Health insurance has become big business in the last decade, as technological advancements have made it possible for companies from all over the country to advertise and provide health insurance quotes online. This means that in many cases, health insurance purchased by a consumer in one state may actually be provided by a company whose headquarters is located in another state, and simply operates out of a satellite or virtual office in the client’s home state. This new level of competition has had the beneficial effect of reducing health insurance rates in many states, but often leaves consumers wondering just what exactly any basic health care quote needs to offer, regardless of what state it is offered in, or where the company is located.

The truth, when it comes to health insurance coverage, is that very little is specifically mandated. Some states will insist on a minimum amount of yearly coverage, but that is typically one of the only state requirements a company must meet. Federally, all companies must offer a plan that has some sort of yearly coverage amount, and must allow for visits to a primary care physician. Almost every other aspect of a health insurance quote can be determined by the company offering it.

This is due to the large amount of choice offered to Americans by health providers. With plans such as HMOs, PPOs and self-directed choices as well, the amounts of coverage offered, how they are disbursed, and how both doctors and services are accessed are left largely up to the preference of the consumer. If a customer prefers a more strictly regulated network of providers and referrals, an HMO is a good choice. If a more free-form plan is desired, one lacking in “gatekeepers” and with the ability to direct one’s own health insurance funding, a self-directed plan may be way to go. For those that prefer a mix of both, the PPO option exists. The only type of health care coverage that does not fall under this umbrella is so-called “discount health-care”. This is not a health care plan as it does not include a yearly limit, monthly health insurance rates, or access to specialized care. These offers provide only a card or “membership” that supposedly grants discounts at certain health care providers. This discount is often limited or non-existent.

Any true health insurance coverage must offer actual coverage, regardless of its form, minimum deductible, or co-payment schedule. This plan must also allow for an individual to seek primary and referral care. Some plans will mandate a doctor from within a network and some will not restrict their customer’s choice. While the minimum standards for health insurance plans are few, they are essential.