How to Determine the Best Healthcare Plan for You
The new Affordable Care Act allows you to choose from a variety of healthcare plans. While it is good to have choices, the amount of plans you have to go through can be overwhelming. The following tips on how to determine the best healthcare plan for you will help you choose the right plan.
- Figure Out What You Need: It is natural to choose the insurance with the lowest premium, but try to look beyond the cost. Figure out what you want and need the most, from keeping your doctor to specific tests. When you narrow it down to a price range and features, you can start from there when sorting through plans.
- Find Out What Is Covered: It is best to find out what doctors and hospitals are fully covered before signing up for insurance. Some plans restrict the doctors and hospitals, while others cover almost all providers. This is very important if you wish you keep your current doctor and hospital.
- Take Note of The Complete Cost: You cannot rely on the lowest monthly premium alone when choosing an insurance plan. There are five factors you need to keep in mind when choosing insurance, and they are the premium, deductible, co-payment, coinsurance and out-of-pocket maximum. Please keep in mind that the lowest monthly premium may not cover everything, such as an emergency or overnight hospital stay.
If you need additional tips on how to determine the best healthcare plan for you, the staff at the Schumacher Insurance Agency is ready to help you choose the plan that best fits your lifestyle. We are certified, experienced and willing to pass our knowledge onto our clients.
When you are ready to choose a healthcare or insurance plan, contact us and we will get back to you in a timely manner.