Choosing a new health insurance policy might seem like a daunting task, but there are various guidelines that will ensure you make the correct decision. With the Open Enrollment period fast approaching, it starts at the beginning of November, now is the time to start making some of those necessary decisions.
Here are a few tips for choosing the most comprehensive and affordable health care plan during Open Enrollment:
- Check your meds: When you are looking for a health insurance plan, you should look into the cost of any of the medications that you take on a regular basis. A low-premium policy can actually end up being more expensive in the long run if there are not substantial benefits for the prescription drugs.
- Know the max: The chances of you hitting the out-of-pocket maximum, which can run thousands of dollars for single coverage, are likely low. However, it is important for you to know how much you will have to cover in co-payments for any medical services you receive throughout the year.
- Stick to your network: The cost of going to the doctor is typically much less expensive if you stick to a medical professional in your plan's list of preferred providers. Even if you have a high deductible, you will still save money by staying in-network. Sign up for a plan that allows you to stay with your trusted doctor.
Whether you choose to go the home health care route or visit a local physician, be sure to check back here again for more health insurance help and information. Contact a member of our team to learn more about available options.