Catastrophic Texas Health Insurance

Insurance policies back in the 1970's operated with a small deductible before any benefit was covered. Once the deductible had be met the policy would pay somewhere around 80% with the consumer paying 20%. These policies did not have a co-pay for doctor or preventive care, everything applied towards the deductible. These policies were great back in the 70's when deductibles were at one hundred dollars, but today these policies are being written with much higher deductibles, generally at twenty five hundred dollars. The most popular Texas health insurance plan of the 70's has now been replaced with the comprehensive Texas Doctor Co-Pay Plans of today. However, these policies still remain a viable product in certain situations and today we call these policies catastrophic Texas health insurance.

Catastrophic Texas Health Insurance Makes Sence

The catastrophic health plan that is being marketed today works in a very simple fashion. The consumer looking for individual coverage can expect these policies to have a deductible somewhere above $1500 per year and then most services are covered including doctor visits and out patient services up to reasonably high lifetime maximums. Several companies also offer preventive care as a covered expense. These catastrophic Texas health insurance plans will offer the most affordable health insurance family.

Some very important things to note about the catastrophic plans we speak of at Peeler Insurance is that these plans are not to be classified as a limited benefit policy. When looking at a plan that claims to be catastrophic please confirm that it is a major medical policy and not a limited benefit or hospital and surgical expense plan. On several occasions we have noticed the term catastrophic tossed around for these limited policies.

Catastrophic Texas Health Insurance Fits the Budget

Because these policies do not offer co-pays for services like doctor visits and drugs, the monthly cost of this plan is usually less than their counterpart, the doctor co-pay plan. These plans are an excellent option for families looking for low cost health insurance in Texas. Another ideal client for the catastrophic health plan is for older folks hovering around retirement age.

Rate increases affect all health insurance and these catastrophic Texas health insurance plans are not immune, however with less potential claims in the form of doctor co-pays and drugs we have found these policies to be less affected by massive yearly increases. You most likely will get an increase, however in theory they should be more manageable.  

These are the cheapest full coverage plans offered on the market.

In order to secure your quote on a catastrophic Texas health insurance policy please contact our office and ask for Charles Peeler, or simply email us and we will do the rest.