Catastrophic Health Insurance In Texas

State of the Union ducks healthcare

The healthcare reform law was like the bastard stepchild in President Obama's State of the Union address last week -- or maybe it could be better compared to the crazy aunt locked in the attic.

Despite some expectation the president would indicate softness on healthcare reform and the Affordable Care Act during the speech, the issue barely came up and zipped by. If you popped into the kitchen for a cup of tea or a Coke and a Twinkie, you missed it.

Forbes magazine, for one, expressed astonishment that the healthcare law was not a central theme in Obama's address. After the White House delivered a "talking points" memo for the speech last Tuesday, the magazine said, "Remarkably, the memo makes no mention of healthcare: neither the president's signature legislative achievement, nor his thoughts on entitlement reform."

MedPage Today, the online news service for medical professionals, pointed out after the address, "President Obama scarcely mentioned healthcare in his third State of the Union address Tuesday night, even as the healthcare reform law he championed is hanging in the balance at the Supreme Court."

In fact, "Obama devoted a mere one sentence of his more than one-hour address to healthcare reform, saying, 'I will not go back to the days when health insurance companies had unchecked power to cancel your policy, deny you coverage or charge women differently from men.'"

This was in contrast to past State of the Union addresses. Obama focused on the new law in 2010, and last year "said he was open to making changes to the law, but not to repealing it," MedPage Today noted.

Also last year, the president said he would look at proposals to bring down healthcare costs.

No such softness this year.

"President Obama made only glancing references to healthcare reform during his State of the Union address Tuesday night," The Hill newspaper observed. "Although Democrats insist that Obama will be able to campaign on the healthcare law, it was almost entirely absent from a speech that helped establish the themes and frames of his re-election campaign.

Texas Health Insurance | Health Insurance in Texas

More Consumers See Value in Catastrophic Health Insurance in Texas

Posted on January 18, 2012 by Charles F Peeler Jr

A sluggish economy and health insurance premiums that continue to rise have prompted many people to consider the value in choosing catastrophic health insurance in Texas .  With these types of plans, premiums are lower in exchange for a higher deductible, but with a Health Savings Account (HSA) qualified plan, tax advantages are common. The bottom line? Catastrophic health insurance in Texas makes sense as annual premium savings provide better value than the potential out-of-pocket expenses associated with more traditional plans.

What is Catastrophic Health Insurance?

Catastrophic health insurance in Texas is designed to handle any large medical expenses that could financially devastate an individual or family. It’s a perfect solution for those looking to save money on premiums but still retain medical coverage in an emergency. There are basically three types of catastrophic plans available- hospital only, high deductible all inclusive catastrophic health insurance plans with a Health Savings Account (HSA) option to get the most value out of their health care dollars.

How it Works

With most high deductible plans, you pay for all of your health care costs, up to the annual deductible amount- all except for preventive care that is included with every plan. Once you meet the deductible, some plans pay 100% of medical costs and some pay 80% leaving a 20% coinsurance. However, once you reach the out of pocket maximum, your insurance pays for it all and some even have what’s called a family deductible. While your premiums don’t count towards your deductible or out-of-pocket maximums, all catastrophic health insurance inTexasmust cover 100% of all preventive care- even before the deductible is met, that’s one of the good provisions of the new health care law.