The internet has made it easy to shop for health insurance. Simply type in the term “buy health insurance” and hundreds of choices will come up. There will be companies directly listed, and insurance brokers listed as well. This actually leads to the problem at hand, “How many family health insurance quote do I need?”, as it is easy to get overwhelmed with all the information. This should help solve some of the outstanding issues.
This is one question often overlooked by those searching for insurance coverage. Because the internet is so easy, people often type in a few searches and pick a company. Everyone should contact both online and offline agents for a quote. While the internet is efficient, it is often not that good at explaining options in health plans, and the pro’s and con’s of different plan choices. This is where a health insurance agent or broker can be a great help.
I usually suggest users to get at least 2 online quotes and 2 offline quotes to compare. The real key is to make sure you are getting a family health insurance quote on approximately the same coverage. The reason to get the quotes in the first place is to compare prices and offerings and make a decision on the best deal for you and your family. If you get quotes on totally different plans, then there is no real way to actually compare what you are given.
The copay amount is the amount you will be required to pay for each visit to a doctor or hospital. For the larger cost items, such as hospitalization or surgery, you want the lowest copay you can afford within reason. You have to figure this is probably a rare event (hopefully!) so there is no need to pay exorbitant premiums to have very little or even no copay for most people. But, you don’t want to break the bank if something bad happens.
The one to watch is the doctor visit copay. If you are healthy, you might only visit the doctor once or twice a year. Why pay more every month for a low office copay – its wasted money. The difference in premium can be as much as $40-100 per month for a family for a very low office copay. It often makes sense to just pay a much higher copay when you visit – it will save you a lot of money in the long run.