Four Tips on Choosing Health Insurance During the Holidays
This article was written by Dallas startup Take Command Health. TCH has a few tips to help you survive the holidays and sort through the confusion of health insurance. They are just in time as the deadline for open enrollment is December 15th. Take Command Health seeks to make the process of shopping for health insurance easy and transparent. To learn more about TCH, visit their website or watch their client testimonial video.
During the holidays, it’s easy to get wrapped up in all of your responsibilities: planning parties, welcoming out of town guests, taking care of your kids and taking care of your own parents. With so many things on your plate, thinking about your own health is often the last notch on your list of to-do’s. A simple reminder: don’t forget to take care of yourself this holiday season—and that includes being proactive about your health and health insurance.
So many people are frustrated with their lack of options, transparency and cost of health insurance these days. To make matters worse, there are less options available to people via outlets like Healthcare.gov than before. With such a complicated world of health insurance out there, here is what you need to know:
Consider ALL of your health insurance options
There are several ways to purchase health insurance. When you shop at Healthcare.gov, you’re only seeing “on-exchange” plans. However, companies only make a fraction of their plans available “on exchange.” If you go directly to an insurance company’s website, you’ll see their “off-exchange” plans. There are also private exchanges, co-ops, and even faith-based “medical sharing” plans that function similar to insurance.
Don’t assume everyone has to be on the same plan
It seems like everything is bundled these days—from cell phone plans to bulk purchases at Costco, the most cost effective way to spend is buying in multiples. Right? When it comes to health insurance, sometimes you can actually save money by purchasing individual policies for your family. This is particularly true for families in which one family member has a chronic disease. If one family member will be utilizing health insurance more frequently, purchasing routine medications and using specialist doctors, it can be beneficial to have a separate plan for that family member.
Hold on to your doctors
Having trouble finding your doctor this year? You’re not alone. The reality is doctor networks are shrinking and fewer health insurance companies are offering plans to individuals. Individual plans typically reimburse doctors less for services than large group or employer plans. As a result, many doctors with established client-bases are no longer accepting even the individual plans that remain.
Take advantage of telehealth
One thing we can all agree on is nobody has time to be sick. Sickness always ensues at the worst times and the last thing anyone wants to do when you or a loved one is sick is leave the house to sit and wait in the doctor’s office for a diagnosis. Take advantage of telehealth this holiday season to save you time and money.