CHICAGO, IL — (Marketwire) — 07/16/11 — When it comes to purchasing , there are a few things that consumers should consider when switching plans or buying health insurance for the first time.
Here are ten do-s and don-ts for purchasing a plan:
1. Do compare . There is no one-size-fits-all health plan, so find a policy that fits your budget and health care needs.
2. Don-t purchase a policy with the highest deductible and lowest monthly premiums without a lot of consideration. The lower monthly payments may be tempting but if there is a serious illness or injury then meeting a really high deductible may be tough.
3. Do look for health insurance coverage that includes your preferred doctors and hospitals.
4. Don-t buy a plan with a restricted network of providers if you prefer flexibility, travel a lot or have children away at school.
5. Do match high-deductible plans with (HSA). HSAs offer tax-free savings and can be used to pay a deductible — just make sure you can match the deductible in an emergency.
6. Do consider copayment and co-insurance rates. Co-insurance rates can get expensive for brand-name, specialty prescriptions and hospitals visits.
7. Do search for plans that include dental and vision coverage. Couples and women thinking about a family in the future should also consider maternity benefits.
8. Don-t buy coverage without talking to a licensed agent. An agent will help you make decisions or inform you of benefit options.
9. Do compare before purchasing a plan. Some insurers may offer mobile applications, online payments, or coverage for gym memberships.
10. Don-t buy a health insurance policy at the last minute. Once you apply for coverage there is an underwriting process that can take a couple months to be approved but it depends on the insurer.
Compare health plans at or call 888-250-3409 to talk to a licensed agent.
GoHealth.com is the most complete health plan comparison resource online and has helped more than 2 million Americans obtain coverage. Consumers use the GoHealth.com platform to research, compare, and purchase coverage from the nation-s top insurance companies using online technology, by phone, and through a nationwide network of trusted advisors.
Contact:
Mark Colwell
GoHealthInsurance
312-386-8247
You must be logged in to post a comment Login