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

Important Information On Your Health Care Plan

8/24/2017

0 Comments

 
Picture
Anyone who’s ever been hospitalized for a few days knows how traumatizing a hospital bill can be. In the U.S. alone, surveys show that almost 25% of the population have difficulty paying hospital or medical bills. When it comes to coverage, not all health care plans are the same. There are companies who offer low deductibles but also cover only a partial of your medical bills.
How Much Coverage Do I Need?

The first thing you need to do is to check your medical history for the past year. Ask yourself if you are anticipating a specific kind of procedure that you want done or if you’ve had some type of chronic illness. If you’re generally healthy, it could also affect the type of plan that you choose.

Review the Fine Print

After determining how much coverage you really need, you have to get to know your health insurance policy. The fine print is where you will find all that you need to know about the ins and outs of your health care plan. To help you understand more, here are five of the essential things that you need to know.

Deductibles

The amount of money that you need to pay before the insurance company starts covering your medical bills for you. If your health care plan’s deductible is $200, the insurance plan will only start paying bills over this amount.

Insurance companies have different deductibles and they usually let you choose which one fits your needs. Talk to your insurance agent about this to know more.

Summary of Benefits (SBC)

You’ll find this summary when you shop for coverage on your own or when you change or renew coverage through your job or HealthCare.gov. You can even call your health insurance provider and ask them to send you one.

This can be found when you renew your health insurance of when you apply for a new one. If you don’t get a copy, ask your insurance agent to get you one.

Monthly Premiums

This is the money that you pay for your insurance every month, regardless if you were hospitalized or not. A good thing to remember is that the price of the health insurance should not be considered for the best health plan. You might be paying low premiums monthly, but when the time comes to file a claim, you will also get a low amount.

Out of pocket Costs

The total out of pocket cost pertains to the amount of money that you spend on health care in a year. This includes your deductible, premiums and money that you pay for prescriptions or procedures during a checkup.

Out of Pocket Limits

This points to the maximum cost that you need to shoulder in a year which includes all of your medical payments. This also covers your deductibles or other payments that you make to your insurance company except your monthly premium.

At Choice Enrollment, we take pride in making sure our clients are well protected at prices they can afford. To learn more about how we can help you please contact our agency at (719) 481-1616 or Click Here to request a free quote.

​
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