I live in Dallas, Texas and I'm concerned my healthcare plan is no longer meeting my needs or budget. What should I do?
As you look back over the past year, a lot has probably changed, including your health needs. Because health insurance policies and your needs are always changing, you should review your insurance policy annually.
Performing an annual review can give you the comfort of knowing that your current plan is still meeting your needs. Or, you may discover that other options are more suited to your needs and budget at this time.
According to HealthMarkets.com the following are some things you should consider when reviewing your health insurance coverage. Let's take a quick look;
Changes in Your Health
Have you had your yearly physical? If not, make sure that you do so before you review your health insurance policy. Your physical may reveal some health problems that you’ll want to make sure are covered. On the bright side, if you’ve done a good job with your New Year’s resolutions, you may be able to scale back or get discounts for good health!
Changes with Your Medications
If your health status has changed, you may be taking new or different medications. Take the time to explore other prescription options. Perhaps other health insurance policies cover generic medications that your current policy doesn’t.
Changes in Benefits
When health insurance providers make changes to their plans, they usually inform you of the changes by mail. Never assume that anything that comes from your health insurance provider is junk mail. If you shred it without reading it first, you may miss out on some important information. Review your policy each year to make sure that you know what you are entitled to.
Changes in Cost
At the end of the year, prices often change and deductibles reset. Review your policy to determine whether or not the costs associated with it have changed. The price doesn’t usually go down and an increase in price or a higher deductible may mean you can save money by reviewing new health insurance options.
Health insurance companies are always adding new offerings, so it’s a good idea to review your health insurance policy annually to make sure it’s still the right fit for you.
You can do all of the research yourself, or you can call us at Wilkerson Insurance Agency and let us help you find the right insurance policy for you.
450 S.Denton Tap Rd. #1711 Coppell, TX 75019