Non-Medical Health Insurance

Although health insurance is generally thought to cover your medical expenses, there are other types of health insurance that cover your non-medical needs. Disability income insurance and long-term care insurance are two of these non-medical health insurance plans.

Disability income insurance plans are used to cover people who lose their ability to work due to illness or injury. This insurance plan compensates for lost wages while the patient is disabled. Policies differ, as with any insurance plan. With disability income insurance, the policy holder can receive long term coverage or short term coverage, as well as group or individual coverage.

Long-term care insurance plans are used to cover people who are placed in long-term care facilities. These plans help cover the cost of facilities such as nursing homes. While this plan is very similar to long-term disability income insurance, there are some very distinct differences. Long-term care insurance can cover certain types of chronic care, whereas long-term disability income insurance simply replaces lost wages during this time. Also, the patient must need chronic care for this plan to work, whereas the patient needs an inability to work for the other plan to be used.

Contact Option 1 for a Texas Health Insurance Plan

It is important to know what options you have when selecting a Texas health insurance plan. If you are considering a new plan or would like more information, please contact Option 1 Health Insurance today.