Studies have found that the average American wouldn’t be able to cover a $1,000 unexpected expense, but this would be considered a low amount if we’re talking about health insurance deductibles! The reason why so many folks choose high-deductible health plans is because they think they won’t need to use services on a regular basis, but they still want to be covered in case of a major medical emergency.
Unfortunately, many people with high-deductible health plans end up paying so much out-of-pocket that the higher monthly premium option with a reasonable annual deductible would’ve been a much better option in hindsight. Rather than opting for a low monthly premium and hoping for the best when it comes to figuring out how to pay for your expenses before the deductible is met, here are some strategies that can help you save money and live better:
Plan Ahead: Secure the Right Health Insurance Coverage
Asking an experienced health insurance professional for assistance with choosing the right plan for you is always a good option. When you try to pick and choose new policies on your own, you run the risk of overlooking important matters in the fine print or choosing a plan that will cost you more money in the long-run (even if it seemed like a great deal at the time!).
To pick out the best health insurance plan for you and your family, be sure to think about the future. If something were to happen, how would you cover several thousands of dollars of medical bills before insurance steps in to cover the rest? Would paying extra money each month toward premiums be worth the long-term savings of choosing a low to moderate-deductible plan? A health insurance advisor can help you figure out which questions you should ask yourself beforehand and guide you in the right direction.
Greater Peace of Mind
Most of us don’t buy health insurance because we want to use it. We buy it because we want to protect ourselves and our loved ones against unexpected circumstances, whether that be a car accident, abnormal symptoms requiring extensive testing, or a cancer diagnosis. The problem with high deductible health plans is that they don’t offer much peace of mind unless something truly catastrophic happens.
If you want genuine peace of mind when it comes to managing risk and rewards with health care concerns, then Optimized Health Plans can help you find affordable ways to increase your coverage, so you’re not left wondering how in the world you’ll come up with thousands of dollars to pay for your expenses before the deductible kicks in.
Frugal Strategies for Prioritizing Your Health
As you can see from our success stories, we can help you save anywhere between 30-60% on your health insurance premiums without you having to decrease coverage or change providers. Don’t be fooled by the seemingly high cost of good health insurance plans – these might be much more affordable than you ever imagined! Visit our website or contact us today to receive a free consultation and discover how you can start saving big on your healthcare expenses.