Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada
The health insurance carrier/plan that is right for you depends on your age, needs, budget, and where you live. Since this is different for everyone, I would need more information to provide proper advice.
There are four main benefit levels of coverage - bronze, silver, gold, and platinum. Platinum plans are going to provide the most comprehensive benefits, but will also feature the highest premiums. Not everyone will be able to afford a platinum plan, which is why bronze, silver, and gold are available as well. The idea being to reduce your premium, you take on a little more risk - meaning you're willing to take on a higher deductible, higher coinsurance/copayment, etc. to keep your premiums down.
Group coverage can provide many benefits as well, such as lower premiums (the employer contributes to a percentage of the premiums for each employees plan) - the trade-off to keep in mind is that for group plans, if you left the company or were fired, you lose the coverage. An individual plan will stay with you wherever you go.
Because everyone's needs and budgets are different as well as the plan types available to them, you should consult with an experienced health insurance broker about your specific situation so you can review and discuss the available options.
I hope the information is helpful - please feel free to contact me for help and if you have any other questions. Thanks very much.
Owner, Best Health And Car Insurance Rates - Instant Online Quotes, US
I'll answer your question with original content that is not found anywhere else.
The right health insurance is the policy that is affordable, and offers the best coverage for your specific situation. An experienced broker will help you find the perfect plan for you from top-rated companies.
LIVE answer provided by: Ed Harris - Premier health insurance broker for 33 years.
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There are four main benefit levels of coverage - bronze, silver, gold, and platinum. Platinum plans are going to provide the most comprehensive benefits, but will also feature the highest premiums. Not everyone will be able to afford a platinum plan, which is why bronze, silver, and gold are available as well. The idea being to reduce your premium, you take on a little more risk - meaning you're willing to take on a higher deductible, higher coinsurance/copayment, etc. to keep your premiums down.
Group coverage can provide many benefits as well, such as lower premiums (the employer contributes to a percentage of the premiums for each employees plan) - the trade-off to keep in mind is that for group plans, if you left the company or were fired, you lose the coverage. An individual plan will stay with you wherever you go.
Because everyone's needs and budgets are different as well as the plan types available to them, you should consult with an experienced health insurance broker about your specific situation so you can review and discuss the available options.
I hope the information is helpful - please feel free to contact me for help and if you have any other questions. Thanks very much.
The right health insurance is the policy that is affordable, and offers the best coverage for your specific situation. An experienced broker will help you find the perfect plan for you from top-rated companies.
LIVE answer provided by: Ed Harris - Premier health insurance broker for 33 years.