Picking a health insurance plan if you don’t receive group coverage through an employer can feel overwhelming. The right health insurance plan can help you protect your health and your finances, and we have some tips for looking through your options and finding the best plan for your individual needs.
- If you currently have health insurance and like your plan, you may be tempted to stick with it. However, you should spend time comparing your options to make sure you are getting the best coverage for the best rate.
- When looking at health insurance plans, you may base your decision on what you will pay in monthly premiums. However, you should look at what the yearly cost of the plan is, including your coinsurance rate, deductible, and out-of-pocket maximum.
- Think about how much health insurance you will actually use. If you are young and healthy, you may be able to get away with a health insurance plan that doesn’t cover as much as if you are older with several health conditions.
- If you see a plan that seems like it is too good to be true, it probably is. Beware of health insurance plans that have extremely low costs that don’t cover the Affordable Care Act’s 10 essential benefits.
We can help you look through different health insurance plans and find coverage that works best for you and your situation. Contact us today to set up an appointment and receive helpful guidance for your health insurance needs.