This is a sponsored post on behalf of UnitedHealthcare. All opinions are my own.
The year is almost over which means one thing, open enrollment time is here again. For a lot of people this could be a time of confusion and anxiety. The decisions you make have to carry you through the next year. There are no do overs or easy fixes if you make a mistake so you have to make sure you know what you need and make an informed decision.
Will your budget allow for the selections you made? Will the coverage you selected be enough? There’s a lot of pressure to pick the right coverage that will last you and your family through the next year and keep you healthy.
When I first got married I thought the highest cost health insurance plan was the best. I would look at all the options and it seemed to me like the highest cost plan had the most options and flexibility. Plus, you had lower copayments at the doctor whenever you used your insurance. I wanted the flexibility of going to whichever provider I wanted to and a company that was accepted by most providers.
After getting pregnant with Brady I realized I didn’t need the highest level plan. The main difference in the higher plans (at least for my husband’s employer) was for fertility treatments (which I obviously didn’t need). Fortunately, I still had great coverage with only a minimal increase in the amount I was paying for co-pays, the prescription rate was the same, and we saved on how much was taken out of my husband’s check each pay period.
This year we’ve elected to go with a HDHP (high deductible health plan) along with a HSA (health savings account). Now that the girls are older, they don’t visit the pediatrician quite as often anymore so I feel like we’re able to manage our expenses and shop around for the best coverage and rates available. At the same time, we’re able to save up for other medical related expenses in the HSA, such as potential braces for the girls. Do you feel like I do about open enrollment benefits? Do you bounce around from plan to plan hoping to find the perfect fit? I’ve got news…there’s no perfect plan, but with a little preplanning and research you should be able to get the best plan for your family that’s a happy medium between low prices and flexibility.
UnitedHealthcare developed the Quick Care Quiz to help make the decision easier for you! Going into this I underestimated my knowledge of health benefit and managed to score 100% on both visit. It’s nice to have the tools available to save my family money while ensuring their needs are met.