Health insurance is a crucially important product in Boston. While Boston offers a wide range of sophisticated medical care facilities all over the city, the cost of medical care is no more affordable to a major segment of the society. Therefore, it becomes rather inevitable to purchase a suitable health insurance policy in Boston that will best address all the health care needs of individuals and families in Boston.
With a long line of reputed insurance carriers advertising their insurance products in the city, subscribers need to explore various options with respect to health insurance coverage in Boston. Some of the most popular avenues to purchase health insurance policies in Boston include employer-based, public and private coverage options. Most people usually get some employer sponsored health insurance coverage that enables quality health care at a very nominal charge as a sizeable cost of the health insurance policies are borne by the employer. However, those that do not have an employer sponsored health insurance coverage in Boston need to explore other possibilities as well.
The Affordable Care Act has considerably expanded the avenues of purchasing health insurance policies in Boston. Employer-sponsored coverage is possible through your own job or through the job of your spouse or parent in Boston. One great advantage regarding employer-sponsored health insurance coverage in Boston is that the insurers cannot turn you down from health insurance coverage on grounds of disability or pre-existing health conditions. This sort of protection is called non-discrimination. However, there are other reasons why an employer can deny coverage including part-time employment. Job-based health insurance coverage in Boston enables certain protections for the consumers.
Those residents of Boston who do not have job-based health insurance coverage can go for other following options. Children and students under 26 years of age are eligible to be covered by the policy of their parents irrespective of the location they live in. Individual insurance policies can be purchased from private insurance carriers. While purchasing independent health insurance policies, take care of a number of aspects like exclusions based on pre-existing conditions, restricted coverage, deductibles, co-pays and out-of-pocket expenses.
Affordable Care Act has given rise to a new kind of health insurance policy namely Pre-existing Condition Insurance Plan (PCIP) in Boston that meets the needs of those that are denied of medical insurance coverage on account of health status or disabilities.
Boston operates a special type of State-sponsored health insurance plan called ‘Medicaid’, which effectively comes as a boon to low income groups, families, children, people with disability and aged people. Children Health Insurance Program (CHIP) is the name of the health insurance policy in Boston that offers covers the children of families that have an income below $45,000 for a family of four. Those that cannot afford to buy any kind of health insurance plan in Boston can avail of free or discounted medical care services in Boston offered by select range of hospitals, clinics and medical care service providers. These services depend on your income.
COBRA is a federal law in force in the city of Boston that continues the health insurance coverage offered by the employer if the subscribers happen to lose their jobs. This is also called as continuation coverage. In such cases, the subscribers need to pay the whole cost of the health insurance policy in Boston after they quit the job.
