Maryland state government and several private health insurance firms introduce different schemes for Maryland health insurance. Health insurance coverage is very expensive in recent times as the cost of health care is rising steadily. This is because of increase in the number of aged people, rise in the cost of medical technology, and high priced drugs. Maryland health insurance also faces the threat of increased premium payments of health insurance plans.
Maryland state government has introduced health insurance plans for individuals who cannot afford other private health insurances. Only residents of Maryland are eligible for this insurance scheme. Individuals with serious illnesses such as heart disease, cancer, diabetes, epilepsy and AIDS can also join Maryland health insurance plan. You are also qualified for this plan even though you receive unemployment benefits, pension, or federal trade readjustment allowance. Maryland health insurance plan rejects the application of individuals who have any group coverage or government sponsored health insurance policy. This plan covers cost of prescribed drugs, behavioural health and health management services.
Health insurance companies offer group and individual plans for Maryland citizens. Normally group plan is taken by employers to insure the health of employees and individual health insurance plan is preferred when people want to insure health at their own cost. Maryland health insurance policy must be taken only from a state licensed company or agent. You have the choice to select an affordable policy with the right coverage from different schemes available. Health care cost of insured person whether in hospital or home and prize of prescribed drugs are covered under Maryland health insurance policies.
Health, habits, standard of living, and profession are evaluated for determining premium amount of Maryland health insurance policy. High premium is to be paid for insuring the health of aged people because they have increased chance of health insurance claims for illness. It is also difficult to find Maryland health insurances for people with habits that may result in serious health problems or if your job is risky. Private Maryland insurance companies refuse to offer health insurance policy if the person has any serious illness.