Having quality health insurance is an important part of staying healthy. Continue reading to learn from experts how to choose and maintain health coverage which will keep you free from costly bills or health dilemmas.
If you just graduated from college, and you need health insurance, you have a couple of different options to think about. If you are currently employed, you may be eligible for your employer’s insurance plans. Or, if you’re under twenty-six, you can remain on the insurance plan of your parents.
Many companies offer employee wellness programs that allow employers to save on health insurance. A lot of employers give out incentives for their employees in order to have their lifestyle and health assessed. Then you might be eligible for a fitness program that will help your company save on its insurance, and in turn lower your premium.
Remember to get vision insurance to help you deal with existing and potential eye problems. Vision insurance covers a part of your eye exams and will also pay for at least part of your contact lense or eyeglass purchases. Vision insurance isn’t mandatory and therefore may not be worth the cost for some individuals.
Before you sign up for another year of coverage, ensure your prescriptions are still on the reimbursement list. Health insurance carriers can change the types of medications they cover, so be sure not to enroll in a plan that won’t cover your prescriptions. If a regular medication has been dropped and a substitute isn’t acceptable, you may need to find a policy with a different company.
In order to reduce your health insurance premium, think about buying catastrophic rather than comprehensive coverage. While comprehensive has more benefits, catastrophic only covers emergency care and hospital care.
Check the state and federal tax guidelines to determine which medical costs can be deducted on your tax return. Lots of people don’t know that health insurance premiums are tax deductible. The cost of covering your deductible, co-pays and prescriptions are also tax deductions. Be sure to check the separate guidelines for state and federal tax differences.
During the phone interviews that health insurance companies conduct before granting coverage, don’t answer questions the company doesn’t ask. Answer only the questions that are asked. If you give them more information than they have asked for, they will note it in their files and could take what they have learned to charge you more for your premiums or remove your coverage all together.
Examine your health insurance policy to determine the prescriptions that it covers. Since this prescription list changes often, you should be sure to check it when you enroll again.
Some companies charge extra if your spouse is covered under your health insurance when insurance is available at his or her place of employment. It might be cheaper to each have separate coverages with your employers. To find out the right way to go, calculate both scenarios.
Good health is key to living a long, happy life. If you value good health, you must have quality health insurance. Use the advice laid out in this article to be sure you can get and maintain excellent health insurance.