There are plenty of options for you if you have just finished college and you are looking for health insurance. If you are employed, you can use the employee insurance provided by your job. If you are younger than 26, your parents can still have you under their plan, or you can look up individual options too.
Remember that insurance is regulated by the state, and so it cannot be carried over state lines. This could mean that you are not covered if you need to visit a hospital out of state. Make sure you read your policy carefully to know what to expect.
Check with physicians and medical care providers that you use routinely to be sure that they will accept whatever health insurance you may be purchasing. Check your new insurance provider’s website. Often, insurance companies post a list on their websites of doctors or health care facilities that accept their plans.
If you are considering having a baby, try to find an insurance plan for healthcare that will provide you with the money you need throughout your pregnancy. This is critical because a number of medical coverage policies do not extend to certain elements involved with pregnancy and/or labor issues.
Getting insurance through an employer’s group plan is much cheaper than when you seek out your own insurance. The best way to circumvent this is to join an industry group which offers its members insurance at a discounted group rate.
Pay attention to all the bills you receive for your health care. Though you may believe your insurance plan is a fixed rate that you pay in premiums, you will be surprised by the charges that will pop up from time to time. Some of these surprise charges can really add up, such as those for prescribed medications. Some doctors don’t think of generic (and cheaper) versions of medications, and just prescribe the brand name medicine. If you can use different pharmacies, do some research to find out which one has the best prices. The price of generic medication may vary between different pharmacies.
Catastrophic Health insurance
If you are considering catastrophic health insurance, do your homework first. As health insurance for a healthy individual, it’s not worth it because you will end up paying all of your own expenses. If you purchase catastrophic health insurance, be sure to set up an account called: Health Savings Account. You must then make regular deposits. This will enable you to pay your deductible in the event of a catastrophe.
You should read your insurance policy to make sure you understand you coverage so there will be no ugly surprises when you need it. It might seem like an inconvenience, but when your insurer sends you an insurance booklet covering your policy details, make sure that you read and comprehend it. It can be tedious, but it will be worth it when you find things you didn’t know were covered.