Avoiding common health insurance mistakes

When it comes to health insurance, it’s easy to make mistakes that can end up costing you in the long run. One common mistake I see is not fully understanding your plan’s coverage details. Many people assume certain services or providers are covered, only to be surprised by unexpected bills. To avoid this, take the time to review your plan thoroughly—know what’s included, which doctors are in-network, and what your out-of-pocket costs could be for things like specialist visits or hospital stays. If you're ever unsure, don’t hesitate to reach out to the company or your agent for clarification. 

Another mistake is choosing a plan based solely on the premium without considering other factors like deductibles, copays, and coverage limits. A lower monthly premium may seem attractive, but if the plan has a high deductible or doesn’t cover the services you need, it could end up being more expensive in the long run. I recommend balancing your premium with your expected healthcare needs—if you know you’ll need frequent care, a higher premium with better coverage might save you money overall.

Finally, missing important deadlines—like Open Enrollment—can leave you without coverage or stuck with a plan that doesn’t meet your needs. Keep track of key dates and make sure to review your plan annually to see if it still fits your situation. By staying proactive and informed, you can avoid these common mistakes and get the most out of your health insurance. If you need help navigating the process, I’m always here to guide you through it.