Your first step in acquiring a new health insurance package should be crunching the numbers and coming up with a rough estimate of the total costs involved. The specifics on insurance and their co-pays, premiums, and deductibles can be very difficult to understand fully, make sure you do your homework!
If you’ve just graduated from college and are looking to purchase health insurance for the first time, keep the following in mind. You may be able to get health insurance from your employer, if you have one. You can also be listed under your parents’ policy until you turn twenty-six, or look into personal plans.
Your employer may have a wellness program available that can reduce the cost of health insurance. Employees who are willing to go in for a checkup may be eligible for discounts. You might be able to get lower premiums and sign up for a fitness program for instance.
Vision insurance can be worth having if you have vision issues, or if your family has a history of vision problems. The insurance covers all or most of your check-ups plus contacts or glasses. Vision insurance is voluntary coverage. There are people that save more money by not having vision insurance than having it.
If you can’t afford comprehensive insurance, then at least get catastrophic coverage. Catastrophic coverage is for emergency visits and hospitalization, while comprehensive coverage help pay the cost of doctors visits, prescriptions and mental health care.
Health insurance can help you pay less on your taxes. It’s common for people not to know that health insurance premiums are tax deductible. You can also include all money paid for prescriptions, your deductible, doctor visits, co-pays and any other non-covered medical expense. Check the guidelines since federal and state taxes differ.
Do not volunteer any information if you get a phone call from an insurance company. Be sure that you are only answering the questions that they ask. Giving extra information gives them more reasons to raise your rates or deny coverage.
Investigate your prescription coverage by reading your health insurance policy. Since this prescription list changes often, you should be sure to check it when you enroll again.
Regardless of whether your pet stays inside or ventures outdoors, it is wise to have pet health insurance coverage. There are still hazards indoors, and unfortunately, disease can strike anywhere. Your pet can break teeth, break bones or get sick inside, too!
You can find valuable information by reading your insurance policy. The handbook informs you of every benefit your policy provides and everything you are responsible for paying for out of pocket. Read it thoroughly so that you become familiar with all your benefits, including the ones you don’t expect to have to use. It might seem boring, but you really do need to know the information that is provided in there.
If you don’t have your health, what do you have? Having good health insurance is essential to making sure you stay healthy. Apply what you’ve learned from this article to get yourself good, high-quality health insurance.