arizona group health insurance plans will offer at least a variety of each kind of insurance coverage in the overall Arizona group health insurance plan.
Major Medical Expense
Major medical expense covers just that – major medical expenses. Policyholders usually have a deductible of medical expenses they must meet before the insurance kicks in and begins covering a certain percentage of medical costs.
Disability Income Protection
Disability income protection provides you with a percentage of your regular paycheck on a particular time basis (weekly, monthly, etc.) during a specific time period.
Accident Only Coverage
Accident only coverage provides compensation for accidents, including those resulting in death, loss of vision, a limb, and medical costs.
Specified Disease or Specified Accident
Benefits under this coverage only cover a particular disease or accident.
Medicare Supplement
The Medicare supplement is usually not included in employer-based Arizona group health insurance, but is a wise investment since Medicare doesn't always cover all medical costs.
Long-term Care
Long-term care is another type of coverage that may or may not be offered by an employer-based Arizona group health insurance, but is a wise investment should you ever need skilled long-term care assistance.
Health Maintenance Organizations (HMOs)
Many affordable Arizona group health insurance plans are HMOs, meaning, you choose a primary care physician based on a list of HMO participating doctors; he or she will refer you to medical specialists should you need to see them.
Preferred Provider Organizations (PPOs)
Similar to HMOs, PPOs allow you to choose from a network of doctors; however, you may choose a doctor not included in the PPO and pay a higher deductible or co-payment.
