In Florida, accident health insurance can refer to additional coverage that is designed to protect against the costs related to an unexpected injury, illness or death that results from as accident. The benefits of this insurance can cover things like medical, surgical and hospital expenses. A policy of this type will usually pay a set sum to a person or his or her dependents. To determine if Florida accident health insurance is something you should carry, review the facts below, talk to an expert as needed, and get a few quotes before making a final decision.
Does Your Current Policy Include Accident Coverage?
If you already have a health insurance policy in effect then you are probably wondering if you have accident coverage through that. This will depend on the specifics of your policy. A comprehensive health insurance policy will often pay a portion of the cost for hospitalizations and needed procedures that may result from an accident or illness. That’s why they cost more than basic policies. A basic insurance plan may only cover things like office visits or medications. You need to know what your plan covers before you can decide if you need additional accident insurance.
Personal Injury Protection (PIP)
You may also wonder if you car insurance policy offers any accident protection. As Florida is a no-fault state, you are required to carry Personal Injury Protection (PIP) coverage. This pays 80% of medical bills and 60% of wages lost regardless of who causes and accident. However, this won’t help in anything but a car accident. Other things like accidents at work, home or in other locations are not impacted. You will still need health insurance to cover those. Also, you need to ask yourself if you could come up with the 20% of medical bills and 40% of lost wages not covered. If not, supplement accident insurance is a good idea.
Your Health Insurance Options
If you don’t already have a health insurance policy, and are looking for one, choosing between a basic or comprehensive policy, or purchasing a rider or supplemental accident coverage is the choice you will need to make. To make that choice you need understand your choices and the terms of coverage.
Major Medical Coverage
Major medical coverage means that you are covered for a portion of hospital care, emergency room visits and surgery. However, the remaining balance may be more than you can afford to pay. If you don’t have major medical to begin with then you definitely want to look into a supplement policy for accident insurance, also called catastrophic coverage. Even if you do have major medical, ask yourself if it is enough. If you have dependents, or no one to help you in a disabled situation, you may want to get the maximum coverage possible.
Supplemental Health Insurance Policies
There are many types of supplemental policies that people think of when they discuss accident coverage. Some of these include long-term care insurance, disability insurance and accident and sickness insurance. Long-term care insurance is meant to cover the costs of things related to daily living activities. For instance, if an accident leaves you unable to bathe, dress or groom your self them this coverage would help pay for in-home care, nursing home services or something along those lines. Disability coverage is meant to cover the wages lost when you suffer from an accident or illness that prevents you from making a living.
Accident And Sickness Insurance
Accident and sickness insurance is meant to cover the direct medical costs that result from and illness or injury. Some items this type of supplemental policy can cover include hospital admission, ambulance fees, lodging for family members, emergency room treatment, physical therapy, and hospital stays. The benefit of most supplemental insurance is that it will pay you directly, unlike your other insurance policies.
Some companies, like Aflac, are well known for selling supplemental insurance policies, but they are not the only insurer out there. In fact, you should ask your current insurer if they offer a rider or supplement to your existing policy. Your next step is to compare those cost and benefits with other providers. Studies show that consumers who spend a bit more time researching their options save the most money.
Get Your FL Accident Health Insurance Questions Answered Now!
If you are confused, or have questions about what is best for you, contact an independent insurance agent by calling the number listed above. These experts can help you sort through the issues, industry jargon, and point you in the right direction. Or you can just enter your zip code into the free Fl health insurance quote tool provided on this page. This is a free device that will let you get rate quotes from several accident health insurance providers based on data you input once. Why not take advantage of these handy tools and get the coverage you need without delay?