Empowering you with the tools to make wise insurance decisions

Health insurance covers a variety of things, from your regular checkups and family care to your major medical expenses. The types of services that are covered will vary with different healthcare providers and plan types, so it is important to determine your needs before buying a specific health insurance plan.

Health insurance can help you pay for your routine healthcare costs as well as your major medical expenses (like hospitalization), depending on the type of plan you choose. Whether you get your health insurance through your employer or privately, you will pay a monthly premium of some kind. You may also have co-pays, deductibles, and coinsurance, which vary between plans and coverage.

Health insurance helps you manage the costs of your family’s healthcare, including regular doctor visits and unexpected illnesses and injuries.
Just one serious illness or an emergency procedure can have dire consequences for your financial health if you aren’t insured properly. Health insurance coverage may seem expensive, but if you compare your premiums to the cost of out-of-pocket payment for surgery and other medical procedures, there’s no question that healthcare insurance premiums are far lower in cost.

The cost of health insurance varies based on your plan type, whether you have insurance through an employer or private insurer, which state you live in, and how much of the insurance you cover (deductibles, co-pays, and/or co-insurance). Additionally, if you purchase your coverage through the healthcare exchange (Obamacare), you may qualify for government subsidies based on your household income.

When you begin your search for health insurance, you can look on the private market or through your state’s healthcare exchange. For those who are new to the process, it can be overwhelming, and that’s where a Licensed Health Insurance Broker can help. Your broker will look at all your options and make suggestions so you can make an educated decision.

We suggest that you start by assessing your needs. If you’re prone to illness, play high impact sports, or have a risky profession, it may be better to have a lower deductible plan rather than one with a high deductible, because you may use your health plan often.