We answer the questions so you don't have any.
None whatsoever! Our service is completely free to you. You come here looking for a quality insurance policy you can afford. We find an agent that has that policy available.
We make the purchasing process simple for you. It starts by filling out a short form with your basic information. We then submit your information to trusted licensed agents in your state. They put together a few quotes so you can see how much it will cost and what benefits are included. Then you fill out an application online, which is then submitted to the insurance company for review. After approval, you will then begin paying your monthly premium. That’s it!
We take personal privacy very seriously. Never will we sell your information to a third-party source. You won’t receive hundreds of spam emails. We know how annoying those are! Your information is only provided to insurance agents licensed in your state.
Premium: The monthly fee you pay to the insurance company each month in order to keep your insurance benefits active. Non-payment may lead to a termination of the policy and a lapse in coverage.
Deductible: This is the cost the insured is responsible for prior to insurance benefits kicking in. For example, if you have a $500 deductible, the insurance company isn’t responsible for paying your bills until you have paid $500 worth of expenses. In traditional co-pay plans, the deductible does not count towards prescription medications and regular doctor visits, although some plans require a separate deductible for prescription medications.
Co-Pay: A “co-pay” is simply your portion of the expense for prescription drugs or a doctor visit. It is called a co-pay because you are sharing the bill with the insurance company, although the insurance company usually takes on a greater percentage of the bill.
Co-Insurance: After the annual deductible (see above) is met, the insurance company begins chipping in for your major expenses. However, unless you have a 100% co-insurance plan, the insurance company only pays a percentage of the remaining expenses. Most co-pay plans are 80%-20%. The co-insurance percentage is the amount the insurance company pays. So if your plan is an 80% co-insurance plan, you pay 20% of the bill and the insurance company is responsible for 80% of it.
High Deductible Health Plan (HDHP): An HDHP is a less expensive form of insurance that has a high deductible. Typically, an HDHP does not cover any doctor visits, hence the cheaper insurance premiums. The benefit of an HDHP is they cost less per month and once the deductible is met, you pay nothing more (although some even cheaper HDHP’s do not have 100% co-insurance).