With new laws and regulations concerning healthcare for Americans, it’s more important than ever to make sure you, your family, and your business are properly insured with a plan that works for you. Choosing a healthcare plan can be complex, and some individuals may find it daunting. As you go through the health insurance process, keep in mind some important tips that can help you find the plan that best suits your needs.
1. Understand What Each Plan Covers
As you look at your option, pay close attention to the benefits and coverage that each one offers. What’s right for you may not be right for others, so personalization is key. It’s important to make sure that you’ve given each option a thorough “exam” to make sure that all of your fundamental bases are covered.
In general, there are 10 main benefits that you should keep in mind when looking for a plan:
- Emergency services
- Laboratory tests
- Prescription drugs
- Newborn and maternity care
- Substance abuse and mental health treatment
- Outpatient care
- Pediatric services, including vision and dental
- Preventative services, such as mammograms and immunization
- Rehabilitation services
2. Consider All Associated Costs
Naturally, a main concern of finding a healthcare plan is making sure that it’s within your budget. Generally speaking, you can pay for your insurance plan in two primary ways: a monthly premium for purchasing the plan, and out-of-pocket expenses that are paid upon the receipt of medical care. The second option typically includes a combination of coinsurance, copays, and deductibles. In many cases, those who pay a higher premium up-front will pay less when they receive medical care. Likewise, those who pay a lower premium will typically face higher costs when receiving medical care.
3. Consult an Experienced Insurance Agent
There are a lot of considerations for a healthcare plan. This is where the help of an experienced insurance agent comes in. A health insurance agent can provide you with actionable and meaningful tips, as well as help you through the entire process. A common misconception is that you’ll always have to pay an agent – but this isn’t true. Many insurance agents will offer services for free, and receive compensation from the company through which their client signs up for a plan.
Call us today at 704-527-4220 to speak with a licensed insurance agent and find the best healthcare plan for you, your family, or your business.