In this post, I’ll explain every single step you need to take before buying or switching health plans. In each paragraph you’ll see a link to a video which is less than 2 minutes and very simple to understand.
What’s Affordable Care Act or ACA?
I bet you have heard of Affordable Care Act or ACA and probably like me, you said, “What is this another insurance plan” In very simple terms, ACA, helps more people get quality and affordable health insurance. It gives you the consistency and flexibility to make informed choices about your health care in ways they were not offered before, so the more you know about the Affordable Care Act, the better prepared you’ll be to make smart decisions about your health coverage.
What’s new in health care?
The ACA has raised the Medicaid limits in some states so more are eligible and is offering subsidies to eligible income levels above medicaid but still in the realm of struggling.
Open enrollment is between Nov 15 and Feb 15 and you need to use the time of open enrollment to get the proper health plan bought and set for your family, this will give you coverage from the marketplace in 2015.
Watch THIS SHORT VIDEO to understand more about Open-Enrollment and why is important to and your family.
How do I know which health plan is for me and my family?
That’s what the exchanges or the marketplace are for, This is a website that allows you to compare plans from a variety of providers, think, Travelocity for health plans. This website will be either the government Healthcare.gov website or your state’s individual marketplace website.
Watch THIS SHORT VIDEO about Health Insurance Exchanges 101 so you save as much as you can on health insurance.
What am I Buying?
After watching the previous videos, now you know a little more about health care, but do you really now what you’re buying? Whit so many details such as; deductibles, co-pays, premiums it could get very confusing right?
Buying Health Insurance 101
Insurance companies want you to be healthy, and health insurance is actually cheaper for you if you are. That is why preventative care and other measures are being covered by insurance more often now.
What to look for when buying health insurance?
It’s important to look at deductibles, co-pays, premiums and maximum out-of-pocket as well as the what is covered when comparing health plans. Before choosing a health plan, think about your family; What kinds of things you see doctors for? What kind of prescriptions your family needs?, What about operations?
I know, is lot to take in! These short videos may be able to explain what all of these terms actually mean.
Your health insurance costs can be affected by how much coverage, deductibles, and co-pays you take. This step is very important because it could increase or lower your cost of health insurance.
These short videos below explain main factors when buying health insurance. Watch them!
- Health Insurance Myths and Facts
- When and why to change health plans
- How to shop for health care and why is important to do research before buying
- The 3 main questions to ask yourself before choosing health insurance
- Tools and decision you make that will lower the cost of your health insurance
By now you should understand a lot more about what’s involved in the health insurance shopping process, but there are more things you can do to get the most out of your health care plan, such as:
- Check your deductible and out-of-pockets on a regular basis to stay ahead.
- When deciding on a plan, look for value ads provided by the company such as nurse lines, apps, and health club discounts too! Also, make sure to ask you Doctor how much medical tests will cost and if there are less costly alternatives. These short video will explain more:
- Your rights as consumer when having treatments and procedures done.
- Questions to ask your doctor about Medical Tests before making a decision on a medical procedure.
The research when buying health insurance should be as important as the research you do when a new phone or appliance, after all is your family’s health and nothing is more important than being healthy and a lower cost right?