Depending on your health level and appetite for risk, you can often find a policy and price that’s just right for you. The four main variables to consider include the deductible, copayment, annual limits, and the actual coverage offered in your policy.
- Deductibles, the amount you pay before insurance pays.
- Copayments, the percentage that you pay toward medical bills.
- Annual limit, the total amount the insurer pays.
- Medical services, treatment, and drugs the policy covers.
When getting individual health insurance, insurance providers typically pay up to 100 percent of the costs of preventative health care, such as checkups, screenings, and vaccines. This is an important aspect to know when selecting a health insurance policy.
Health insurance can be a complicated subject. Contact us to learn more about it and your coverage options.