In recent years, the availability and affordability of health insurance has been the subject of much debate. But the hard truth is that about one out of seven Americans has no health insurance and for many who do have coverage, the cost of that coverage is an enormous financial strain. Rhode Island health insurance can no longer be considered a luxury; it is a necessity! As the cost of preventative care, emergency treatments, and prescription drugs continues to spiral out of control, people want and deserve a reliable source for Rhode Island health insurance quotes. They need look no further than insuranceUSA.com. Health insurance is simply a written policy which covers medical expenses, both routine and emergency. Today, many states are expanding their coverage to included both long-term care and disability.
In this information-filled article, you will find everything you need to know concerning the regulations of Rhode Island health insurance, both for individuals and small groups. You will learn the fundamental facts regarding COBRA coverage. COBRA stands for the Consolidated Omnibus Budget Reconciliation Act of 1986 and is basically a plan which allows workers, who no longer have health insurance coverage due to the loss of employment, the right to maintain their group health insurance coverage for a limited amount of time and usually at their own expense.
You will also find interesting statistical information with which you can compare the health of fellow Rhode Islandns with the health of residents of other states.
This article will provide you with all the information needed about Rhode Island health insurance to make a shrewd and intelligent decision when choosing the insurance coverage which is right for your individual situation and needs. Once you have selected your options, insuranceUSA.com stands ready to provide you with health insurance quotes so that you can make your final decision with confidence!
Rhode Island Individual and Family Health Insurance
Your eligibility to purchase individual or family health insurance in Rhode Island is greatly influenced by your current and past health status and history. Rhode Island health insurance companies may deny coverage to an applicant if they feel that the cost of insuring the individual will pose a risk to the company’s claims ratio- that is, they will be paying an exorbitant dollar amount in claims. Many times this is based on whether a person applying for health insurance has a pre-existing condition. Rhode Island health insurance companies are permitted to look back 5 years to determine whether a person has a pre-existing condition. They may agree to offer you coverage, but may attach a rider to your policy which, in effect, exempts the company from having to pay any medical expense related to the pre-existing condition. Rhode Island health insurance companies are also allowed to exclude a pre-existing medical condition for 2 years, regardless of whether the insured member had prior health insurance or not.
Rhode Island Group Health Insurance
For Rhode Island health insurance for a group or company, the state of Rhode Island requires that a company have between 2 and 50 employees. Employers, however, are not required to provide Rhode Island health insurance to all employees. For instance, part-time employees many not qualify for coverage, or those who live outside of the area covered by the insurance. Eligible employees, regardless of their current state of health, are guaranteed medical benefits under the group insurance plan. Some Rhode Island health insurance plans may exclude coverage for pre-existing conditions. These are usually conditions that have been treated within the previous six months. If an employee is not eligible for coverage for a pre-existing condition, there are different types of insurance that can provide benefits to cover conditions that are excluded from the group policy. Under Rhode Island health insurance regulations, insurance companies may not impose waiting periods before coverage begins. However, employers can decide on waiting periods, if any, before the group insurance plan goes into effect for employees.
Rhode Island COBRA Insurance
Under Rhode Island health insurance rules, the federal COBRA regulations apply to only those companies with more than 20 employees. An eligible employee may decide to keep their Rhode Island health insurance coverage through COBRA for up to 18 months, or until they get other coverage, whichever comes first. There are exceptions to the 18 month limit. For instance, some dependents can remain covered for up to 36 months, and disabled persons can be covered for 29 months. COBRA is a way to extend the Rhode Island health insurance you had from an employer. However, if the group insurance plans ends or your employer decides to stop providing health insurance for employees, your COBRA coverage will also end. For people whose COBRA coverage has ended, there is further Rhode Island health insurance coverage available through the Rhode Island Comprehensive Health Insurance Association (ACHIA).
Rhode Island Health Information and Statistics
If you are in the market for quality Rhode Island health insurance, the following facts may be of interest to you. You will find helpful statistical information outlining how Rhode Island ranks in many categories related to overall health, both medical and lifestyle, plus other pertinent material.
Some of the positives of residing in Rhode Island are a low violent crime rate, a low rate of uninsured population, a low prevalence of obesity, and ready access to primary care. Rhode Island also faces many challenges, such as many poor mental and physical health days and a high prevalence of binge drinking.
According to a 2008 study, Rhode Island had some significant changes over the past year. These include an increase in the prevalence of binge drinking of 11% but also a decrease in the prevalence of smoking of 12%. In the last five years, the percentage of children in poverty rose by 43%. Since 1990, the prevalence of smoking decreased by 51%.
Following is a variety of statistical data related to living in Rhode Island, as compared with the rest of the country. These state rankings may be helpful when you consider purchasing Rhode Island health insurance.
- Prevalence of Smoking-8th
- Prevalence of Obesity-2nd
- Violent Crime-6th
- Children in Poverty-25th
- Air Pollution-21st
- Cancer Deaths-30th
- Lack of Health Insurance-7th
- Prevalence of Binge Drinking-45th
- Infant Mortality-28th
- Infectious Disease-29th
- Premature Death-9th
Overall Rank: 11
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