Top 10 Things Every Health Insurance Policy Should Have

Photo by 401(K) 2012

Photo by 401(K) 2012

Does your health insurance policy include these things?

The average American spends $6025 on individual health insurance each year, and that figure does not include copays, prescription drugs, or deductibles. Families typically pay around $16,834 for one year of coverage. It’s no secret that health insurance isn’t cheap, so it’s vital that you choose a plan that meets your needs.

Having health insurance makes it simple to get an appointment with the health care providers you need to see, and it also helps you avoid the expense of an unexpected health issue or accident. Everybody needs insurance, even folks who are fit and healthy, because an unexpected medical issue can arise at any time. Medical bills are the number one cause of bankruptcy, but you can protect your pocketbook – and your credit score – by enrolling in a health insurance plan.

Choosing a policy can be intimidating because there are so many options available. Do you want a high monthly premium and a low deductible, or vice versa? Will the plan cover everything you need, and what should you look for as you compare policies? Here are the top 10 things every health insurance policy should have.