Health Insurance Purchasing Guide
Health Insurance is really confusing. Even understanding the terms requires a dictionary due to the number of acronyms involved.
I’m going to define the terms in ways that are easy to understand, provide some tools that can help you to make decisions, and make sure you have the information you need to find the best coverage at a reasonable price. Please follow the links below to access the appropriate articles. If you have a question you’d like me to answer, I’m happy to do so…email me at consumerfocusedcare@gmail.com
101 Guide to Purchasing Health Insurance
- Glossary of Terms/ Definitions
- Purchasing Criteria– Individual/ Self-employed
- Purchasing Criteria– Employee/ COBRA
- Purchasing Criteria– Employer
- Overview of Products– HMO, PPO, CDHP, Discount cards, FSA, etc.
Case examples– individuals shopping for health insurance:
- Graduating from college
- Getting married/ starting a family
- Laid off/ retired
- Employer offers new plans
- Starting a new business
Case examples– companies offering health insurance:
- Owner looking to cover own health/ family
- Small business hiring employees
- HR director looking to hold down costs
- HR director looking to optimize return from benefits
- HR director with young/ healthy workforce
- HR director with experienced workers with families and more medical issues
Tools/ resources for purchasing health care:
- HSA scenario calculator
- Research plan options in your area
- Buy services directly from providers
