Private Insurance
Private insurance is a form of financial protection that helps you cover medical and health care costs. This type of insurance is offered by private companies.
One of the main benefits of having private insurance is the peace of mind that comes with having health insurance, knowing that you will be protected in case of unexpected illness or injury. Private insurance provides you with access to a wide range of medical services and helps you cover related expenses such as doctor’s visits, treatments, hospitalization and prescription drugs.
Another important benefit of private insurance is flexibility. You can choose the type of plan that best suits your needs and budget. Insurance companies offer a variety of plans with different levels of coverage and costs. You can select a basic plan that covers essential services or opt for a more comprehensive plan.
Features
- You can get coverage quickly, as soon as the day after application.
- You can choose your deductible amount from several options.
- You can choose the duration of your coverage.
- You can withdraw from coverage without penalty.
- Access an extensive network of healthcare professionals.
- The companies that offer private insurance have their own policies in terms of admission and administration of the service and, although they respond to higher control policies, they are autonomous in making certain types of decisions.
- You can qualify with or without Social Security, allowing you to protect individuals who do not qualify for a plan through the Obamacare Act.