Read your insurance policy. It might not cover what you think it does.
How many of you have bought a health insurance policy and then not read the contents? There a millions who do not, and there are also millions who find out later that what they thought was covered in the policy is not. That means having to pay for medical bills out of your own pocket and then trying to sort out what your health insurance actually does cover later, which could be expensive and embarrassing.
Instead of snapping up a deal based on affordable health insurance quotes you got online, take the time to find out what the policy does and does not cover. Wouldn’t you rather know what is covered up front than guess later when you need it? Keep in mind that, just because a policy is affordable and your budget is telling you to be pennywise, the cheapest policy may not be the best one for you.
Keep those two factors— your budget and what coverage you need—in mind when you go hunting for affordable health insurance quotes. Cheap is not always the best way to go, as a cheap insurance policy may only give you limited basics. This is where you need to start asking a lot of questions, like what do you pay out of pocket and what does the insurance company pay? Find out about co-pays, premium costs and deductibles, but most of all, find out everything with the potential to affect you directly before you buy a policy.
But you might be thinking you can save money up front by getting a really cheap policy. There are two reasons this is a fallacy. This first thing is while it may be a cheap policy, it does not offer the coverage you need. Second, you would be throwing money away on something that won’t provide coverage. How do you save money there? You don’t.
Overall, it makes good economic sense to get a policy that offers the right kind of coverage for you and/or your family. Those without health insurance and those with cheap health insurance that only covers the basics may want to consider getting insurance now. Come 2014, you must have it.
Clelland Green is with Benepath.com, a leader in providing health insurance quotes. Benepath provides individuals, families, and businesses with affordable health insurance quotes in just a few mouse clicks. To learn more, visit http://www.benepath.com.
