Category: 
February 2, 2008
With today’s ever changing and advancing medical technologies, the “Lifetime Maximum” provision of a health insurance policy is of extreme importance.
Once the “Lifetime Maximum” benefit has been met by your health insurance company, the plan will not pay another penny - ever.
“Lifetime Maximum” In Health Insurance Is All It Will Ever PayUnfortunately, there are health insurance plans out there with “Lifetime Maximums” of $ 500,000 or less. If these people should be so unfortunate as to develop some dreaded health condition, like Leukemia, the cost of all the required health care could reach into the millions of dollars. We would recommend that your health insurance policy have a minimum $5 Million Lifetime Maximum and even more if you can get it and can afford it. |
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- Do you understand how a health insurance “co-payment” works?
- Do you know how health insurance companies deal with “pre-existing” health conditions?
- Does your health insurance plan have adequate “co-insurance” provisions?
- Do you understand that your health insurance premium could be lowered by increasing your “deductible”?
Glossary Insurance Terms: |A-C|D-H |I-M|N-P|R-T|U-W|
Other Insurance Maze Posts of Interest:
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- Insurance Fact-Teens Behind The Wheel-Leading Cause Of Death For U. S. Teens
- Life Insurance On Children-Is It A Good Idea?
- Health Insurance-What Should We Look For In A Good Health Plan?
Work At Home-Healthcare Industry-Start Part-Time!
Work from home and create a substantial residual income by helping others manage their healthcare needs. Excellent commissions and get paid daily.
Insurance For Tennessee
If you live in or are relocating to the great state of Tennessee, we can help with your insurance needs: Auto, Home, Life, Health or Business.
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