Basic health insurance

A: It is true that Basic Health Insurance (www.BasicHealthInsurance.net) is one of the least expensive health insurance plans available today. It is also unique in that issued regardless of the applicant’s medical history and covers all pre-existing medical conditions after the policy has been in force for 6 months. This policy has no deductible or co-payments and can be used with any doctor or hospital in the United States. There is no network of providers and no required pre-authorization of treatment. Benefits are paid to the policyholder in cash even if other health insurance is available. All this adds up to a perception that this coverage is “too good to be true”. But this insurance provides only limited coverage, as the name implies. The maximum dollar amount of benefits available for each covered medical procedure is listed on the online quotation page, on the Web site, and in the policy itself. This health insurance policy is not designed to pay for all of your medical bills. It is great for covering part of the cost of an occasional doctor visit or lab work, but it would be silly to rely on this as the only insurance coverage for a surgery or hospital stay. This insurance is most appropriately used when used in combination with other catastrophic health insurance. It should not be the only health insurance except as a last resort.