health insurance with Block Insurance

Understanding Health Insurance

A healthy body is a happy body, and there’s no better way to preserve your health and your family’s health than with a health insurance policy from Block Insurance. If you are not covered by a spouse's or parent's health insurance plan, it's a good idea to purchase a health insurance plan for yourself.

Let’s face it, medical treatments aren’t cheap. Without health insurance coverage you could end up paying off medical bills for the rest of your life. Block Insurance can help you find an affordable healthcare plan that’s right for you. Contact one of our friendly agents today to learn more.

Common Health Insurance Terms

When discussing health insurance with an agent, it helps to understand some of the common terms you’ll hear. Below you’ll find definitions to some of the most common health insurance terms.

  • Deductible - The amount of money you pay toward medical bills before your insurance coverage begins.
  • Co-pay - A specified amount of money you pay upfront for doctor visits and prescription refills.
  • Coinsurance - The percentage of medical bills you pay after meeting the deductible.

To learn more about health insurance, call and talk with one of our agents today. We’ll guide you toward a more secure future.

Types of Health Insurance

There are multiple types of health insurance for you to choose from. Block Insurance can help you choose the plan that provides the best coverage for you and your family.

  • Health maintenance organizations (HMOs) - HMOs give you a local network of providers to choose from. You will select an in-network provider, and they coordinate your care and give you a referral to another in-network specialist if needed. The copays and coinsurance are typically lower than other health plans as long as you stay in-network.
  • Exclusive provider organization (EPOs) - EPOs offer a network of participating providers, but they do not include coverage for out-of-network care except for emergencies. If you visit a provider outside of the local network, you will most likely have to pay the full cost of service. However, you do not need a referral from a primary care provider to see a specialist.
  • Point of service plan (POS) - These plans combine HMO and PPO plans. The provider network is generally smaller than a PPO plan, and the costs for in-network care are usually lower, like an HMO. With a POS plan, you have to choose a primary care provider. You are required to get a referral for a specialist. However, you can also see specialists in-network and out-of-network, but if you see an out-of-network provider the costs are higher and you must file any claims yourself.
  • Preferred provider organizations (PPOs) - PPOs offer a large network of providers, including doctors, hospitals, and other providers. You can also see providers out of the plan’s network, but you will pay more out of pocket. You are not required to have a primary care provider, and you can see specialists without a referral.

To learn more about health insurance, call and talk with one of our agents today. We’ll guide you toward a more secure future.

Common Types Of Health Insurance

Commercial Health Insurance: commercial health insurance is a private form of insurance provided and administered by nongovernmental entities. Typically, this form of insurance covers medical expenses and disability income. Insurance coverages and plans can vary greatly and be customized with your provider.

The two most common types of commercial insurance plans include preferred provider organization (PPO) and health maintenance organization (HMO). Most employers offer some type of insurance plan for their employees. Notably, businesses that house over 100 employees.

At Block Insurance, we offer customers affordable commercial insurance plans tailored to the unique needs of their business. We offer traditional markets (AR BCBS, United, Health Advantage, etc.) as well as a customizable, captive option for small businesses with more than 10 employees.

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