Things to Consider When Choosing Health Insurance Providers

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When choosing a health insurance provider, it’s important to note that not all providers were created equally and each one comes with its own pros, cons, and expenses. Here at Jeannie Pierce Insurance Agency, we can walk you through your different options including Medicare, Affordable Care Act plans, and other provider options, but you’ll want to choose carefully. Here are some things to consider when choosing your health insurance providers.

Things to Consider When Choosing Health Insurance Providers

  • Your monthly budget:  Unfortunately, the lower the deductible, the higher your monthly premium will be. When looking at health insurance providers, it’s important to consider your monthly budget to avoid overspending or needing to miss payments.
  • Out-of-pocket limits: Another difference you’ll find among health insurance providers is the dictated amount for your out-of-pocket limit. This limits the amount you must spend on deductibles, copayments, and coinsurances for in-network services before your health insurance begins to cover the entire cost of covered services.
  • Benefits and coverage: Health insurance providers will have varying benefits and coverage. It’s important to consider the coverage you will need for your situation. If you are planning to begin a family soon, you’ll want to ensure that maternity coverage is included by your provider.
  • In-network care providers: Each health insurance provider covers a specific network of healthcare and service providers, and any care providers outside of that network are significantly more expensive. If you are currently seeing a specialist for a health issue, you’ll want to check that the doctor is in-network to ensure your insurance will help cover the costs.

If you are interested in learning more about your options for health insurance providers and deciding which is best for you, give us a call today.