Many employees with health insurance get just one opportunity each year to review or alter their coverage. It is important to assess your health and family situation regularly and adjust your plan if necessary. If you are a healthy adult, you may wonder which plan is the most cost effective and best fit for your situation.
Single individuals in good health with no dependents should use this time to save money and plan. The option that is most inexpensive is usually an HMO. This should provide all the coverage needed. You’ll save money by using the network health-care providers, especially your primary care physician. They can also provide referrals to specialists when needed.
Each Individual Has Specific Needs
If staying in-network is not a concern, you can save additional money by opting for a plan with a higher out-of-network deductible. It is always a good idea to make sure your preferred physicians are part of your plan. If this is not the case, it is best to choose the lower out-of-network deductible options.
Married couples should review both their employer-sponsored plans and compare the costs. There may be a significant cost savings by remaining on separate plans or going together with one. Some employers will offer cash to employees who opt out of coverage. On the other hand, there has been a growing trend to charge an extra fee to discourage workers from adding a partner to their plan. Make sure to do your homework before deciding on coverage.
If you and your spouse are both covered by health insurance through your employers, you may have another choice to consider. One spouse may choose to stay on his or her company’s plan while the other takes the employee/children option. Whatever your choice, always make sure your dependents are eligible for coverage in your plan before taking them off a current insurance program.
If you are a young adult seeking to find the right plan for you and your family, contact Fast Health Insurance. Their agents realize factors in your life sometimes change very quickly. There are instances when you don’t know which plan to choose. Fast Health Insurance keeps up with the latest coverage plans and can help advise you on the most optimal choice. Relax and know Fast Health is taking care of all your needs. Give them a call today at 630-688-2452 or visit their website for more information.