Medical Expense (Health) Insurance Questions

 

• Questions: What are the principal types of medical expense insurance coverage?
• Questions: Is medical expense coverage available for substance abuse and mental illness?
• Questions: What types of expenditures are commonly excluded under major medical expense plans?
• Questions: Even though major medical plans provide broad coverage, insureds still incur certain "out-of-pocket" costs. What are these costs?
• Questions: What is the coinsurance clause in medical expense plans and how does it work?
• Questions: What is the difference between coinsurance and copayment?
• Questions: What is a preexisting conditions clause and what is the effect of its inclusion in major medical expense plans?
• Questions: How does the medical expense coverage offered by Health Maintenance Organizations (HMOs) differ from the coverage provided under basic and major medical expense plans?
  
  These questions and answers are provided for users' general information. Although we make every effort to insure accuracy in the information provided, we cannot make any guarantees as to this accuracy. We urge you to consult your lawyer, accountant or tax advisor for specific legal or tax advice.