When I got my kids a dog, I had no idea that it could affect my homeowners insurance. I happened to run into my insurance agent in the store when I was buying dog food and he asked me what kind of dog we had. When I told him, he said I should stop in the office the next day. I had no idea that things like this could affect premiums, so I started asking what else could do it as well. I created this site to help others understand some of the finer points of homeowners insurance and what they should think about to manage their rates.
As a young adult, you might have spent your entire life on your parents' health insurance plan, but now it's time to leave the nest and perhaps you need to seek out your own heath insurance provider. This could be especially necessary if your employer does not offer sufficient coverage or if you are in a line of work where health coverage is not typically provided by employers. If you will have to seek out your own health insurance plan for the first time as a young adult, here are some tips to keep in mind.
Healthcare Will Still Cost You Money Even With a Good Plan
When you get sick or need medical treatment, you can expect your insurance provider to assist with your bills. But the key word there is "assist." Some treatments or appointments may still have an out-of-pocket cost called a copay, or you may be required to pay a specific amount of money out of pocket before the insurance kicks in at all, and that's called a deductible. If you know you will need some type of ongoing treatment from a doctor or a specific specialist, look up any associated copays or deductibles for what you need and make sure you have the right plan.
Consider a High Deductible Plan If You Are Young and Healthy
For a lot of young people, health insurance may seem unnecessary if they are in good health. But it's always a good idea to have at least some coverage in case of emergencies. If you don't expect any major issues, you may able to keep your premium down by going with a lower tier plan. Keep in mind that a lower tier plan will typically have higher copays and deductibles, though, so weigh your options and account for any potential risks when it comes to your personal health outlook.
Look Up the List of In-Network Providers in Your Area and Any Drugs You Take
Beyond being mindful of any costs, make sure you can continue seeing your current doctor or that any potential provider you are interested in offers a wide selection of in-network doctors or treatment centers that will work for you. You may also want to check how your new health insurance provider will cover any specific prescriptions you take, including the difference in cost between name brand and generic medications.
Contact a health insurance provider like US Health Advisors - Jeff Christofferson to learn more.
Share26 October 2021
