Expert Tips Everyone Needs To Know About Health Insurance Do not approach health insurance with fear. It is true the field is complex and your options are many, but the more you learn, the safer you will feel. Health insurance is similar to healthcare itself. An ounce of prevention is worth a pound of cure. By making smart choices when you select health insurance, you can avoid difficulties in the future. If you have recently graduated from college and you need health insurance, you have a couple options. If you are employed, see what insurance options are offered through your employer. Those younger than 26 are still eligible to be on their parent’s insurance plan as well as a private and personal one. Check with your company’s human resources department to see if you qualify for a wellness program for employees. A number of employers offer incentives to those employees who have their lifestyle and health assessed. You might be able to find fitness programs that will help your employer save money on insurance coverage, which will lower your premiums. Look to catastrophic coverage instead of comprehensive coverage if you are looking for cost savings on your insurance. Comprehensive coverage will give you prescriptions and doctors visits, but catastrophic will cover more expensive medical bills from hospital stays or emergency room visits. Pay less on your taxes with health insurance! Many people don’t realize that their health insurance premiums are tax deductible. You can also deduct the money you spend paying for your deductible, prescriptions or any visits not covered by your insurance. Get the advice of your tax accountant if you are unsure about which expenses are deductible. Regardless of the kind of health insurance coverage that you have, if you choose generic drugs, you will save money in your insurance. Odds are, most of the time you’ll be able to get generics, and research has regularly demonstrated that they only difference in these drugs is their brand name. Choose the type of health insurance plan that best suits your needs. There are many different plan choices, including PPO, POS and HMO. Consider all the options offered by each health insurance plan before deciding which one to purchase. Make sure that you have the option to keep the doctor that you currently use. When selecting an insurance provider, it is important to verify that your regular doctors and health care providers accept that policy in payment for their services. You can also easily find a listing of the hospitals and doctors which accept your insurance plan by visiting the insurance company’s website. Take note of your bills. Even with a health policy, you can still encounter surprising high bills, particularly for prescriptions. Many doctors write prescriptions without considering whether or
1/2
not the medication is covered, or if there is a generic (and cheaper) version available. Make sure to compare prices of medications at different pharmacies. Even pharmacies in close proximity to one another can have varying costs for the same generic prescriptions. There are lots of different options available with different health insurance plans. Before setting up a meeting with an agent, or just using the insurance available from your job, take your time and get acquainted with all the options. Don’t select something unless you fully understand what you are buying. Keep a record of your expenses for medical coverage if you are thinking of changing your health insurance plan. Gauge the amount you can afford to pay in deductibles and coverage for yourself and your family. Do not wait util you get injured or sick to find out exactly what your health insurance plan covers. It’s best to learn all you can about your insurance and the options you have before you need to use it. If your health insurance is not doing what it should for you, take action today. Expert Tips Everyone Needs To Know About Health Insurance
2/2 Powered by TCPDF (www.tcpdf.org)