Do not focus on the monthly premium when choosing a health insurance plan. Calculate the amount you may have to pay for the entire year, including the treatments, prescriptions, and services. You can begin by doing a calculation of the medical expenses of your family for the last few years. This includes the money spent on prescription drugs, out-of-pocket expenses, and health premiums.
Now, you need to evaluate what you can and cannot afford. Are any of your family members taking medications or undergoing treatments? How often do you see your doctor within a year? Are you seeing a specialist? These are some important factors to consider to get a health insurance plan that suits your needs.
Be realistic in determining how much you can afford including the deductible and the out-of-pocket expenses. If you prefer to have a lower monthly premium, select a high-deductible plan. Consider combining it with an HSA (Health Savings Account), as it provides a pre-tax dollar savings account and lower coverage.
2. Are You Happy with Your Present Doctor and Clinic?
If you are satisfied with the services from your local clinic and physician, find out if they belong to a network. After that, make sure that your health insurance provider includes this network in their policy. It’s best to stay with your present provider if you want a short-term medical insurance coverage or high-deductible plan option.
3. What Is the Right Health Insurance Plan for You?
Make sure to know everything about your health insurance plan. What are the additional services and their limits? Does it cover prescription drugs, surgery, immunizations, well-baby programs, mental health benefits, maternity and other healthcare services?
An easy way to do this is to consider the physical and financial situation of your family. Consider the deductible, coinsurance, copay, and premium. Make a list of the things that are essential to your family in terms of health. Study each plan and look at the benefits that it provides for your loved ones and get the right plan for you.
Your health partner should be as protective of you and your loved ones as you are. At Roper Insurance, we take pride in making sure our clients are well-protected at prices that they can afford. To learn more about how we can help you please contact our agency at (828) 697-6709 or Click Here to request a free quote.