How to choose and save for Medical Insurance?



While choosing an insurance plan may be challenging, here are a few steps to choosing one that best suits you.
  1. First, you want to find your market place. You can do this by going to HealthCare.gov and entering your zip code and it will show you whether your state is state-based Marketplace or Federal Marketplace.
  2. Then, you want to compare different insurance plans. The most common types are HMOs, PPOs, EPOs, or POS plans. The kind you choose will help determine your out-of-pocket costs and which doctors you can see.
  3. Next, you want to compare health plan networks.Eliminate plans that exclude your doctor or any local doctors in the provider network.
  4. After this, you want to compare your out of pocket costs. Determine whether you want more health coverage and higher premiums, or lower premiums and higher-out-of-pocket costs.
  5. Finally,  Compare benefits. Make sure any plan you choose will pay for your regular and necessary care, like prescriptions and specialists.
Hopefully these steps have been helpful in guiding you to choose a medical insurance that you like best, because your health is important:))!!

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