What to look for when choosing a Health Insurance plan
Health Insurance. Better to have it and not need it than to need it and not have it. Read that again.
Far too many people wait till is too late to get covered and expect the insurance they just signed up for to cover an ER visit from the week prior after seeing the sticker shocking bill. It’s important to think ahead about those “what if” situations. Thinking ahead can, and will protect you and your family from potential medical bankruptcy.. so don’t wait!
#ProtectYourHealth and speak with me, your health insurance advisor
You may not be the type to get sick during flu season and maybe you do stay on top of your daily vitamins, but did you know the number one reason healthy people end up in the hospital is due to accidents? Yes, accidents! We’re talking broken pinkies from a door jam to snapped femurs from falling off of a horse without a saddle. Accidents happen everyday and its not necessarily because your are unhealthy, but it’s because us humans can be a little clumsy sometimes. Those accidents can hurt you… and your wallet if you are without coverage are exposed to these expenses within the U.S. healthcare system. People without coverage sometimes end up in deep debt or even bankruptcy as a result.
Accidents can be surprisingly expensive:
Broken legs can cost more than $7,500 to fix.
A 3-day hospital stay averages $30,000 in total costs.
Plans that offer additional accident protection is something worth looking into, especially if you are more active or if you do manual labor.
There are a few things you want to look for when finding a great health insurance plan. Look for these three types of protection against high medical costs when evaluating plans:
A Low Deductible. Not many public marketplace plans offer low to zero deductibles and usually if they do, they can be extremely expensive. On the other side of the street, there are private medically underwritten plans that do offer zero deductibles at an affordable rate if you are a relatively healthy person.
What is the out-of-pocket maximum? The most important aspect of insurance is and will always be, the out of pocket maximum (OOPM). This is essentially what protects you and your family from devastating medical bills by capping the amount you have to pay before the insurance covers the rest of the cost (no matter how large the amount). *Very Important*
Preferably on a PPO Nationwide Network. Having the flexibility to choose any doctor you want, travel anywhere within the U.S. knowing your coverage will follow, and taking advantage of the in-network discounts on services is why a Preferred Provider Organization (PPO) tends to be the more favorable network out of the bunch. HMOs and EPOs are perfectly fine too if you prefer to have a limited range of coverage to just about your county line or zip code and also a smaller selection of doctors as well.
Are you ready to work with an healthcare advisor?
Make sure you protect your finances and health by finding a great plan! Although my job is to help you find your best-fit health insurance plan, you will more than likely become an expert in the field by the end of our call! The United States health systems can be tricky to navigate, but I make it simple and easy to understand so that you can take control of your healthcare! Review all of your options to get insured today with me, your health insurance advisor Emmanuel Lopez at Top Tier Coverage today! Book a time here, text or call 757-281-8178!
