Here are 3 questions to ask when picking a health insurance plan:
1) What will the plan actually cost me?
In addition to the total cost of a plan, you should also think about the impact your
deductible amount will have. Some plans may have a high deductible, which means that
you have to pay a lot of money up front, before your plan starts to pay
their share of the cost. Other plans may have a more expensive monthly premium, but
have a lower deductible and lower out-of-pocket maximum, which spreads the amount you
pay out-of-pocket throughout the year.
2) Are my doctors and other health care providers included in the plan's network?
Many plans will not cover medical care that you receive from an out-of-network
provider. Even if they do cover some of your medical costs for out-of-network
providers - you may have to pay more out-of-pocket.
3) Does the plan cover my prescription drugs?
Check with the plan to see which drugs are covered by the plan. If your plan does not
cover prescription drugs you are taking or plan to take, you may end up paying more
out-of-pocket to access your medications.