5 Important Things To Know When Considering Health Insurance


5 Important Things To Know When Considering Health Insurance


Whether you are thinking about selecting a health insurance plan at work for you or getting your own, there is a chance that you have some questions about health insurance and costs. Here are five things everyone who is shopping for health insurance should know:

  1. Understand the insurance plan

Before you have enrolled yourself for a health plan, it is best that you find out more about the coverage. You can get a copy of details from the insurance company. You should look for things like the certificate to see what services are covered under the plan, what are the service limitations and what is not covered. You must also know how to access your insurance when you need it.

2. Your health plan is an insurance policy

The health plan that you have chosen is going to be your insurance policy. It is a legal contract that says you will make premium payments to the insurance company in return of which you will get certain benefits. It is a not a bank account in which all the premiums you pay each month are stored. It is a promise that the insurance will pay for all the costs involved when you make a claim.

3. Your employer’s plan might not be the best insurance deal

Your employer might be offering health insurance which may not be costly to your needs. It can always give you access to the group plans but if you are paying for this insurance and you are in good health, it is better to get your own policy. For the same price, you can get your own health insurance which may offer a better coverage.

       4. The insurance might not cover your prescription drugs

We all know health insurance plans don’t cover all doctors. Similarly, they don’t cover all benefits as well. Your insurance policy might not cover certain drugs and certain benefits such as maternity coverage

5. Lowest premium plan is not always cheap

Many individuals are attracted to the lowest premium plan for the insurance. It may seem cheap but it is the other way round. You have to submit the co-pay which can be costly. You also have to pay the annual deductible. It is the amount that you have to pay before you use your insurance for some major expense.

Choosing the right health insurance policy is not an easy decision, but it is an important one.

Read this next:

Must Read

Rehab Centers in : Fit For Recovery or Just Another Slum Lord?

Houses in , is it all about the MONEY? How to choose the right one! Recovery houses also known as sober living homes, sober living facilities or halfwa...

Medicare Part A, B, C or D, What?

Medicare is a social insurance program available to all citizens. Its funding is provided on a single-payer basis, meaning that the person receiving the benefi...

How To Avoid And Relieve Neck & Back Pain

Millions of Americans of all ages have experienced neck and back pain at some point in their lives. Neck and back pain is sensitive to stress, and it can be c...

Breast Cancer Information and Awareness

Beast cancer is the most commonly diagnosed cancer in the United States apart from the various types of skin cancer. Many myths surround this horrific disease a...

ADHD, everything you need to know, children, teens and adults.

When an someone is diagnosed with ADHD regardless of the age, the treatment is somewhat similar to the treatment administered to a child. However, some ADHD dr...

Treatment for Psoriatic Arthritis

Unfortunately, there is no cure for psoriatic arthritis. Therefore, treatment focuses on reducing the main symptoms of the condition by controlling inflammation...

What are the Benefits of Storing Cord Blood?

There are many advantages of storing cord blood – both for the donors and to transplant recipients. Here are a few of these advantages: The collection of ...

Dental Implants, Know the Risks.

Dental implants were invented in 1952 by a Swedish orthopedic surgeon. Dental implants today are the standard for teeth replacement. They are essentially a ...

FREEZE, your FAT A...... OFF ! With Coolsculpting

The Process of Coolsculpting, was created at the Massachusetts General Hospital. Coolsculpting is non-surgical process that uses a handheld device, that removes...

The Best Celebrity Weight Losses

Melissa Joan Hart Lost 40 Pounds With Nutrisystem Melissa Joan Hart is sporting a slimmer figure lately, thanks to her recent 40-pound weight loss. Hart lost...

ADHD Foods That Every Parent Should Know About

Attention Deficit Hyperactivity Disorder, usually referred to as ADHD, is a neuropsychiatric disorder commonly found in children. The disorder causes children t...

7 Poor Habits You Should Drop Today

The human immune system is the most vital part of the body system; it is made up of special cells, tissues, proteins and organs that defend the body against any...