Whether you are getting healthcare plan from an insurance company on the private market or through your employer, or maybe the Obama Care exchanges, it is important in any case to ask yourself as to what is your health insurance provider is doing to keep you and your family healthier. May be its time for you to demand more from your insurance provider. You can make the judicious decision by carefully considering your options, but how would you do that?
Here are some reasons why it’s time to reconsider and evaluate your health care plan and how can you do that:
- Do you Afford the Plan?
The first thing to consider is price of the plan. You should consider affordable health care insurance and deliberate on elements like premium payments, yearly deductibles, co-payments and out-of-pocket maximums. Also evaluate your plan against your choices for health care payments and savings like health repayment account, health saving accounts and flexible spending account. Lower monthly premium payments can keep more money in your pocket, but they could cost you more deductible and more co-payments. On the contrary, higher monthly premiums are costly each month, but offer more coverage to decrease your out-of-pocket expenditures.
- Health Savings Account
A Health Savings Account is another viable choice to pay for, and even save for, health care expenditure. If you have a Health Savings Account, pairing it with a high-deductible health care plan will strengthen it. This will enable you to keep aside a specified amount of pre-tax dollars to pay for your existing and future medical costs.
- Preventive Care
Preventive care like yearly medical examinations and screenings would help you stay healthy. If potential health problems were diagnosed early, it would decrease your medical expenditures. For this, you need to check the cost of such services with your health care plan provider.
It would also be wise to consider what medical services would you and your family members need during the coming year. Ask yourself the following questions:
- Do my family members or I visit any specialist doctor to treat an enduring health issue?
- Do I anticipate any potential surgery?
- Do my family members or I use prescription drugs on regular basis?
- Do I need more coverage for dental or vision care?
- Do I plan a pregnancy?
- Consider your Hospital and Doctors
While evaluating your health care plan, you should also consider your doctor and hospital. There are some plans that would require you to get services only from doctors and hospitals falling under their network. There are others that would provide limited facilitation when you go outside the network for care. Moreover, there are some providers who would want you to select a primary care doctor to take care of your health care and refer you to specialists whenever needed.
- Resources and Additional Services
Many health care plans would offer you to use tools, such as personal health record, calculators to make cost estimations, questionnaires for screening, and coaching classes over the Internet. These services are meant to facilitate you and help you stay healthy.
Even though it may appear pretty easy to simply renew your existing health care plan, yet it would always be a wise decision to evaluate your plan every year. Newer and more attractive options are always out there and it depends on how motivated you are to go and catch them.