shopping for health insurance?

Question

my husband pays $200 every two weeks for health insurance for 4 of us from his employer. Id like to shop around for other options, but the health insurance market is so huge, i dont even know where to begin! any suggestions or advice?

Answer 1

Do as much research as possible, first you should realize that that Group coverage (which you currently have) is guaranteed issued without medical underwriting. Individual and family plans that you purchase from agents, or directly from health companies are medically underwritten. This means that if you or any of your family members have health conditions (or have in the past 12months) or take medications it may be difficult or impossible to obtain a plan outside of your husbands employer. If your family is very healthy, then keep going and first ask get a list of your doctors and you should call your drs office and ask what health plans they accept. Buying a plan that your Dr. does not accept would be worthless. In the USA three types of plans have emerged in the last two years, 1. PPO Participating Physician Organization, you can visit any dr within the list of participating physician (normally thousands) and receive discounted rates, copays, and normally involve co-insurance. 2. HMO Health Maintance Organization, with this type you pick 1 primary care physician, and if you need specialty care, your primary care physician will refer you out. 3. HSA Health Savings Accounts, these are High deductible plans, (perfect for self employed) these are long term strategic plans, you take control of your healthcare costs by purchasing a low costs High Deductilbe (normally 2500-10000) and you pay everything out of pocket until you have reached the deductible. A smart consumer will open a HSA account at a financial institution (Federal Tax Exempt) earn at least 5% interest and fund it, whatever is not used up by the end of the year rolls over the following year (the money, and account belongs to YOU), Learn more at www.HSAInside.com

Lots to consider, I suggest you interview at least 3 or more brokers who specialize in Health Insurance and don't sell anything else. Lots of plans to pick from, so speak to someone with experience.

Answer 2

First, figure out what type of plan you are looking for. There are essentially two kinds of heath insurance: Fee-for-Service and Managed Care. Although these plans differ, they both cover an array of medical, surgical and hospital expenses. Most cover prescription drugs and some also offer dental coverage.

If your employer gives you a choice of plans or you need to purchase your own coverage, it is crucial that you understand your health insurance choices and pick the insurance that is best for you and your family.

Here are some questions you should ask yourself when choosing a health insurance plan:

How affordable is the cost of care?

Does the insurance plan cover the services I am likely to use?

What is the quality of the insurance plan I’m looking at?

To comparison shop you may start by getting a quote at: http://www.insureme.com/landing.aspx?Refby=614499&Type=health. This web site will allow you to compare prices and find the best price and coverage. It is free of charge and they even give you the option to speak to local agents if you have questions.

I hope that helps!
Ron @ InsureMe

Answer 3

Chances are, that's the best deal to get. Employers offer much cheaper rates than getting insurance on your own. Shop around, but it's likely that you won't find a cheaper/better deal. Good luck!

Answer 4

I recommend one to visit this internet site where you can get quotes from different companies: http://COVERAGEDEALS.NET/index.html?src=5YAGFFICIeIa1

RE :Shopping for health insurance?
my husband pays $200 every two weeks for health insurance for 4 of us from his employer. Id like to shop around for other options, but the health insurance market is so huge, i dont even know where to begin! any suggestions or advice?
Follow 5 answers

Answer 5

Speak to them, they will be your best guide for health insurance plans,
"http://www.dpbolvw.net/email-1961891-10425134"