Insurance companies are now being mandated by many states to provide mental health coverage to their customers. However, having to provide this coverage doesn’t guarantee that customers won’t face rate hikes, stigmas, and other issues because they have mental healthcare services on their record. Insurance companies can see this history and often use it to label people as a higher risk to their insurance company because they have a medical history that is significant. When it comes to mental health, it seems like the risk is increased ten-fold, which is difficult for many people to handle.
When it comes down to using certain medications such as Prozac or Wellbutrin or even Lexapro, you might want to pay for the drugs as an all cash transaction. By doing this you limit the insurance companies from having access to that information which will negatively impact the price you pay for insurance.
Just realize that even though insurance companies are now forced and mandated by law to cover such conditions they will limit their use of indemnifying the insured through provisions within the policy itself and therefore relying on them to cover certain medications for the sake of them covering it, might not be the smart thing to do, because after all; what good is paying for a healoth insurance policy $700.00 a month just because they are penalizing you because of your use of the medication. It might be better to pay for it out of your own pocket.
The fact is certain medications do not do well with health insurance companies and this applies to drugs like Prozac. You have to consider what would you rather do, pay more for the health insurance policy that covers the drug or just simply pay for it out of your own pocket. Consider your options before making a final determination and that will go along way in your pursuit of the right coverage.
If you are like most people that want to save on your health insurance we can help.
Sean Johnson is a free lance writer for www.health-insurance-buyer.com a health insurance site that helps individuals save on health insurance at prices halff off the ususual cost.
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