Some think it’s only for those who are rich or elderly. Do not assume that you are not going to get sick, since that isn’t a great health plan. This article can help you understand how important health insurance is.
There are plenty of options for you if you have just finished college and you are looking for health insurance. If you have a job, you can use their employee-based insurance. You can get on your parents’ insurance if you’re under 26, in which case, you can also use that time to research plans.
Vision insurance is wise if you’ve had a history of vision issues in the past, or it’s in your family history. The insurance covers all or most of your check-ups plus contacts or glasses. Vision insurance isn’t mandatory, so some people spend less cash by not having this kind of coverage.
Keep track of your prescription coverage. Health insurance companies like to change what medications they are willing to cover, so make sure you read the fine print every time you re-enroll. If a prescription medication that you need to take routinely is not covered by your insurance policy, it’s time for you to find a new health insurance company.
During the phone interviews that health insurance companies conduct before granting coverage, don’t answer questions the company doesn’t ask. Only answer direct questions. If you give them more information than they have asked for, they will note it in their files and could take what they have learned to charge you more for your premiums or remove your coverage all together.
Check your health insurance plan to learn about what prescriptions are going to be covered under it. During your annual open enrollment period, check for changes to covered prescriptions in your current insurance plan, and evaluate any new options.
Check with physicians and medical care providers that you use routinely to be sure that they will accept whatever health insurance you may be purchasing. Check your new insurance provider’s website. Often, insurance companies post a list on their websites of doctors or health care facilities that accept their plans.
Though you may not be aware of it, adding your spouse onto your own health insurance policy at work can trigger fees if similar coverage is available at their own place of employment. It is possible that it is simply more affordable with two separate policies, so compare all scenarios.
Starting a personal Health Savings Account or HSA is a good idea if you are among the lucky few that rarely goes to a doctor’s office. This is an alternative to health insurance where you save money in a tax-deductible account in order to pay for health services.
Keep an eye on all of your bills. Even with health insurance, expenses can get costly, particularly prescriptions. Some doctors will write out their prescriptions with the name brand only, never thinking of the generic. Don’t forget to shop around. The amount that you will pay for the generic medication may be more at one pharmacy, and less at another.
Many people do not have the income to pay for complete health insurance coverage. If you are one of these people, but still want some level of health insurance, obtaining a health insurance policy that protects you from catastrophic events could be an effective and affordable alternative. Of course, this type of coverage can also be purchased for additional protection in extreme situations.
Hopefully, the above article has made you think about purchasing health insurance. Many people don’t realize until too late, that having health insurance might make the difference between life and death. It is far better to prepare and take heed. Health insurance can cost an arm and a leg, but not having it could cost you your arm or your leg.