Purchasing Individual Health Insurance: 3 Essential Tips
When you are purchasing individual health insurance, you will probably be overburdened with the premiums and options of online health plans. Health insurance is now one of the very expensive items in many people’s budgets, but it also can be one of the best decisions you make if you have some knowledge of choosing the right health policy for yourself and your family. These are the 3 essential tips which I give to my clients to apply when buying individual health coverage. They are:
Tip 1: Do not accept advice about health insurance from someone who is not qualified to give you the advice!!
This cannot be over emphasized. It baffles me how many intelligent people accept advice on what health insurance to choose from completely incompetent people to give you this important advice. For instance, when I see the imbalances of health plans (which I see virtually every day) and ask where they picked up the information from the health plan, I inevitably hear things like: “My brother-in-law asked me to select that health plan, he used to work in the hospital. ” or “I read an article that recommended the plan.” etc. Everyone has an idea about which health plan they should select. And because they are your relatives, or they worked in some health care related facility not related to insurance coverage, doesn’t mean that they have the response to your individual needs and issues! Work with an insurance specialist BEFORE the problems arise! You don’t know how many clients I’ve worked with that approached me after they selected a health plan on the internet and then they had a question of insurance coverage and they expect me to fix it, I want to tell you: you should have searched before! Many insurance experts get their payments via insurance companies, so you don’t have to pay for their services.
Tip 2: Determine your real needs.
The three things to keep in mind when determining your needs are: budget, standards of medical and hospital consultations and use of prescribed medications. Ask yourself these questions: How often do you see your doctor? Do you go to exams alone or do you go for ill visits? How many times have you been in the hospital in the last 2 years? Are you on regular prescription medication? What are they? Brands or Generic? This is another area in which many of my clients ignore. It isn’t possible to have maximum coverage in all these areas in any accessible way, the maximum coverage for the doctor and the hospital plus prescriptions leaves a tooth in the budget. Meanwhile, Medical Insurance 2020 policies provide on the site https://www.medicalinsurance2020.orgmore than one version of the same plan. For example, let’s say you have an “A health plan” that offers maximum coverage for the doctor, maximum coverage for the hospital, and maximum coverage for your prescribed medications. But “health plan A” costs the same as your mortgage.