World’s Famous Insurance Programs

There are many ways to rank insurance programs, and popularity is one of them. An insurance program can be said to be popular if it enjoys a big market share or delivers exceptional insurance coverage. When listing insurance programs, it is almost impossible to leave out Medicare, UK-HMO, UK-EPO, UK-PPO, UK-RHP, and UK Indemnity health plan. Let’s discuss some of these plans in detail.

Medicare

It is a federal health coverage program for those who are at least 65 years of age, certain disabled young persons, and patients of end-stage renal disease (permanent kidney failure that necessitates transplant or dialysis). Medicare has different parts.

I. Medicare Part A

Also known as hospital insurance, this part covers hospice care, in-patient hospital stays, and care in skilled nursing facilities. Certain aspects of home healthcare are also covered under this part.

II. Medicare Part B

This part focuses on medical insurance, and it covers medical supplies, out-patient care, preventive services, and certain doctors’ services.

III. Medicare Part C

These are Medicare Advantage Plans offered by private insurers who sign a contract with Medicare, and they include:

  • Preferred Provider Organizations
  • Special Needs Plan
  • Health Maintenance Organizations
  • Private Fee-for-Service Plans
  • Medicare Medical Savings Account Plans

IV. Medicare Part D

This Medicare section is meant to add prescription drug coverage to Medicare Medical Savings Account Plans, certain Medicare Cost Plans, original Medicare, and certain Medicare Private-Fee-for-Service Plans.

UK Indemnity Health Plan

It is a plan that makes it possible for UK citizens to receive medical care from any physician irrespective of location. It is suitable for those who spend much time outside the country, as well as those people in rural areas without access to UK HealthCare plans (UK-HMO, UK-EPO, UK-PPO, and UK-RHP). The plan has various levels of coverage, and each level has its own monthly cost. The levels include:

  • Retiree only; spouse only
  • Retiree + family
  • Retiree + child(ren)