Emergency Medical Insurance Plans
Health insurance plans are supposed to give us peace of mind in case something unimaginable happens. After all, that’s when we need these medical benefits the most.
Many people just want catastrophic coverage and don’t want to have to pay high premiums for basic, every day care. If that’s you, one of these options might fit you:
Emergency medical insurance plans are there in case these unthinkable events become a reality. If you’re not someone who goes to the doctor a lot, then catastrophic health coverage may be the right choice for you.
You could get a major medical bronze plan through Covered California or directly through one of the health insurance carriers such as Kaiser Permanente, Blue Shield or Health Net. If you qualify for a government discount (based on your income and household size), then likely the Covered California plans will give you the best deal.
If you don’t qualify for a subsidy, then likely the most affordable option for you would be an Aliera Healthcare Plan. These plans offer the lowest rates and you don’t have to have a Qualifying Life Event, so you can enroll at any time.
Aliera’s Catastrophic Health Coverage vs. Traditional Health Insurance
Catastrophic health coverage from Aliera is not traditional health insurance. This type of coverage may be referred to as an emergency medical plan because it’s there in the eventuality of a health emergency. Because of that, their scope of coverage for the CarePlus Plans is limited and is not intended for regular office visits or medication.
The great thing about Aliera’s catastrophic health coverage is that it still meets the minimum requirements of the Affordable Care Act (ACA). Aliera is supported by a healthcare sharing organization, which allows members to be ACA-exempt and enjoy the advantages of lost-cost coverage. This means you’ll save money on monthly premiums and still be in adherence with all ACA regulations, free from non-compliance penalties.
Qualifying for Catastrophic Health Coverage
If you are someone who goes to the doctor on a regular basis, this is probably not the right coverage for you. You may want to opt for more robust health insurance that includes doctor visits and prescription drugs.
Aliera emergency medical plans are the most affordable, but they are not right for everyone. They do no cover preexisting conditions or regular doctor’s visits and prescriptions.
Bronze Plans do cover preexisting conditions. Also, they often include some minimal coverage for doctor visits and prescription drugs.
For those who are healthy or don’t spend a lot of time at doctor’s offices, catastrophic health coverage from Aliera or a health insurance carrier may be the perfect solution. If you’re sick of paying high monthly premiums for services you don’t use, these plans allows you to have peace of mind knowing you’re covered in case of an emergency.
How Aliera’s Catastrophic Health Coverage Works
As a healthcare sharing plan, Aliera uses different terminology than traditional health insurance, though it functions for the most part in the same way.
Instead of paying into a deductible, members pay into a Member Shared Responsibility Amount (MSRA). After this is paid in full, all urgent care is covered up to the member’s annual limit of $1 million.
- Emergency room expenses
- Sudden illnesses
If there’s an unexpected trip to the emergency room, the member is responsible for a $300 co-expense, which goes directly to their MSRA. Member’s monthly fees vary depending on what they choose as their MSRA. However, monthly rates for an individual can be as low as $104.17. This allows you to have the coverage you need in case of emergency situations without breaking the bank.