Health Insurance Daily

Do Not Confuse Medical Discount Plans with Health Insurance Coverage

Deceptive sales practices by certain medical discount plans have mislead the public into thinking they are buying health insurance. Medical discount plans simply assist health care consumers by negotiating a discount with various medical providers for medical care.

For example, if you or a family member has a $100,000 medical bill. A medical discount plan may promise to get you a 30% discount off of this $100,000 health care procedure. In this example, the individual or family member would still owe the health care provider $70,000.

Heath insurance plans, on the other hand, are set up to assist individuals and families by covering a claim based on the individuals eligibility for coverage and the master contract.

posted by Mike @ 9:15 PM