Not having health insurance in these days and age is asking to go bankrupt when you contract something that costs you thousands of dollars in medical bills. Of course, you’re not supposed to grab any health insurance being offered. There are a number of critical points that everyone must consider before choosing a health insurer.
The two major signs of top health insurances are wide plan selections and competitive premium rates. A health insurer offering plan selections that cover most, if not all, of your medical care needs with low premium should be on your short list.
That said, there’s one thing that you should also consider – negotiated rates.
Negotiated rate is incredibly advantageous in lowering your medical bills. In-network health providers can charge whatever they want to your insurer, leaving you to pay only part of the total cost.
If you’re window-shopping for a health insurance provider right now, we recommend you look into the top 5 in the country: BlueCross BlueShield, Humana, Kaiser Permanente, Aetna, and United Healthcare. Be sure to ask about their policy of negotiated rates and how many in-network providers and doctors do they have. The more in-network practices in your local area, the better it will be for you when emergency strikes.
One final note; Your preference of healthcare is your personal choice. What your friends think are best for them may not be necessarily so for you. Choose wisely among the top health insurances that fit your personal needs best.