Health insurance products come in a wide range of shapes and sizes that are all essentially designed to provide financial coverage for medical costs. Not all plans are created and utilized the same, albeit for the same objective. There are two main types of plans — individual health insurance and group health insurance.
individual/family health insurance plan
Individual health insurance programs are designed for individuals and families who cannot obtain health insurance through an employer. Due to the continually rising cost of medical care, it has become more important to provide health insurance for you and your family.
Koram as an independent agency, we can provide thorough insurance plans from numerous health insurance carriers. With the health insurance market changing frequently, we are always on the lookout for quality, service-oriented insurance companies for you.
group health insurance plan
In nowadays environment, offering the right health insurance benefits can be a challenge. You want to provide the best possible plan for your employees, yet it must be cost-efficient for your business.
We are committed to health insurance for both our commercial customers, who need group coverage for their employees, as well as the individual or family that needs coverage. With the changing face of health insurance in today’s market, we are staying abreast of the latest developments that will affect the coverage you expect as well as the cost impact upon you.
Dental & Vision Insurance
For the individuals without dental insurance, cost often stands in the way of getting the care they need to maintain the health of their teeth and gums. Even for routine preventive care, a trip to the dentist’s office could mean a substantial amount of money out of your pocket.
Vision insurance is a separate plan that provides coverage for eye exams and/or for frames, lenses and contact lenses. Many times the basic health insurance plan may provide for routine eye examinations, but it will usually not provide any benefit for frames, lenses or contact lenses.
Affordable Care Act (ACA)
The Affordable Care Act (ACA) was signed into law by President Barack Obama on March 23, 2010. The law establishes minimum standards for health insurance policies and mandates that everyone purchase some form of health insurance.
One of the primary goals of Obamacare is the expansion of coverage to individuals who were previously unable to purchase insurance due to pre-existing conditions.
For more details regarding Medicare and Medigap, please click the link.