What is individual and family health insurance?

Simply put, health insurance is protection against medical costs. Without health insurance you risk financial ruin if you have a serious accident or if something happens to your health. When you purchase family health insurance its important to understand the total “out of pocket” costs based on the type of plan you purchase. Sometime carriers will “split out” members of the family in order to reduce your premiums.

What is the difference between in-network and out-of-nework providers?

An in-network provider is one contracted with the health insurance company to provide services to plan members for specific pre-negotiated rates. If you visit a physician or other provider within the network, the amount you will be responsible for paying will be less than if you go to an out-of-network provider. Though there are some exceptions, the insurance company will either pay less or not pay anything for services you receive from out-of-network providers.