4 Tips for Choosing the Right Health Insurance Plan

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Health insurance is necessary, especially with the rising cost of healthcare in the United States. But most people will agree that choosing a health insurance plan can feel confusing, especially if you don’t know much about the industry.

Here are a few tips to help when you are choosing a health insurance plan:

Jonathan Nolan, JPN Insurance

  1. Pay Attention to the Deadlines

One thing that makes health insurance unique is that you can’t sign up whenever you want. Certain enrollment periods need to be followed. For example, there is an open enrollment period in the fall of each year when you can choose the coverage for the following year. Additionally, there are smaller windows when you can change your plan based on big life events, such as having a baby or changing jobs.

  1. Look at the Coverage Details

When you are choosing a health insurance plan, it’s essential to look at the details of the plan and consider your lifestyle. Make sure the coverage takes care of your family’s most important needs. The deductible and coverage can also vary depending on if you are anticipating major medical expenses in the upcoming year, such as a pregnancy or surgery.

  1. Shop Around

Never make assumptions that your current plan is the best for your needs. When open enrollment starts, talk to an insurance provider who can help you compare various plans. Sometimes it makes sense to change insurance companies in order to maintain the best coverage for yourself and your family.

  1. Consider High Deductible

If you are wanting to minimize your monthly out-of-pocket costs and you don’t go to the doctor often, then you might consider a high deductible plan. This solution is often paired with a Health Savings Account or another way to ensure you have cash available in case it’s necessary to pay the deductible. A high-deductible plan is only recommended if you don’t anticipate many health care costs coming up and you are generally healthy

Talk to the Experts

Do you need help choosing the best health insurance coverage for you and your family? Then reach out to our team at JPN Insurance Services. We’ll help you learn more about your options so you can have the best coverage for your unique needs: (951) 443-9925