Health Insurance 101

Health insurance allows you manage your health care costs. From doctor checkups or injuries to treatment for long-term illnesses, health insurance can save you from costly visits. Instead of a large out-of-pocket cost, you pay health insurance premiums to get benefits to pay for health care expenses. Because health care can be expensive, it’s smart to have insurance so you’re prepared for the unexpected.

 

Choosing health insurance that’s right for you

There are many types of health insurance plans. Which one is right for you? Here are some basic questions to ask to help yourself decide:

How do I want to make appointments? – With some plans, you’ll choose a Primary Care Physician (PCP). If you need to see a specialist, you’ll often need a referral from your PCP. With other plans, you can go directly to a provider in your network to make appointments.

Where do I want my care located? – Health insurance companies utilize networks – a groups of doctors, clinics and hospitals they’ll cover – by arranging pricing so you’ll save money. If you already see a physician, ask what insurance carriers they accept.

What kind of coverage do I need for prescription medications? – Each plan has a Prescription Drug List which is a list of medications that are covered. Check your medications to see if they’re on your health plan list so you’ll know your costs ahead of time.

What services are covered? – No each plan is different, coverages vary. Vision and dental services are sometimes covered. View each plan you’re considering so you know the costs and benefits up front.