EmaxHealth Health News
Home » Affordable Health Insurance » Montana Health Insurance

Montana Health Trust Insurance Plan Provides Contractors With Portable Coverage

Ads by Google

All About:
  • Montana Health Insurance

By Armen Hareyan on August 10, 2007 - 5:23am for eMaxHealth

Billings Gazette examined the Montana Contractors Association health trust insurance plan as part of the latest installment in a series about health insurance and costs. The Billings Gazette on Tuesday examined the Montana Contractors Association health trust insurance plan as part of the latest installment in a series about health insurance and costs in Montana.

The association's health trust is a not-for-profit entity that uses premiums paid by member companies to finance health benefits for policyholders. Companies pay premiums of $3.95 per hour per employee and are required to provide coverage for all eligible employees. The association's plan offers portable benefits and carries no premiums for workers. The plan has a per-person or per-family deductible and covers80% of most expenses beyond the deductible. Policyholders must pay full price for prescription drugs and file for reimbursements. The plan reimburses 100% for generic drugs.

Martell Hildebrand -- director of the trust in Billings, Mont. -- said members pay slightly more for drugs under this approach, but overall usage is less, so the plan saves money. Health care costs for the trust have increased by about 8% annually over the past several years, which has resulted in higher rates and reduced benefits, but the plan has added a wellness benefit that covers 100% of preventive care.

Hildebrand said the simplicity of the model is what makes it a successful program, butit should not be viewed as a way to revamp the state or U.S. insurance industry. He said, "There is no silver bullet; there is no quick fix. We need to get more healthy. We're not very healthy. It's going to be along-term thing" (Dennison, Billings Gazette, 8/7).

Source: 
kaisernetwork.org

eMaxHealth welcomes yourcomments and feedback on this story without registration, but keep the comments meaningful please. Links are not accepted.

  • Add new comment

Similar Stories

  • Montana To Launch Expanded Health Insurance Plan for Children
  • CHIP Issues New Income Guidelines For 2009
  • Montana Health Trust Insurance Plan Provides Contractors With Portable Coverage
  • Health Insurance Assistance in Montana

 Dr. Oz Promotes Magnet Cure
 Skin Care Secrets in Your Kitchen
 3 Gadgets to Make You Look 10 Years Younger
 Catalase is the Culprit for Gray Hair
 Vibration Therapy Helps Chronic Pain
 What If Antidepressants Don't Work
 When Obesity is OK for Some

Health Categories

 EMAXHEALTH HOME
 AFFORDABLE HEALTH INSURANCE
 DIET & WEIGHT LOSS
 FITNESS & EXERCISE
 MEN'S HEALTH
 WOMEN'S HEALTH
 BEAUTY
 ALTERNATIVE MEDICINE
 CANCER TREATMENT
 AGING
 DISEASE and CONDITION
 MENTAL HEALTH
 GENERAL HEALTH
 PERSONAL HEALTH
 GOURMET FOOD & HEALTH
 HEALING & SPIRITUALITY
 MONEY AND HEALTH
 Comment Moderation
  • Health RSS Feeds
  • Privacy Policy
  • Disclaimer
  • About Us
  • Editorial Review Process
  • Advertise
  • Contact
  • Contributors
Copyright eMaxhealth.com 2005-2012. All rights reserved.

This website is certified by Health On the Net Foundation. Click to verify. This site complies with the HONcode standard for trustworthy health information:
verify here.