If you’ve graduated college recently, consider a couple different things when looking for health insurance. If you are employed by a large enough business, you are probably eligible for company provided coverage. If you are 26 or under in age, your parents can keep you on their policy, and you may also search for your own insurance as well.
To lower your insurance premiums, see if your employer offers a wellness program for their employees. Many employers provide incentives for the assessment of their employees’ health and lifestyles. Joining certain fitness programs may help your company pay less for its insurance coverage.
Usually, individual policies cost more than group coverage that employers provide, so beware. You might need to choose a higher deductible and reduce some parts of your coverage to keep the costs affordable. Shop around, and compare plans to find the best rates and coverage.
If you have vision problems now, or if members of your family do and you think you will in the future, vision insurance is something you will want to purchase. This insurance covers some of your contacts, glasses and check-ups. Vision coverage is not required, and a number of people keep their wallets a little thicker by eschewing this particular insurance.
Let your health insurance get you money back on your taxes! A lot of people are unfamiliar that their health insurance premium is tax deductible. The cost of covering your deductible, co-pays and prescriptions are also tax deductions. State taxes are different than federal taxes though, so make sure to check the guidelines.
Expect health insurance policies to have hidden loopholes within the fine print. Read the policy completely, so that no surprises happen when they decline to cover something. You need to be ready to pay for things on your own that are not covered. Some medications and procedures are not always fully covered by insurance.
Your good health is of course, a major priority for you. Health insurance is the security that you need if you want to stay healthy. Use the advice laid out in this article to be sure you can get and maintain excellent health insurance.