About Health Insurance                              Get A Quote    

Health insurance companies use historical data and analysis to predict the medical
expenses for any given group of individuals (usually a company's employees). The
premiums they charge are based on the amount of claims they've paid in the past and
what they expect future claims to cost. When insurers pay out more in claims than they
receive in premiums and when future services are predicted to cost more, premiums go
up.

As consumers, we are demanding more medical services than ever before. And the cost
of these services is going up. These increased costs are passed on to employers in the
form of increased premiums. Insurance companies work with employers to adjust
services offered, as well as co-payments and deductibles, to minimize the impact of
rising costs.

Take time to understand your health plan -- it can help save health care dollars for you
and for all Americans. For example, many health plans offer a reduced co-pay if you
choose FDA-approved generic prescription drugs, so you pay less. Because the average
total cost of a generic drug is three times less than the brand name, it helps keep costs
down in your health plan.

Understanding the basics of how health insurance works and how to make the most of
your own health plan can help keep healthcare affordable for everyone.

Often, healthcare consumers don't have a clear understanding of just how much medical
services cost. For many years, health plans insulated members from the true cost of
these services by making payments directly to doctors or hospitals.

Did you know:

The national average cost of an MRI is nearly $2,000
Heart bypass surgery costs about $57,000
The average cost of a 30-day prescription of one name brand drug is $71 compared to
$22 for the generic equivalent
National healthcare expenditures are expected to nearly double over the next 10 years  
Knowing what you're spending and keeping an eye on healthcare costs are important
parts of keeping healthcare affordable for all of us. Here are some things we can all do to
make a difference:

Ask for FDA-approved generic drugs instead of more expensive name brands
Make sure you're getting the right treatment, and always ask your doctor any questions
you may have
Review all explanation of benefits for accuracy, and ask about any costs that you don't
recognize or understand. More information on how to recognize possible fraud activities
on your explanation of benefits, can be found here.
Vision One Insurance Services Inc.
License # 0G38868                                                                                        T - 800-557-4119
                                                   For All Your Insurance Needs!         F - 949-340-5475