The Annual Health Insurance Check-up  

Having an accident or being diagnosed with a serious illness can be a great emotional and financial burden for anyone.  Even if we are healthy most of the time, sooner or later, almost all of us will have a year when we need extensive and expensive healthcare. Getting hit with unexpected medical bills can have a significant impact on  personal assets and future security. Last year American families spent an average of $6,000 out of pocket for health insurance and other medical costs, and that number is expected to rise to $9,000 by 2012, according to figures from the National Coalition of Health Care. 

The best way to prepare for the unexpected is to be proactive and do an annual health insurance check-up. All health plans are not the same in terms of what they cover. Take the time to study  your policy carefully to find out exactly what your policy covers and know how much you're going to pay out-of- pocket, if there is a co-pay or deductible you need to meet, or if there's an overall limit or cap on benefits. Other out-of-pocket costs to look at include: prescription drugs, medical equipment and supplies, eye ware, hearing aids and home modification.   

The bottom line is it's important to know how the plan works and to limit your out-of-pocket exposure. Selecting a plan based on your individual needs will help you avoid unnecessary costs.  

For your convenience, GOODCARE  has a free  Out-of-Pocket Health Care Expenses Worksheet to help you organize your out-of-pocket costs.  

We are here to review your needs and help find quality health plans that will meet those needs in the most economical way. Call us @ 1-866-696-6543.