Health Insurance
Individual
As far as individual health there are 2 types of permanent health insurance available in Michigan, PPO plans and HMO plans.
PPO plans offer a broader network of providers, whereas HMO plans have smaller networks, thus making the plans more affordable. Outside of Open Enrollment (Nov. 1 - Dec. 15), PPO and HMO plans are available for the following life events: Loss of health insurance, moving, getting married, having a baby and adopting a child.
Plan carriers include BCBS, Blue Care Network, and Priority Health.
Priority Health will connect you directly with their quoting system: click here
BCBS/BCN direct connect: click here
Frequently Asked Questions
How much is health insurance?
The cost of health insurance varies depending on several factors, including your location, age, family size, coverage type, and the insurance provider. Health insurance premiums can range from a few hundred to several thousand dollars per month. It's important to obtain quotes from different insurance companies and carefully compare the coverage and costs to find a plan that suits your needs and budget.
Is health insurance tax deductible?
In some cases, health insurance premiums can be tax-deductible. However, eligibility for tax deductions depends on factors such as whether you have an employer-sponsored plan or an individual plan, your income level, and other tax regulations specific to your country or region. It's recommended to consult with a tax professional or refer to the tax laws of your jurisdiction to determine the deductibility of health insurance premiums.
What is a deductible in health insurance?
A deductible in health insurance is the amount you must pay out of pocket before your insurance coverage starts to pay for covered medical expenses. For example, if you have a $1,000 deductible and you incur $2,500 in medical bills, you would be responsible for paying the first $1,000, and the insurance company would cover the remaining $1,500 (subject to any applicable co-pays or co-insurance). Generally, plans with higher deductibles have lower monthly premiums, while plans with lower deductibles tend to have higher premiums.
What is a health insurance premium?
A health insurance premium is the amount you pay to your insurance company regularly, usually on a monthly basis, to maintain your health insurance coverage. It is a predetermined cost that you must pay to keep your insurance policy active, regardless of whether you use healthcare services or not. The premium amount is determined by factors such as the type of plan, coverage level, age, location, and any applicable subsidies or discounts.
How does health insurance work?
Health insurance works by providing financial coverage for medical expenses. When you have health insurance, you pay regular premiums to the insurance company, and in return, the insurance company helps cover the cost of your healthcare services. When you need medical care, you visit healthcare providers within your insurance network, and the insurance company pays a portion of the costs according to your plan's coverage terms. You may also be responsible for paying out-of-pocket costs, such as deductibles, co-pays, and co-insurance, depending on your specific plan.
What does health insurance cover?
Health insurance covers a wide range of medical services and treatments. It typically includes coverage for hospital stays, doctor visits, prescription medications, preventive care, and certain medical procedures. Coverage specifics vary depending on your insurance plan, so it's important to review your policy documents to understand the specific benefits, limitations, and exclusions.
What is a copay in health insurance?
A copay, short for copayment, is a fixed amount you pay out of pocket for certain medical services at the time of the visit. It is a predetermined fee set by your insurance plan and is typically required for services like doctor visits, specialist consultations, or prescription medications. For example, you may have a $20 copay for each doctor's visit, and you would pay that amount directly to the healthcare provider while your insurance covers the remaining costs. Copays help share the cost of healthcare between you and the insurance company.
Medicare
Looking to supplement Medicare? BHS Insurance has in-house specialists right at hand who are solely dedicated to helping you make a qualified decision on what plan to choose (to coordinate with Medicare and Part D).
Plan carriers include BCBS, Blue Care Network, Humana and Priority Health.
Priority Health Medicare Advantage plans: click here
Priority Health Dual Eligible Advantage plans: click here
Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.
Please note: The actual Medicare enrollment is completed with Social Security.
Short-Term Health
Short-term medical plans are available for individuals losing coverage and are between jobs. These plans typically last 3-months, but can be renewed for an additional 3-months.
- Coverage protects in the event of a catastrophic event.
- These plans do not cover pre-existing conditions, medications, or preventative care.
Priority Health Short-Term Medical plans (up to 6 months): click here
Long-Term Care
Long term care plans can be tailored to fit one’s budget. Instead of purchasing a plan at $350/day—which is about the going rate for skilled nursing in Michigan—in coverage, your agent can help tailor a plan to cover half the cost per day. This not only helps keep the coverage, but it also reduces the gradual reduction of someone’s estate.
Long-Term Disability
Long term disability is a benefit offered once an individual has been deemed disabled and unable to perform the daily activities—with regards to employment. The shortest elimination period (wait on coverage) for benefits to begin is 30 days. These plans—like long term care—can be tailored to fit one’s budget.
Plan carriers include Auto Owners and Principle
