How do I know which health insurance plan is best for me?
As you are looking for the best plan for you, consider two major things: 1) your previous year's medical costs, any known upcoming healthcare costs, and any potential healthcare costs, and 2) each potential plan's premium cost, deductible amount, and out-of-pocket or co-pay amounts. As you evaluate these two things, try to find the sweet-spot between your upcoming healthcare needs and the benefits and coverage offered in each plan. We recommend that you find the health insurance option that makes your total cost of healthcare most affordable and that also gives you the best healthcare coverage. It is tempting to pick the option with the lowest monthly premiums, but if that results in you paying large dollar amounts for every visit to the doctor or hospital or to hit your deductible, it might not be the best option by the end of the year (learn more about how a deductible impacts you premium).