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Get the Best Health Insurance Plan for You
Posted By Miranda Marquit On 03/05/2013 @ 12:08 pm In Health Care,Insurance | 4 Comments
According to a Kaiser Family Foundation study , health care expenditures in the United States approached $2.6 trillion in 2010. On top of that, between 2002 and 2010, employer-sponsored health care premiums (many Americans still rely on the workplace for coverage) rose 97%.
Health care costs continue to rise, and families find that an increasing chunk of their budgets go toward paying for health insurance. If you want to use your health care dollar to best effect, you need to be careful about getting the right health insurance plan  for your situation.
Carrie McLean represents eHealthInsurance, and offers some insights into 3 basic things to look for when choosing a health insurance plan:
McLean suggests that you review the “Summary of Benefits and Coverage” document that all insurance providers have to provide for you. You can get a realistic idea of what items cost under your coverage, as well as what benefits you can expect to receive with each plan.
When choosing a health insurance plan, you also need to keep in mind the Patient Protection and Affordable Care Act (PPACA). McLean says that even though there are some changes coming for 2013 , this year is largely a “gap year.” “A number of provisions from the health reform law went into effect between 2010 and 2012,” she explains. “It’s not until 2014, however, that the last big provisions of the law come into effect. These include the mandate requiring most people to have coverage, and the federal subsidies that will be made available to help some people afford coverage.”
McLean says that there is a temptation during 2013 to wait until 2014 to find health insurance. However, that might not be the best option. “How awful would it feel to go bankrupt due to medical bills right before health reform comes in to make coverage more affordable and accessible?” McLean points out.
Even if you can’t get employer-sponsored coverage, and if you are having a hard time with individual coverage , the PPACA can help you — even though protection against rejection for pre-existing conditions and other provisions aren’t in effect yet. “A 2010 provision of the health reform law strengthened state-sponsored high-risk pools and pre-existing plans,” McLean says. “You can learn more about these options through your state department of insurance or pcip.gov .”
As you choose the right health insurance plan for your own needs, there are a few strategies you can employ to reduce your costs. Here are some of the suggestions that McLean makes for getting the best possible deal:
With the right plan, you can protect your family’s health — and your finances.
(Photo: clevercupcakes )
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 Kaiser Family Foundation study: http://www.kaiseredu.org/issue-modules/us-health-care-costs/background-brief.aspx
 right health insurance plan: http://www.bargaineering.com/articles/open-enrollment-evaluating-health-care-coverage.html
 medical benefits: http://www.bargaineering.com/articles/money-leaks-medical-benefits.html
 health reform: http://www.bargaineering.com/articles/effects-ppaca.html
 changes coming for 2013: http://www.bargaineering.com/articles/affordable-care-act-upcoming-2013.html
 individual coverage: http://www.bargaineering.com/articles/selfemployed-health-insurance.html
 pcip.gov: http://pcip.gov
 clevercupcakes: http://www.flickr.com/photos/clevercupcakes/4576733748/
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