There are few things in life more important than your health insurance, so it’s no wonder most of us find it daunting when shopping for it. “What health insurance do I need?” This can be a complicated question. But HealthMarkets can help.
Make shopping and consult a knowledgeable professional with an independent health insurance company. Why? You wouldn’t stand trial without a lawyer and you wouldn’t perform your own surgery. So, getting professional insurance guidance is an important first step toward making the right decision.
Rather than trying to answer “What health insurance do I need?” on your own, let a licensed health insurance agent help you through the process. Also, use this simple checklist to help make shopping for health insurance less intimidating.
Are you eligible for a subsidy? Find out.
Depending on your income, you may be eligible for a government subsidy to lower the premium costs of health insurance. You will be eligible if your household income is less than 400% of the federal poverty level (FPL). That is about $49,960 for an individual, $67,640 for a couple, and $103,000 for a family of four.
Compare plan premiums.
You compare prices for other important purchases. Why not do the same for health insurance premiums? Your health insurance agent can do this for you, so you don’t have to spend time making a lot of phone calls to insurance companies. Keep in mind that, although price matters, premiums are only half the cost of your health care.
Review other costs, too.
Compare the amount for deductibles, copays, coinsurance, and maximum out-of-pocket costs. These expenses determine how much your healthcare really costs in addition to the premium, because you pay them every time you seek medical services.
Check for your doctor and medications.
Do you have a doctor you want to keep seeing? If so, when reviewing your plan options, make sure you also review the doctors and hospitals covered by any insurance plans you consider. Verify that the plans include medications and alternative practices, such as chiropractic care, that you may use. This way, you’ll ensure that your “must-have” doctors and services are included.
Using this checklist, along with the guidance of a licensed health insurance agent, can help you answer the question, “What health insurance do I need?” HealthMarkets simplifies the health insurance shopping experience. With access to more than 140 different insurance companies with thousands of health plans nationwide, HealthMarkets can help you find the right plan for you and your. Call us 24/7 at (800) 304-3414 or meet with one of our more than 3,000 local, licensed health insurance agents.