UniCare Health Insurance – Safeguarding the Health of Millions of Americans

Quality health care is the basic right of every individual and nobody should be denied of this privilege and benefit. The cost of medical expenses is certainly on rise and to achieve quality health care one need to be economically sound or need to have back-ups in order to face the sudden health crisis in an effective manner. Most of the people are aware of this unforeseen situation and in order to safely and efficiently tackle this condition they go for health insurance that provide financial assistance at the time of health crisis. UniCare is an organization that offers wide array of health care plans to offer best of health insurance coverage at competitive price. After understanding the fact that one insurance plan that is found suitable for an individual might not be suitable for another, UniCare health insurance has come up the several efficiently designed plans that can be tailored to meet the specific needs of every client?

Unicare is considered as America’s most admired health insurance company that offers many choices in health insurance so that every individual end up finding a perfect plan according to one needs and requirements emaemj.org . UniCare is coming out as a prominent player of the insurance industry by offering some unmatched health care insurance and products that are sure to work for every individual and helpful in providing them control of their health and financial condition at the time of health crisis. This major health care provider of America is currently serving 1.8 millions Americans. UniCare is committed in their approach to help customers to avail a perfect health plan by providing them with proper guidance and support to take informed decision in tune of their budget and requirements.

Different health insurance products offered by UniCare Health Insurance that meet the customer needs and requirements include:

o HSA Plan – UniCare health Savings Account are funded by the insured members, who deposits a fixed sum of amount to be spend on health care at the time of health crisis and the amount deposited into this account is completely exempted from the tax.

oHIA Plan – In UniCare Health Incentive Account Plan, the policy holders can earn or make money through reward program, which can be later used for health care expenses. If the amount deposited is not used by the policy holder for medical expenses the deposited amount are transferred to the following year.

oHIA Plus – HIA Plus plan is quite similar to HIA plan having a reward program and the fund that can be transferred to next year if unused. This plan allows the policy holders to choose a health care provider from an unlimited list of providers.

Saving on your small business health insurance can be a challenge. But there are ways to overcome the financial obstacles and get the coverage necessary for your business. There are two major benefits of employer-based coverage. First these plans, although expensive, usually carry the best all around protection for you and your employees. Second, providing benefits plays a key role in attracting and retaining quality employees.

Why is coverage for small businesses so much more than for large corporations?

Health insurance for small businesses cost so much because of the high quality coverage concentrated among a small group of people. Every individual within the group represents a different level of financial risk to an insurance company, and this risk is added up and spread out among the group. Large corporations pay considerably less because the risk is spread to such a large group, where small business owners can see unreasonably high increases in premiums due to one or two members. Small businesses also have to insure their employees under state mandates, which can require the policies to cover some specific health conditions and treatments. Large corporations’ policies are under federal law, usually self-insured, and with fewer mandated benefits. The Erisa Act of 1974 officially exempted self-funded insurance policies from state mandates, lessening the financial burdens of larger firms.

Isn’t the Health Care Reform Bill going to fix this?

This remains to be seen. There will be benefits for small business owners in the form of insurance exchanges, pools, tax credits, subsidies etc. But you can’t rely on a bill that is still in the works, and you can’t wait for a bill where the policies set forth won’t take effect until about 2013. Additionally, the bill will help you with costs, but still won’t prevent those costs from continually rising. You, as a business owner, will need to be fully aware of what you can do to maintain your bottom line.

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