Different Types of Family Medical Insurance Plans in Washington

With a lot of going around in the world of health insurance, it becomes necessary for residents of Washington to understand different options available to them to get family health insurance. Just like any other state, there are many different types of family health insurance plans and options.
Companies are offering new products as the dynamics of health insurance are changing. It becomes a wise decision if consumers compare some medical plans before buying from the very first agent or website that they land upon. However, before even launching the buying campaign, it is important for the consumers to arm themselves with basic knowledge of available family medical plans in Washington. In this article, we will discuss the general options available.
•    Group medical plan through the employer
Lots of business owners offer group health insurance options to their employees. This is one of the best medical plans that a family can get because a major portion of insurance premium is paid by the employer. The best thing in this option that the premium costs will not depend directly on any individual’s health status but on the overall health status of the group. Dependents including spouse and children can be added in the medical insurance policy.
•    Individual and family medical plans from private companies
Lots of businesses in Washington are evading offering medical insurance to employees and therefore individuals and families have to look for private option. Families that do not have access to group insurance through their workplace must secure insurance independently. There are different options provided by insurance companies that can be divided in two major categories:
1.    Indemnity medical plans are offered to the residents of Washington with a wide network of professionals. Many of these plans involve deductibles before rolling out the payment from company’s side. However, owing to wide variety of choices and options available, indemnity plans remain one of the most sought after family medical insurance plans among the residents of Washington.
2.    Managed care medical plans are offered by companies who have their own network of professionals and hospitals. Many of these companies allow getting medical care from outside the network but with a higher premium cost. Overall, these family insurance plans generally do not require you to pay up front, out of pocket expenses; however, the limitation of doctors remains.
•    Medicaid
There are lots of families falling in low-income category who can’t afford private health insurance. For such individuals and families, Medicaid offers good options. Medicaid provides health coverage to people with limited means and resources to ensure that their basic healthcare needs are met. However, eligibility may not be that easy.
•    US Family Health Plan
The US Family Health Plan is a sponsored medical plan by the US Department of Defense and is offered exclusively to military family members. A comprehensive family medical plan, US Family Health Plan meets all medical needs of US military members, veterans and their families.