One of the major advantages of an individual health insurance policy over a group plan is that it can be customized to provide the benefits that consumers find most important. Whether consumers want to save on monthly premiums, modify benefits, or change their plan at any point in time over the year.
Here are four ways to personalize your policy:
1. Add or remove specific benefits. Maternity, vision and dental benefits aren’t included in every health insurance policy but they can be added as a rider or purchased separately. Talk to your agent about the benefits you need to determine what you should look for in a plan or go without.
2. Check for prescription coverage. Do you have monthly medications that require a lot of out-of-pocket spending? Find a new plan that provides more coverage for prescriptions.
3. Pick a policy with your favorite health insurance providers. If you start seeing a new specialist or physician, make sure that doctor is included in your network. This will help limit the cost of visits and ensure coverage.
4. Choose a plan to fit your budget. Would you prefer higher monthly premiums for a lower deductible or lower monthly premiums with a higher deductible? If you are good at saving, a high deductible plan with a Health Savings Account is a great way to save funds on health care services tax-free while providing flexibility.
If you believe your policy needs to be customized, please feel free to give us a call at 860 684 2721 or visit our website for more information.