Comparing Veterans' Health Benefits and Private Insurance

Veterans' health benefits can provide medical treatment for a very reasonable rate compared to traditional private insurance. Here are a few things to consider about veterans' health benefits compared to private insurance. 

Premiums

One of the biggest differences between veterans' health benefits and private insurance is the existence of premiums. With traditional private insurance, you are going to have to pay a monthly or annual premium for your coverage. In most cases, this will cost hundreds of dollars per month. With veterans' health benefits, you are not going to have to pay any type of premium.

Copays

With both types of insurance, you are going to have some type of copay when you go to the doctor. With private insurance, this copay is most likely going to be somewhat high. With veterans' health benefits, you are going to have a very small copay to worry about. This lowers the amount of money that you have to come up with out of your pocket when you have to visit a medical facility. If you visit a military treatment facility, you may not have to worry about any copay.

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