No Perfect Insurance

There is no perfect insurance. Yet, there may be the perfect healthcare plan for you. By using the tools of the trade, you can construct the perfect plan for you. What are the tools of the trade. They include:

Deductible

Co-Pay

Co-Insurance

Premium

Pre-existing Conditions

Lifetime Maximum

By asking the right question, you can use the above-mentioned tools to construct the perfect plan. Start by asking yourself, how long can you wait before benefits begin? That is where the deductible comes into play. The longer the deductible-the cheaper the premium.

Then ask yourself, what can you qualify for? Your choice of plans may be limited. Are you affected by pre-existing conditions? What happens if your health change after becoming insured? The choice of a lifetime maximum may become important.

One of the next question to ask is how much do you want to partner with your health insurance company. This is the co-insurance question. What percentage of costs are you willing to assume?

Finally, do you want to limit your short-term exposure? The co-pay is a fixed dollar amount that can be used to limit your short-term exposure.

If you are not an expert yourself, an experienced health insurance broker will be able to

guide you through the process.