Kentucky Health Insurance Plans and Policies

Kentucky health insurance plans and policies cover individuals and families, employers including small businesses, self employed and even unemployed people who have lost their health insurance. These health insurance plans and policies are different from those offered in other states. Each plan offers a unique set of services. If you are seeking health insurance in Kentucky, you should have a clear idea about your requirements so that you can choose the right plan. Though all health insurance rates are set by the Kentucky Insurance Department, the plans cost more for persons with health risk concerns.


Types of Kentucky Health Insurance Plans

Individual and family health insurance policies are usually classified as "indemnity" or "managed-care" plans. The major differences are regarding the choice of healthcare providers, out-of-pocket costs and the way bills are paid. Generally, indemnity policies offer a broader selection of healthcare providers than managed care plans. Indemnity policies meet their share of the service costs only after they receive a bill, which means the policy holder has to pay up-front. Managed health insurance plans in Kentucky include the following:
• Conventional Fee-for-Service (FFS) under which you can see a doctor of your choice and then submit the claim
• Health Maintenance Organization (HMO) which work through a network of doctors, hospitals, laboratories and other providers. Your physician will send you to an HMO-approved specialist, if necessary
• Preferred Provider Organization (PPO) in which a group of doctors, hospitals and other providers agree to provide services to the members of a health plan
• In Point of Service (POS), in which you select a primary care physician (PCP) to manage care and give referrals to network providers.

You can see a provider outside the network in both PPO and POS plans, but this may result in higher out-of-pocket costs.

Shop for your Health Insurance with Reputable Agents

The Kentucky health insurance scene features reputable companies like Anthem and Humana offering affordable plans. The websites of reputable insurance agents are the best place to understand and shop for Kentucky health insurance plans and policies. They represent all major carriers and help you to get free quotes, apply online as well as offer the necessary guidance on matters relating to health insurance.

http://kyfreehealthquotes.com/