Can't view the video? Read the transcript below:
When choosing a health care plan, it’s important to take your time and do your research to find the plan that’s right for you.
Angie Hicks/Angie’s List: “While you are evaluating insurance, have a conversation with your doctor, especially if you’re in the midst of a longer term treatment plan to be sure that you are still going to be covered. The last thing you want to have to do is change your doctor in the middle of treatment because of an insurance issue.”
If you don’t understand what your plan does and does not cover, you could end up spending more money.
Jacob Gorden/Heartland Family Benefits: “The biggest mistake people generally make when they are buying insurance is not knowing what they are looking for. People know they need it and know they have to get it, per the new laws, but they don’t have an idea of exactly what they are looking for and often when they purchase it they don’t understand what they have.”
Don’t be afraid to ask questions. Sit down with your benefits person at work or talk with a financial planner or insurance broker.
Jacob Gorden/Heartland Family Benefits: “We can shop every single insurance company licensed in your city and state. We can recommend plans and give you pros and cons of each. Brokers are compensated by the insurance company themselves so there is no fees or service charge to work with a broker. ”
Angie’s List say if you decide to work with an insurance broker who's an independent agent, you'll want to make sure he or she has the necessary credentials and is appropriately licensed.