NASE & Mega Life - Health Insurance

We get calls constantly from clients wondering about the validity of these companies. We'd like to just provide you additional information before you consider applying for this coverage. Nobody should have a problem with consumers shopping around should they? We'll tell you up front (because that's how we do things here) that this is one company that we don't represent as their agents are captive -- meaning they can only sell the NASE / Mega Life Insurance plans and can't sell the multitude of insurance companies that we can. The message here is to compare before you buy. Give me a call and I'll be able to answer questions for you.



Click on the above link for quotes from not just one, but up to a dozen different companies. You'll have the chance to enter information to get rates no matter what state you live in.

Let's be clear, I'm not telling you to not consider, get quotes or even apply for the NASE plan, but I would question whether you did your homework if you do apply. Also, another questions to ask if shown the NASE plan is what is the maximum out-of-pocket expense should you end up in the hospital with $100,000 or $250,000 worth of medical bills. Meaning after you shell out $3,000, for example, for your deductible how much will you pay beyond that? How much will the company pay. Most companies clearly state in their literature how exactly the plan works. Make sure you're clear on that

In the interim, here's some of the major points to consider when buying insurance and what to look for when looking into ANY company in general, but also including the NASE planl:

-- Question a company that has agents that must come see you in person. Ask them to mail, fax or E-mail you a quote for you to review on your own first.

-- Question a company that has a confusing web site. Also ask the person that calls whether they are licensed for insurance and whether the plan is an insurance plan. There are some plans that are only discount plans, including plans that we sell, but they sell them as if they are insurance. (this point does have nothing to do with the NASE plan, but it's an important shopping tip for other plans on the web).

-- Be wary of companies that use multiple deductibles for different medical services making it confusing to compare their plan to other plans. So, make sure you compare the hospitalization & surgical deductible -- as the big items are what you really need insurance for. Don't let an agent try to gloss over those higher deductibles and dwell on an office visit copay for $10 or $20. Because insurance is designed to protect big losses and a doctor's office visit does not change your standard of living, but having to shell out $3,000 for an operation certainly might. Again, there's nothing wrong with knowing how your policy works before you get it. Is it a true major medical plan? Or, are you buying a hospitalization plan that costs as much (or more) than a major medical plan with a couple of outpatient riders thrown in? Good question.

-- If an agent represents only one company, it's hard to say that they'll give you unbiased advice if there's another company that's better -- that is the "square peg" must fit "round hole" or they go home empty handed. So, if they only represent one company, find yourself a broker that can show you most of the others so you can compare all that may be available. I have often run into brokers that sell other plans now that used to sell NASE, but I have never (not saying they don't exist, but I've never) run into a NASE agent who used to have the ability to sell other plans. Most of the time this is their first job in the insurance industry.

-- Finally, if a company makes you join an association to get their insurance, that in and of itself is not a bad thing. There are many companies that do this. However, this, in my opinion, does not make the plan a "group" plan. If it did, the coverage would not be medically underwritten for someone leaving another group plan. They would be covered under the HIPAA laws. Trying to convince someone that they're getting into a "group" and that a certain "buying power" of large number has anything to do with getting quality health care is quite questionable.

So take a look around our site and you'll see we're very well equipped to serve the self-employed and other individuals and families that buy their own health insurance. Finally, even more affordable health insurance is here....