How To Get Affordable Health Insurance In Georgia

January 27th, 2010 by Lloyd Pro Group Inc.

wheeled on hospital bed How To Get Affordable Health Insurance In GeorgiaIf money is tight and you are looking for affordable health insurance in Georgia, then  a high deductible plan may be the answer you are looking for.

What is a High Deductible Policy?

Now don’t let the term “high deductible” scare you. In fact, once you see the math, you may be wondering why no one showed this to you before.

A high-deductible policy or catastrophic plan means that you will pay more of your routine medical costs out of pocket  (Dr visits, checkups etc), but these policies will protect you against catastrophic medical bills. So you if you let’s say need an operation for heart surgery you are protected. This is an excellent way to get low cost Atlanta health insurance and depending on your deductible it may even be eligible to be used with an HSA (Health Savings Account).

What about my doctor visits and checkups?

That is a common question that people ask. The good news is that having the catastrophic coverage also entitles you to special insurer-negotiated discounts with doctors and hospitals. What this means is that as hard as it may be to believe, many medical providers charge the uninsured higher fees. When you have high deductible insurance you are qualified for these discounts. That means that your doctor visits will be more affordable too.

The money you save on your health insurance premiums you can use for doctor visits when you need to

Here is the thing to remember you will be paying less, much less each month on your health insurance coverage. If you do not go to the doctor very often this is the perfect paln for you. Lets take an example so you can see the math for yourself, OK?

Mary is relatively healthy 24 years old female in Duluth, Georgia. Currently she has an individual HMO policy the runs her $330 each and every month. Her health insurance currently costs her $3,960 a year. Mary loses her job and now a $330 payment is slowly suffocating her. At the same time however, she knows that she needs health insurance to protect her in case something happens. Can you relate to this?

Mary decides to talk with an Atlanta insurance agent with Lloyd Pro Group, (which by the way also has one of it’s four offices in Duluth, GA). Her agent suggests an affordable high deductible health plan to her. At first Mary flinches, “High deductible? How high?”

Her agent assures her that if she chooses a plan with a 20% co-pays and a $1,000 deductible,  that the cost of her coverage drops to only $62 a month.  Lets do the math again, OK?  At $62 a month for 12 months that comes to $744 a year. Now that is a savings of $3,216!

What if Mary needs to go to the doctor?

Even if Mary goes to the doctor for an annual exam and a few times a year for the sniffles, you can easily see how a $3,200 savings can easily take care of this. This kind of savings is also more than enough to cover the $1,000 deductible that made Mary was concerned about only a few moments ago. Mary can now have peace of mind knowing that she has low cost health coverage that she can afford.

Lloyd Pro Group a Duluth GA Nationwide Insurance agency has been providing  affordable health insurance in Georgia since 1985. They can be reached at (770) 497-1200 or at their website http://www.lloydprogroup.com

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