Georgia health insurance for children
Filed under: Child Health Insurance, Low Income Health Insurance
Reader question:
I need Georgia health insurance for my three year old daughter. Is this available in my state?
Amber
Great question.
All states, of course, have Medicaid, which is a federal program, but naturally Medicaid does not cover everybody who needs health insurance. Although the income requirements for it are a little more loose than for other welfare programs, there are many people who make too much to qualify, but at the same time make too little to get a family health insurance plan with their own money. These people are locked in a dilemma, because they need to get child health insurance for their kids, as well as for themselves.
Georgia health insurance offers the PeachCare program for child health insurance to cover those kids whose parents make too much to be able to get Medicaid. This comes with coverage as extensive as that of Medicaid itself, from things like hospital stays and emergency room visits, to things like prescriptions and eyeglasses and dental appointments. It provides basically everything you need to protect your child’s health throughout his or her lifetime with this Georgia health insurance plan.
It isn’t free, though, but it is a whole lot cheaper than normal child health insurance. Every month there is a cost of about ten to thirty five dollars for each child over the age of five. There is a maximum cost of seventy dollars per month, per family, though, so if you have five children over five you won’t be paying that total. To find out more about this kind of Georgia health insurance, you can go to the state’s PeachCare website for more information.
One of the drawbacks is that, unlike most health insurance plans, which will cover a child until he or she has completed college, PeachCare ends once the child reaches the age of nineteen, whether they are still going to school or not.
Cheers,
Fashun Guadarrama.
Catastrophic health insurance and high health insurance deductible
Reader questions:
Could you explain the high deductible plans of catastrophic health insurance?
Amy
Absolutely.
There are two major things that you must consider before you decide to get a catastrophic health insurance plan. The first is that you will only be covered for major hospital visits, and will have to pay for everything else out of pocket. The other major thing is that any catastrophic health insurance plan will come with a higher deductible than the usual medical health insurance plan, so you will at any time have to be ready to take onto your own wallet much higher costs than usual, even if you are paying cheaper monthly premiums.
How high is it? Should you choose to get a catastrophic health insurance plan, you’re going to be looking at deductibles of around $500, possibly even more than that. Besides that, if you get a catastrophic health insurance plan, there will usually be a lifetime maximum coverage of between two and three million, and if you should reach this maximum coverage point, then you will no longer be covered and your policy will be canceled.
If you do have a $500 deductible, you’re going to have to pay for everything up to and including five hundred dollars. Once your medical expenses go past that, your coverage starts. Even if you have a deductible as high as $15,000, and you have to get some kind of treatment that costs ten thousand, you will have to pay for it. Now you can see why even with its cheaper monthly cost, catastrophic health insurance can be more expensive than most other types of plans.
When major medical costs are spoken of as regarding catastrophic health insurance, pregnancy is not included. So if you’re thinking of getting catastrophic health insurance just because pregnancy is indeed major medical care and involves a hospital, don’t fool yourself.
Cheers,
Fashun Guadarrama.
Comparing Cheap Health Insurance Indiana
It is VERY important to make sure you are comparing apples to apples when comparing cheap health insurance. The best way to make accurate comparisons is to put together a spreadsheet showing premiums, deductibles, out of pocket limits, lifetime maximum limits, copays, percentages covered, and prescription coverage.
Once you have all of your information plugged into your spreadsheet, now you can play with it to find out what coverages you would have for certain scenarios. For example, you may use the spreadsheet to find you total expenses in a year with these scenarios:
- You only use routine healthcare with a couple of minor colds or infections.
- One member of your family needs minor outpatient surgery for a total of $5,000.
- One or more members of your family are in an automobile accident and run up medical bills totaling $40,000.
- Someone in your family has cancer and the medical bills climb to over $200,000 for one year alone.
Don’t forget to figure in the premiums you are paying for the year as well. Although an indirect medical expense, those premiums are usually some of your biggest medical expenses.