There are so many different health plans available. Choosing the right one for your needs may seem overwhelming at first, as there are many different options. However, researching and speaking with an insurance professional are great ways to learn more about the different possibilities and select the one that will be best for you.

Deductibles are amounts that are typically paid yearly. Before an individual reaches their deductible, they won’t have the full scope of their health insurance policy. Once the deductible is met, they will typically have access to their full policy. Deductibles are expected to be paid entirely out-of-pocket, though there is a program that can help pay for some deductibles.

High-Deductible health plans

High-deductible health plans are an insurance option that some choose in order to save money. This may sound contradictory, as they do have a higher deductible than other plan options. However, these types of policies typically have lower premiums. 

Premiums are amounts that must be paid monthly, whether or not you use your health insurance coverage. Deductibles are amounts that are only paid when your coverage is used. This means that you could potentially save more money if you don’t use your health insurance coverage. 

Why choose a high-deductible option?

If you are not anticipating using your health insurance but still want to have it in case of an emergency, then this is an excellent option to save you as much money as possible.

Medigap

Medigap is supplemental insurance that’s solely for those enrolled in Original Medicare. The purpose of Medigap is to cover some of the costs that would otherwise need to be paid for out-of-pocket. Enrolling in Medigap is an excellent way to save money and make sure that you’re paying as little as possible. There are two different Medigap policies that have high-deductible options. It’s important to keep this in mind while you’re looking at all of the choices that are available to you.

Making the right insurance choices for you

There are so many different things to keep in mind when you’re looking at different insurance policies. What areas of your insurance you’ve used in the past, any current medical needs you have, and what you’re anticipating the future being like are all things that should be taken into account. High-deductible policies are an excellent choice if you’re not anticipating using your health insurance and are looking for a low premium option. Taking advantage of this choice is a great way to save money while still having access to healthcare.

If you’re interested in learning more about your health insurance options, you can contact us today. We’re here to provide you with information and make sure you have the tools you need to select the right policy for you. We look forward to speaking with you and working with you on your health insurance journey.

When it comes to receiving medical care, the billing aftermath can be devastating. Finding ways to pay for healthcare can be financially overwhelming, so it’s important that you know there are different options available to help you pay for medical bills if they should arise. Being aware of these options means that you’ll have the freedom to choose between them and decide which one is the right choice for you. One of these options are short-term health plans.

Short-term health plans

This type of policy is meant for people who are between forms of insurance. If you lost your job or are waiting to enroll in another policy, it’s still important that you have health insurance. Short-term health plans are an affordable way to make sure that you still have access to medical care without a typical form of insurance.

This type of insurance is typically much cheaper than many major medical policies. Taking advantage of this lowered cost is a great way to make sure that you’re paying reduced bills until you can enroll in another health insurance option.

It’s important to keep in mind that this type of policy exists in a wide range. Coverage options and pricing can all vary depending on the specific policy and what it offers. If you’re considering purchasing this type of health insurance, it’s important that you do some research and are aware of all the different choices available. Taking a look at the policies on the market will give you an idea of what will be the best choice for you and your medical situation. Fortunately, iHealthcare can do this research and make plan comparisons for you.

While coverage can definitely vary, short-term health plans will typically provide less coverage than other insurance options. But, since they’re not intended to be a permanent solution, they will typically include coverage for some emergency situations. This type of insurance is a great way to save some money and be prepared, but it’s not intended to be a forever policy.

Should you consider this type of policy?

If you’re not currently enrolled in a health insurance policy, you should consider if a short-term health plan could be the right choice for you. They’re an excellent option if you’re looking to get some coverage without paying high prices. Enrolling in a short-term health plan is a decision that could save you some money until you can enroll in a more permanent health insurance option.

If you don’t have health insurance, it can be overwhelming to think about the financial ramifications of a medical emergency. Short-term health plans work to reduce some of that worry by providing temporary coverage.

If you’re interested in learning more, you can make an appointment with me to discuss if a short-term health plan is the right choice for you.