Health Insurance for you and your family

Healthcare and health insurance landscape has changed so much in the United States : as a result, more individuals and families have started purchasing health insurance coverage on their own. They may have their own reasons for doing this, but they must prudently select a policy that will suit their needs. There are ten basic ideas which will assist them in getting the best health insurance policy for their specific situation.

Below is a combination of ten questions and suggestions that will provide the tools necessary to get a medical insurance policy that will best work for you and your family.

1) If you consider your typical health and medical care expenses in a calendar year, you will be surprised to learn that you would be financially better off in most years to purchase a high deductible health insurance plan and use the premium savings to directly offset heath care expenses throughout the year.

2) How long do you anticipate needing the health insurance coverage? Temporary policies that can be put in force for 1-6 months are relatively inexpensive. If you are in between jobs or in a waiting period for employer coverage, this may be your best option.

3) What is your budget? If your budget is tight, having a $1000, $2500 or even $5000 deductible is better than having no coverage at all. The ability of doctors and hospitals to save and prolong life in the United States is in many cases extraordinary. However, their treatment is not free and going without health insurance coverage may eat up your life savings and assets.

4) Be careful to choose a plan that covers the "big stuff". A policy may cover items such as: physician office visits, routine physicals, outpatient testing, and blood work. In addition, it is essential to have coverage for major services such as cancer treatment, transplants, critical illness, traumatic accidents, and infectious diseases. Find out the lifetime maximum amount as well "internal" dollar limits of the policy.