Comparison is the key to making almost any buying decision, and that's definitely true when it comes to choosing your Colorado health insurance plan. Recent surveys show that 42% of all Colorado families are worried about how they will pay for any kind of health care. But don't be fooled into comparing only cost. Cost is only one thing to think about when it comes to getting health insurance for your family.
You should also compare the annual maximum each health care provider is willing to pay, what each family member's co-pay will be for routine doctor visits, your co-pay for prescriptions, your out-of-pocket expenses for hospital stays, your coverage for emergency room visits, and which doctors you are allowed to see.
(The deductible is the amount you pay each year out of your own pocket before your health insurance starts to pay for things. The higher your deductible, the less you pay each month for your insurance premiums.)
After you've thought about all of these things, you'll need to compare monthly premiums.
Here in Colorado, you can choose from more than six different plans.
It is a lot of work if it sounds like it.
Even with online side-by-side plan comparisons, it's not easy to find and compare the best health insurance for your family at the best price. But you might find it easier to compare plans if you focus on the benefits that are most important to you and your family.
Health care costs a lot of money. In fact, health care costs now take up at least a quarter of the income of more than 16 million Americans. That's why it's well worth your time and effort to compare health care plans so you can find the one that's right for you at a price you can afford.
