Assess Your Health Plan Needs

I’ve been working with people for years who don’t have employer sponsored health insurance. The biggest mistake I find people making is they don’t sit down to really take stock in what their needs are. There are so many plans to choose from and a range of costs that run the gamut. Unless you know what you need you can find yourself either sitting in the hospital without enough coverage or sitting in the poor house because you’re paying for something you don’t really need or can’t really use. Cost should not be your only consideration though. If you find yourself unable to use the coverage to see the doctor who has taken care of you for the past 20 years, you may find that the benefits you thought you bought are as elusive as the cure for the common cold.

Contributed by Kathy Binkley