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A major medical insurance company is a health insurance institution that sells major medical insurances - policies that provide flexible, inexpensive coverage for most injuries and illnesses. Major medical insurance plans cover most serious medical expenses up to a maximum limit, normally after a deductible and co-insurance provision.

A major medical insurance company usually offers two major insurance plans, the Managed care medical plans and the indemnity plans (traditional insurance plans). In indemnity plans, also referred to as “reimbursement” plans, an insurer reimburses the insured for medical charges no matter who provided the service. Managed care plans include Health Maintenance Organizations (HMOs), Preferred Provider Organizations (PPOs), and Point of Service (POS) plans all involve an agreement between the insurer and a selected group of medical providers.

Before deciding upon a major medical insurance company, it is wise to do a careful analysis of the plans as well (more...)

There is no excuse or logic why so many people in the United States remain uninsured or have no accessibility to medical care. In a country so rich, with almost unlimited resources as the United States, I fail to understand any excuses that try and explain it. Politicians on both sides of the aisle have failed to find any reasonable solution to the biggest failure of the American Government (both under democrats and republicans) and to the American way of life.

The only two choices that have been presented to date are: government control of the medical care system (socialized medicine, as in Canada) which needs a lot of thought and consideration, or a private-sector Medical Care system whose accountability remains more involved with its investors. What we have now is a split between private sector control (accessible for those who can afford it) and a public medical care system for others who can t (Medicaid). We also have non-profit medical providers which are supported partially by the government (more...)