Find a Business Near: Eddyville, KY

Insurance - Medical In Eddyville




Insurance - Medical


Below is a list of businesses listed within our directory which provide Insurance - Medical services. If you do not see your business within the list below, you can submit it for addition to this list. Adding your business will feature your listing above Standard listings.

Standard Listings

Business Listing   Life & Health Benefits - Eddyville, KY - Phone: (270) 388-4347


Don't see your business here? Add it and appear here!






Helpful Definition for: Insurance - Medical

 

Medical insurance, in Eddyville, provides insurance against the medical expenses, incurred unexpectedly. An insurer develops a routine finance strategy to ensure the availability of money for medical needs mentioned in the insurance agreement, after estimating the overall risk involved.

A medical insurance in Eddyville is basically a periodically renewable contract between the insurance company & the client or his sponsor. The insured individual possesses a number of obligations to such an insurance policy, such as-

The amount to be paid by the client after a regular interval to buy the health coverage, called the premium, the amount to be paid by the insured before the insurer pays its share, called the deductible, the amount to be paid when the insurer pays for a service, called co-payment, the percentage of the total cost for a service to be paid by the client, called co-insurance.

This type of insurance do not cover all the medical services availed by the client; the services that are not covered by the insurance are called exclusions. The medical insurance policies generally provide assistance only up to a pre-decided limit, called coverage limit. Once the payments made by a client reaches out-of-pocket maximum, he medical insurance pays all further covered costs, exempting the insured from his obligations. A health care provider agrees to treat all members of an insurer once he is paid the Capitation money.

The medical insurer provides a certification, called prior authorization before the client receives a medical service, ensuring payment for that service.

Public Medical Insurance & Private Medical Insurance are the two major categories of this service.

 








Recent News:







The Future of the Yellow Pages Lies Solely in the Digital Realm As England Ax...
Chris Boyle For years – since the advent of the smartphone – users of the Yellow Pages who needed to find the phone number of a local business have been turning in greater and greater droves from print directories to digital sources via wireless internet. There are a number of factors as to why this has happ...

After U.S. Pulls Out of Paris Climate Agreement, States Step Up for the Envir...
Chris Boyle (Northport, NY) On June 1, 2017, President Donald J. Trump announced during a speech at the White House Rose Garden that he would be withdrawing the United States from the Paris Climate Change Agreement, citing environmental standards imposed on American businesses and workers that he said placed...