Health insurance can be confusing and stressful. With so many terms and different plans, it is easy to get confused. Not all health insurance plans are the same and some are more expensive than others.
At Comfort Insurance and Finances, we have a team ready to help and answer any question you might have regarding new health insurance or your current plan. It might be difficult to understand the terminology, but it’s important to know where your insurance is accepted, how much is coming out-of-pocket, and your monthly payment.
Myth #1: I’m young and healthy, I don’t need health insurance.
Oh how we all wish this was true, but alas, it is not. No one is immune to accidents or unexpected diagnoses or conditions. You may not be a daredevil, but you never know when you might be a victim of an accident. While you hope this won’t happen to you, the difference in medical bills could be tens of thousands of dollars.
Myth #2: Health insurance is very expensive.
Comfort Insurance and Finance offers a wide variety of plans to fit every individual’s budget. When it comes to health insurance, it’s true that many people must pay more than just their premiums. As we discuss in our website, you do have additional costs that include: a deductible, copayment, and co-insurance.
Myth #3: I will not get treated until I pay my deductible.
With or without insurance, any individual will get treated in the case of an emergency. The issue is in regard to how much will the patient pay out-of-pocket. While it’s true you do have to pay your health insurance deductible before your health insurance company will pay for many services, most plans give you free access to preventive services even if you haven’t met your deductible. Many wellness screenings and certain immunizations are among the free services that must be provided under the Affordable Care Act (ACA).
Myth #4: Cheap health insurance means poor quality care.
The cost of seeing a doctor may vary significantly from one health care provider to the next—but just because one provider costs more, doesn’t mean they will deliver higher quality care. You can often access high-quality services from lower-priced providers, including office visits, lab and radiology services and even some outpatient procedures and surgery. Selecting in-network providers for these types of services can be one way to help you save on some of your anticipated out-of-pocket costs.