Insurance. How Do I Find The Best Insurance Company?
Insurance. I'm Looking For A Long Term Health Insurance Plan For Myself. I've Compared Rates Across All Major Providers And They Are All Pretty Much T
Insurance : How Do I Find The Best Insurance Company
I'm looking for a long term health insurance plan for myself. I've compared rates across all major providers and they are all pretty much the same price range. The problem is that every single one has hundreds of complaints about them on the web, and many have at least some type of lawsuit against them. I realize it's the nature of the beast. But my biggest fear is the complaints that they don't pay for people's bills, resulting in thousands of dollars in bills. Are there any consumer reports that list the best overall? I'm leaning towards Blue Cross Blue Shield of Tennessee. ~~~ Kevin ~~~
Best Answer To Insurance Question
First of all, you need to realize that just because there is a "complaint", it doesn't mean that it is a legitimate complaint. It could be but it could also mean that someone thought they should pay for something that wasn't covered in the first place. People complain and file lawsuits all the time. That doesn't mean they are right or that they will win. You are doing the right thing though in checking out the insurance companies beforehand. Know what you are buying. . Best rates insurance companies. Check their website.
All Answers To Insurance Questions
Answer 1not sure myself. But you did ring a bell with me. For years I was receiving Consumer Reports Magazine. Great one. Anyway, go online to Consumer Reports and search out the Insurances there. They are really great at what they do. Good luck. This is not an easy one. Ins find a lot of loop holes. I really don't think there is a really good one out there. They all manage to shirk they're abilities when it comes to pay out time.
Answer 2Just watch their commercials. That insurance company that had KFed singing HAS to be good. They had the money to hire a guy like KFed.
Answer 3First of all, you need to realize that just because there is a "complaint", it doesn't mean that it is a legitimate complaint. It could be but it could also mean that someone thought they should pay for something that wasn't covered in the first place. People complain and file lawsuits all the time. That doesn't mean they are right or that they will win. You are doing the right thing though in checking out the insurance companies beforehand. Know what you are buying. . Best rates insurance companies. Check their website.
Answer 4There are always some rotten apples in the basket. You will do fine with BCBS. Check out John Hancock, they just released a plan called "Leading Edge" that I like. People file claims that are not covered. If the claim is not covered guess what, there is an unhappy comsumer. These plans have requirements that have to be met in order to qualify. I doubt if most people have any idea what the coverage means. State laws govern these plans and they require that your dr. diagnose you as requiring assistance with at least 2 of the activities of daily living, FOR MORE THAN 90 DAYS to activate the plan. Check with your state.
Answer 5The REASON why there are so many complaints about long term health care, is INDEED, the nature of the beast. Even the partial payment that the policy covers, usually means that within 3-5 years, all the assets are gone. MOST long term care goes on for many, many more years than the payment of the policy, and eventually with inflation, will cost a way lot more than the daily payout. None of them pay for EVERYTHING. What you really need to do, is call a couple of local, independent agents, tell them you want to compare COVERAGE as well as pricing on several plans, then take the time to sit down and learn what is covered, and more importantly, what ISN'T covered, then see if the product will still meet your needs.
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