Medical Care in the U.S.

MEDICAL CARE IN THE UNITED STATES IS VERY EXPENSIVE!

A major accident or illness can create related expenses of $10,000 – $100,000 very quickly and very easily. If you do not have medical insurance, you will be required to pay for these expenses. Most people in the United States have medical insurance. International students are required to purchase medical insurance.

WHAT IS INSURANCE?

Private insurance companies collect small amounts of money (premiums) each year from very large groups of people. If a member of this group has an accident or illness, the doctor and the hospital bills are paid from the money collected.

HEALTH INSURANCE TERMS

BASIC MEDICAL COVERAGE: The first level of insurance designed to cover those expenses that exceed a small deductible or copay paid by the insured person. The basic medical benefit usually covers physician’s fees, laboratory tests, nurses’ fees, prescription medicine, and hospital expenses.

COVERAGE, OR COVERED EXPENSES: Those medical expenses that will be paid by the insurance company.

COPAYMENT: Initial medical expenses for a doctor visit or hospital visit paid by the insured person and not reimbursable by the insurance company.

DEDUCTIBLE: Initial medical expenses each illness or for each accident or for a year paid by the insured person and not reimbursable by the insurance company.

EFFECTIVE DATE: The date on which the insurance policy takes effect.

EXCLUSIONS: Expenses not reimbursable by the insurance company.

MAJOR MEDICAL COVERAGE: The second level of insurance designed to cover those expenses that exceed the limits of the basic medical benefit.

MEDICAL EVACUATION: Coverage for transportation of the insured person back to the home country as recommended by the attending physician for medical reasons.

PRE-EXISTING CONDITIONS: Physical conditions existing prior to the effective date of the policy that may not be covered by the insurance company.

PREMIUM: The nonrefundable cost of the insurance.

UNDERWRITER: The insurance company.

The LewerMark Plans are designed for students and their dependents. Please carefully read the brochure, which explains your insurance in detail. Please remember that the insurance company may charge an additional deductible for a hospital emergency room bill unless the reason for going is an injury or a major illness requiring an overnight hospital stay.