There isn’t anything at all effortless about navigating the world of health insurance these days.
Yes, the Affordable Care Act was supposed to make finding the best quotes for NJ residents carriers had to offer just about as simple and straightforward as it could be – but things just haven’t worked out white that way just yet.
Finding the right quotes, choosing the right plan, and protecting yourself with the right coverage is critically important and hopefully by the time you’re done with the information in this quick guide you will know exactly how to best move forward.
Let’s get right to it!
Start researching your options ASAP
Procrastination is going to be your biggest enemy when it comes time to find top-notch quotes companies have to offer.
Open enrollment only lasts from November through February, and you need to be sure that you are able to take advantage of the individual plans during this window of time or you’re going to have to jump through all kinds of hoops to get the coverage that you deserve.
If you have missed this deadline, you’ll want to seriously consider contacting a hospital or medical facility in the local area to help you with the purchasing process.
Not only will they give you all kinds of help finding the best companies have to offer, but they will also help you cut through all of the red tape of securing it outside of the open enrollment window
Outline your expectations and your budget thoroughly
Of course, it isn’t going to be easy to find what is available unless you outline your expectations and your budget as thoroughly as possible.
This will give you all of the baseline information you need to really research your options, it will give you a foundation to work off of so that you can choose an appropriate plan, and it allows you to shop only for options that meet your budget rather than options that are outside of what you are comfortable spending.
Look into the “networks” you want to be a part of
The best health insurance in New Jersey is going to entail operating inside of “health care networks”, and you want to be sure that you are choosing health care plans that allow you to seek out assistance within the networks that you want to get care from.
Choose networks in your local area with medical facilities that you know you can trust, and be sure to choose networks that allow you to work with doctors and medical professionals that you have established relationships with.
Find the right health insurance marketplace
Healthcare.gov is going to give you a lot of information about options that you can take advantage of, but there are other marketplaces that you’re going to want to look into as well.
Private marketplaces as well as company resources are all places that you’ll want to look into when you’re serious about getting quotes from New Jersey health insurance providers.
Research premium level carriers before looking for bargain-basement options
There is going to be a temptation to want to research the cheapest health insurance plans available whenever you start, but we recommend you look into premium level health insurance quotes before anything else.
This is how you find the best level of care, and once you know exactly how much they are charging for the top tier plans you’ll be able to negotiate harder to get the same or similar levels of coverage at a dramatically reduced price.
Always look into the coverage that you want as opposed to the coverage that you believe you can afford. Prices are negotiable, and you’ll want to work them down without compromising coverage.
Make sure to choose a plan that offers fantastic coverage and the right network
As we touched upon above, it is critical that you work with New Jersey-based health insurance companies that offer you the best level of protection and service in the right network – companies that should be rather effortless to find, but nothing could be further from the truth.
Really do your research as far as the reputation that these companies enjoy, really look into the networks that they offer coverage within, and then push forward with companies that meet your needs.
Understand what your out-of-pocket costs are going to be
All companies are going to require you to pay at least some of your medical bills out-of-pocket, but most of them do not share this information in the quote companies provide.
Make sure that you contact these companies directly to learn about your out-of-pocket costs before you agree to any plan or any coverage.
Read ALL of the fine print before signing on the dotted line
Finally, you want to be 100% certain that you are signing up for EXACTLY the kind of coverage you’ve been expecting and hoping for this entire time.
Make sure to read all of the fine print in your contract before you sign on the dotted line, and be sure that you are getting everything you are promised at the price that you were guaranteed.
This is how you make the most of all the quotes NJ companies have offered you!