Coventry Health Care of Louisiana Rolls Out Affordable Health Plan for Individuals and Families.METAIRIE, La. -- Coventry Health Care Coventry Health Care, Inc. (Coventry) (NYSE: CVH) is a managed health care company in the United States. On February 8th of 2007 Coventry agreed to acquire Concentra's Workers Compensation Managed Care Services Businesses. External links
(2) "Parent over shoulder." See digispeak. POS - point of sale ) options - including ones which can be combined with a health savings account A Health Savings Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal income tax at the time of deposit. (HSA HSA Health Savings Account (US) HSA Human Serum Albumin HSA Human Services Agency (Nevada) HSA Health Services Agency HSA Health and Safety Authority (Ireland) ) for greater control and affordability. "Our Coventry One plan designs offer individuals and families affordable health insurance alternatives," said Mike Kasper, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Coventry Health Care of Louisiana, Inc. "Consumers can choose the level of coverage and the price they can afford." Thirty different Coventry One product options are made available, with a range of varying deductibles and coinsurances. The plans cover core medical services and prescription drugs. All of the options offer open access POS coverage. "In the aftermath of Hurricane Katrina, many working Louisianans have lost access to a group health insurance plan or can't afford the group coverage they are offered - and their numbers are growing," noted Kasper. "With Coventry One, consumers can choose from a number of options, so it is easier to find a plan that is affordable for them." Six of the products in the Coventry One portfolio are high deductible health plan A High Deductible Health Plan (HDHP) is a health insurance plan with lower premiums and higher deductibles than a traditional health plan. It is sometimes referred to as a catastrophic health insurance plan. options. Members choosing a high deductible health plans can pay up to 50 percent less in monthly premiums than traditional health insurance plans. Members pay more up front for routine medical bills like doctor visits or routine checkups, but their health care premiums are much lower and they receive protection from large medical bills in the event of a serious illness or injury. With each of the high deductible health plans, consumers can also elect to couple the product with an HSA. Coventry One members have access to one of Louisiana's leading health care provider networks with more than 3,500 primary care and specialty providers. Plus they will have 60 hospitals to choose from. When members use Coventry Health Care of Louisiana providers, they will pay lower copayments and deductibles, reduced out-of pocket expenses, and they will have no claim forms. About Coventry Health Care of Louisiana Coventry Health Care of Louisiana, Inc. has almost 20 years of experience in managed care. Coventry Health Care of Louisiana, Inc. and affiliate companies cover over 74,000 members in Louisiana. Coventry is a subsidiary of Coventry Health Care, Inc., a national managed health care company based in Bethesda, Maryland. Coventry Health Care, Inc. operates health plans, insurance companies, network rental services companies, and workers' compensation services companies. The company provides a full range of risk and fee-based managed care products and services, including HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, , PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there , POS, Medicare Advantage, Medicare Prescription Drug Plans, Medicaid, Workers' Compensation and Network Rental to a broad cross section of employer and government-funded groups, government agencies, and other insurance carriers and administrators in all 50 states as well as the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and Puerto Rico. More information is available on the Internet at www.chcla.com or www.cvty.com. |
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