Florida Insurance Rates A Disaster
Recently, Florida residents along the center of the State got another dose of natural disaster; a horrible tornado blasted through, killed 19 and injured dozens more. Most of the victims of the storm say they just cancelled insurance because of rising rates - few will get their property back – most will go bankrupt. Everyday people in Florida talk about insurance. Do I have enough, Is my house covered, can I afford to buy health insurance? Floridians have had enough and vow to force Congress to fix Florida’s insurance problem. Rates for both property and health insurance have gone up considerably since Katrina hit the Gulf Coast 18 months ago - some premiums have more than tripled. Insurance carriers like State Farm were hit with billions of dollars in losses and one expert says, “It’s now time for them to make up the difference.” FLORIDA HEALTH NEWS FLASHHow to find "Affordable Health Insurance" For Individuals and Families living in Florida Florida health insurance for individuals and families is relatively hard to find and most find coverage expensive or due to health conditions; not available at all. Health insurance rates have skyrocketed in the last few years in Florida, 21 of Dade county residents go without health insurance even though doing so puts you and your family at risk. (read the PDF version) -- Adults younger than 35 are nearly twice as likely to be uninsured as adults 45 and older, according to a report by the Blue Cross and Blue Shield Association. Twenty-seven percent of young adults in their 20s have no health insurance, according to a poll conducted by USA Today and the National Endowment for Financial Education. Affordable health insurance plans are out there, you just have to know how to put the Internet to work for you.To find the best value in a health insurance plan you need to know that buying insurance policies direct from a "major carriers" without comparison WILL probably cost you. The best way to find a policy is to:• Find a Florida Health Insurance Consultant • FloridaHealthInsuranceWeb.com (recommended) • Select the most cost-effective plans • You can talk with a trained consultant - FREE! • Be covered a lot sooner than you think!One other note on "Florida Health Insurance Web" -- They provide Floridians with a total review of all available insurance plans, plus information about health insurance updated daily. Is It Affordable??Finding affordable health insurance has never been easy; it is not "one size fits all." Depending on your current state of health, your budget, and individual needs, the best insurance for you may be far different than the best insurance for your friend or another family member. Now with rates so high, what do you do protect your family? Contact an expert insurance consultant and talk to them about your needs. They can show you all available policies, not just one policy from one carrier. A basic understanding of the various types of insurance that are available in Florida, and what each does and does not cover, can be helpful in determining which plan will work best for each person. Before you buy insurance for any purpose, a talk with a “Florida health insurance consultant” can save you literally thousands of dollars per year. Picking PoliciesWhich policy to choose, how much deductible is right for me, are my prescription drugs covered; these are the things that are on most people's minds when they look for health insurance. In Florida there are many insurance agents, selling their special type of health insurance policy. These policies vary from agent to agent, even in the same city, so the best bet is to search all available health insurance companies through a total insurance "provider" like: www.FloridaHealthInsuranceWeb.com The first step in selecting health insurance is being knowledgeable about what each type of policy is, and what they cover. Traditional health insurance, also called "fee for service" or 80/20, is the type of insurance that most of us grew up with. With that type of health insurance, you are entitled to visit any doctor you choose, and the insurance company pays 80 of the bill. 80/20 PlansThis (80/20) type of insurance offers the greatest flexibility, but carries the highest out of pocket expenses. One thing to remember...a deductible must be met before the insurance company will pay a dime. Another point to remember about buying health insurance; the lower your monthly premium, the higher the deductible will be. The insurance company usually reserves the right to cap payments if, in their opinion, the doctor's fees are higher than what is thought to be "reasonable and customary" in your area. This is an excellent type of coverage to have if you become extremely ill and require a network of specialists, or if your medical bills are astronomical. Once your expenses for the year reach a certain level, the insurance company will take over and pay 100. PPO
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