Contact Us: (719) 481-1616
Choice Enrollment
  • Home
  • Quotes
    • Health Insurance Quote
    • Overseas Travel Health Insurance Quote
    • Dental Insurance Quote
    • Vision Insurance Quote
    • Life Insurance Quote
    • Medigap Quote
  • Service
    • Update Contact Info
    • Contact My Carrier
    • Healthcare Calculator
    • Pre-Appointment Financial Worksheet
    • Renew/Non-Renew 2023 Health Insurance
    • Free Consultation
  • Insurance
    • Health Insurance
    • Overseas Travel Medical Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Medicare Supplement Coverage
  • About
    • Staff Directory
    • Insurance Carriers
    • Client Testimonials
    • Refer a Friend
    • Reviews
    • Helpful Links
    • Accessibility Statement
    • Videos
    • News
    • Blog
  • Contact
    • Schedule an Appointment
  • Home
  • Quotes
    • Health Insurance Quote
    • Overseas Travel Health Insurance Quote
    • Dental Insurance Quote
    • Vision Insurance Quote
    • Life Insurance Quote
    • Medigap Quote
  • Service
    • Update Contact Info
    • Contact My Carrier
    • Healthcare Calculator
    • Pre-Appointment Financial Worksheet
    • Renew/Non-Renew 2023 Health Insurance
    • Free Consultation
  • Insurance
    • Health Insurance
    • Overseas Travel Medical Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Medicare Supplement Coverage
  • About
    • Staff Directory
    • Insurance Carriers
    • Client Testimonials
    • Refer a Friend
    • Reviews
    • Helpful Links
    • Accessibility Statement
    • Videos
    • News
    • Blog
  • Contact
    • Schedule an Appointment

Choice Enrollment Blog

Common Avoidable Mistakes When Buying Health Insurance

8/10/2016

0 Comments

 
Picture
​The costs of health insurance continue to rise as the years go by. Costs vary widely depending on the insurer as well as your policy. Choosing the right policy for your needs may be confusing. In fact, you can end up paying more than what is necessary if you aren’t careful enough.
​The good thing is that with a little research, you’ll have the chance of choosing the right policy for a reasonable price. Here’s a list of the costly mistakes you can avoid when getting health insurance.

Giving importance ONLY to the premium and deductible

A lot of people shopping for health coverage give more importance to their premiums and deductible. But there are other things to consider other than your insurance expenses.

While having deductibles may give you lower premiums, you’ll get higher out-of-pocket expenses during a covered event. Thus, weigh your options wisely. Bear in mind that health can be unpredictable. You may feel very well without knowing that you’re suffering from something. And with healthcare costs rising, lower out-of-pocket expenses should be greatly considered.

Not reading and understanding the policy terms

The top avoidable mistake people make is failing to read and understand the terms. Don’t hesitate to ask or consult your agent if there are things that need clarifying. Failing to do so may cost you in the long run.

Getting the same policy as your friend’s

We are all made unique. That also applies to our medical condition. Thus, a policy that works for your friend may not work for you at all. Determine your healthcare needs and choose only the coverage that is reasonable for you.

Buying too much insurance

Evaluate whether you need all the coverage you purchased. Some people make the mistake of getting too much coverage. In fact, there are others who get coverage for chronic diseases even when they’re not suffering from one. Get covered only according to your current health status.

Thinking that you’re “HEALTHY”

A lot of people make a mistake of not buying health insurance because they believe they’re healthy. If you suddenly become sick, and you need coverage to pay for medical bills, you’ll likely be unlucky once enrollment period has been closed.

Some people, however, may be able to get insurance outside enrollment period if they experience certain life events. These life events include adoption, childbirth, marriage, and relocation.

Not getting prescription drug coverage

If you’re routinely taking prescription drugs for your medical condition, consider signing up for prescription drug coverage. This coverage will help you save on medication expenses. Review your policy and ensure that it includes coverage for prescription drugs.

Failing to ask about health insurance discounts

​We offer various discounts that you can qualify in. All you have to do is ask one of our agents.

Seeking services from out-of-network providers

If your preferred physician is outside of your policy’s network, you won’t get any coverage. Thus, prepare to shell out some cash. Avoid this problem by ensuring that your doctor is listed under the network providers in your policy.

If your physician suggests that you see a specialist, make sure that he/she is within your network as well.

When it comes to health insurance, be wise enough to keep away from these avoidable mistakes. Read through your policies again and again, and make sure that you understand them well. This way, you’ll avoid unnecessary costs.

Here at Choice Enrollment, we take your health expenses seriously. We offer health insurance plans that will best fit your needs for a reasonable price. We have a system that helps you determine your personalized quote. Visit us today or call us at (719) 481-1616.
0 Comments



Leave a Reply.

    Contact Us

    (719) 481-1616
    5390 North Academy Blvd.
    Suite 220
    Colorado Springs, CO 80918​
    Click Here to Email Us

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    March 2015
    February 2015

    Categories

    All
    Business Insurance
    Dental Insurance
    FAQs
    Financial
    Health
    Health Insurance
    Insurance
    Local
    Safety
    Vision Insurance

    RSS Feed

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

Choice Enrollment
5390 North Academy Blvd.
Suite 220
Colorado Springs, CO 80918
(719) 481-1616
Click Here to Email Us
Review Us

Location

Advanced Benefits Associates Inc, also known as Choice Enrollment is a licensed insurance provider in the state of Colorado.
Website by InsuranceSplash