How can I find good health insurance for myself? What are the things I should look for in an insurance policy?
You should consider working with an independent insurance broker to find good health insurance. The agent can present several health plans from different insurance companies. You should stay away from captive agents because these insurance agents work with only one company. He might show you several health insurance plans but they’re all from the same company. Keep in mind that the underwriting in each company is different. You should decide what type of coverage you want. There are insurance plans that offer high “up-front” coverage or the coverage available prior to your deductible. You should consider getting a high deductible health plan (HDHP) though if you want your monthly rates to be lower. You should also consider individual health insurance plans that have a Health Savings Account (HSA) attached to them. Your contributions to your HSA are all pre-tax, so if you need to use the money for future medical expenses, you can withdraw it free of taxes. Unused money in your HSA will be carried over to the following year so you can be sure that you have money for medical services you might need that your health insurance plan won’t cover. Finally, you should check if your policy has limitations. Some health insurance plans have limits on daily hospital stays, per occurrence maximum, or assistant surgeon fees. You should also check what your maximum out-of-pocket is. You should review your policy first to make sure you’re buying good health insurance. Answer by general public - July 3, 2009 @ 2:49 pm No CommentsNo comments yet. Leave a comment |
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It’s easy to find individual health insurance, but it’s a bit difficult to find good health insurance among the many plans that insurance companies offer. What you need to do is find the right health plan based on your needs and budget.
