Affordable Care Act
What we learned from Mick Fanning’s shark encounter:
Published on July 22, 2015
Mick Fanning, a world champion surfer, had a run-in with a shark on live TV during a surfing competition in South Africa. He lived to tell his tale after punching the animal in the back, while screaming and shouting.
Despite what happened to Mick Fanning on Sunday, the odds of you being attacked by a shark are around one in 11.5 million.
While the encounter left Fanning shaken and frantic, it also had many viewers question their next beach vacation.
So what did we learn from Mick Fanning’s encounter with a shark?
For many of you rethinking your next beach vacation or are even thinking of partaking in an extreme sport during your next vacation such as river rafting, climbing dangerous hikes or dune bugging on Pismo Beach, here are some things to think about:
First things first: There is nothing wrong with over-preparing!
Doing research before –hand on location, safety-precautions and emergency tips will do nothing but benefit you if an accident were to happen.
Consider accident insurance:
Accident insurance only covers you if you have a specific kind of covered accident. Accident insurance helps you pay for the medical and out-of-pocket costs that you may incur after an accidental injury. This includes emergency treatment, hospital stays, and medical exams, and other expenses you may face, such as transportation and lodging needs.
Accident insurance should never be used to replace a health insurance plan, though it might work nicely as a supplemental form of coverage.
For more information on Accident Insurance, check out our new eBook: 3 Steps to Understanding Accident & Critical Illness Insurance or watch our video.
Consider travel insurance:
As a general rule, some insurance companies will cover emergency care when you’re out of the country. Some will not. If you’re traveling outside of the United States, contact your contact your licensed agent or your insurance company directly, before you travel.
Want to know how much American’s are paying for accident or travel insurance on average? Learn more: How Much Do Supplemental Health Insurance Products Cost?
Here are the top five health insurance tips for summer travel:
- Know how your coverage works before you leave. Call your insurance company or talk with your licensed agent. Ask them how your coverage works when you’re outside of their service area or when you visit an out-of-network doctor or hospital.
- Be prepared to pay out-of-pocket for medical care. If you don’t have out-of-network coverage, you may need to pay for your medical care in person. If you’re facing a large bill, you may need to work with the medical provider to set up a manageable payment plan.
- Ask for a discount when paying cash. When you see a non-network medical provider chances are that you’re not going to benefit from the discounted rates that your insurance company negotiates with its own network of providers. Let your medical provider know that you’re paying cash and ask for a discount. Many medical providers will give people without insurance a discount of 10-20%, or sometimes more.
- Save all your paperwork when receiving care out of state. If you do visit a doctor or hospital out of state, keep all the paperwork you receive, including medical bills and receipts. You may need to provide this documentation to your insurer when you submit a claim after the fact.
- Consider a travel insurance plan. Travel insurance is temporary coverage specially designed to help cover your medical bills when you’re away from home and outside of your insurance company’s network. A licensed health insurance agent can introduce you to travel insurance options.
Traveling can be an amazing experience for you and your family, but keep in mind accidents do happen, so be sure to review all your options, including getting coverage.
Related Health Insurance Articles:
- Four Things Your Travel Insurance Must Cover
- Understanding Health Insurance Coverage and Terms
- Obamacare 101