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Keeping your family healthy is essential. An integral part of the health of your family comes down to health insurance. Health care is a massive industry in the USA. And, if you don’t have health insurance, paying for things like medication, doctor visits, and emergencies can be incredibly expensive.
Despite the cost savings for most families, almost 20% of American families are completely uninsured. While many cannot afford insurance, others don’t have it for a variety of reasons.
So if you are uninsured or looking to change insurance, how do you decide which coverage is best?
Well, it isn’t always easy. Thankfully, there are some great tips to help you out on your journey to finding the right coverage. Without any further ado, let’s look at some ways to decide and identify which type of health insurance plan is right for you.
Identify Your Needs
First up, you need to identify your needs as a family. Some families may need extra dental or vision coverage or might require more affordable prescription drugs. Based on these needs, you will be better suited to select a type of insurance that works.
There is no use to pay for features or benefits that you won’t use, so be careful when selecting.
However, if you’re not sure of your needs, getting a general plan that has a bit of everything is a good option. Plans can also be changed and altered/added to if need be most of the time. As a result, if things come up and your needs change, you can ultimately change your plan or health coverage.
It is a good idea to keep track of previous health treatments your family has received and get a plan based on that. Of course, predicting every medical expense you will have is impossible, so just do your best based on the information you have.
Know Who is “In-Network”
Many people think that is you get health insurance and have coverage, that you are covered no matter which doctor you visit. Unfortunately, that isn’t always the case. Certain providers will have contracts with specific health insurance companies. If you have a plan with these companies, their in-network doctors will often offer discounted services.
If a doctor doesn’t accept your health insurance plan, the costs can often be quite a bit larger. Many families already have a family doctor, so it is a good idea to find out which network they’re in. If they are not “in-network” with your new provider, it is a good idea to familiarize yourself with who is.
Compare Available Options
Once you know your needs and are aware of who is in-network in your area, it is time to compare options. There are many different health insurance providers, and each offers a wide range of potential plants.
Of course, you want to figure out their monthly premiums and how large of a deductible you pay. However, those are far from the only important things to think about.
There are many potential choices and lots of considerations to make. You need to learn what is the difference between an HMO and PPO, which prescription drugs are covered by which plans, and so much more.
If you’re struggling to compare the options you have, don’t hesitate to speak to an expert, as they can help make sense of it all.
We hope this helps you decide which health insurance is right for your family. Every family has different needs, so be sure to find health insurance that matches up with those needs.
Krystle Cook – the creator of Home Jobs by MOM – put her psychology degree on a shelf and dived into a pile of diapers and dishes instead. She is a wife and mother to two rambunctious boys, sweating it out in her Texas hometown. She loves cooking, DIY home projects, and family fun activities.