At the time of COVID-19, Have You Checked your Individual & Family Health Insurance Plan and Benefits lately?
June 30, 2020 04:56 newlambertagency CoronavirusFamily Health Insurance planhealth insurance benefitsHealth Insurance covered Covid-19Individual Health Insurance planTexas Health insurance plan
The pandemic has brought the world to a standstill. There’s chaos everywhere and with chaos came the widespread panic. This is the new normal as we all say today. On the surface of it, it may seem like things are slowly easing into normalcy but the reality on the ground is very different.
At such indefinite times, it’s pertinent to know exactly where you’re at with your individual and family health insurance plan. You might feel that your insurance covers everything about COVID-19, but if you look closely at the health insurance benefits it might surprise you.
Despite the declaration that insurers must remove all co-payments for treatment against the virus and extend insurance coverage for its treatment, many insurance providers are yet to commit to the treatment aspect. And hence if you have a Texas health insurance plan, you need to make sure that it has enough cover against the Coronavirus.
If you’re looking for the best Texas insurance plan, you need to browse through various plans available and then make a sound decision. And at such indecisive times, Short-term health plans might be a better option for you than long-term health insurance plans. They can be anywhere from 30 days to up 3 years to lock in rates and benefits in Texas.
Concern for life insurance holders?
With all the chaos that is going around, there are a lot of questions floating as well concerning coverage against the Coronavirus. Will there be insurance coverage for someone who contracts the virus and dies from it?
When it comes to Texas health insurance, when a person passes away, the beneficiary of that policy will get the amount assured as the death benefit. Naturally, in the case of Coronavirus infection and death, the same policy must apply.
So the insurance holders need not worry about that.
Cover for an insurance policy against COVID-19
A global pandemic like the Coronavirus will most likely have an impact on your policy acceptance and premiums especially if you’re just applying for it.
If you currently have a policy or considering getting an individual health insurance plan, it’s necessary to check whether its benefits have provisions that cover Coronavirus complications. If it doesn’t, it might be necessary to get a new policy that has such provisions going-forward.
Also, it’s important to make sure that the insurers determine the premiums of a policy based on your health and medical history.
And if you’re unsure about how to go about the tedious process, you can take the help of a consultant who can guide you through everything and help you select the optimum insurance plan for you and your family.
The coronavirus hasn’t only brought to life a contagious and deadly virus but, also other repercussions such as financial instability and the global and national economic slowdown. Hence it is of crucial importance to ensure you are financially secure and one of the means of doing so is, getting health insurance for coronavirus and other illnesses too.