Even though it has become a lot easier to research plans today than it ever used to be in the past – especially since Google (and all other major search engine networks online) make it so effortless to look into different plans from different companies – you still have to make sure that you make no missteps or mistakes before you pick a plan.
Health ins. is going to be one of your largest monthly expenses (even though the Affordable Care Act was supposed to make it a lot cheaper), and it’s going to be one of the most important investments you make in your health and well-being and possibly even the health and well-being of your family.
The process of finding the best NJ health insurance companies to work with can feel a bit like trying to make your way through an active minefield, which is exactly why you want to be completely certain that you are avoiding as many headaches and as many hassles as humanly possible.
Pay close attention to the tips and tricks that we outline for you below and you will be able to avoid most of the biggest mistakes people make all the time when working with carriers.
Ready to dive right in?
Here we go.
Beware of signing up for COBRA
Even though there is a US government mandate that offers the continuation of COBRA coverage for upwards of 18 months to employees that leave or are fired from their company you may not want to take advantage of this extension every time it is offered.
On the surface this continuation sounds like a great idea – you’ll keep all of the coverage that you had while employed, you’ll stay in the same health network with the same doctors, and not much else will change – but you will be responsible for picking up the tab of the entire cost, including the chunk of change that you were employer was paying for you while you were working for them.
This isn’t an insignificant amount of money which is why you might want to look elsewhere from some of the most reputable companies around.
Make sure you aren’t getting too much coverage
Secondly, you need to be sure that company you are working with aren’t forcing you to take on extra coverage that you don’t really need – asking you to pay a lot more for your insurance than you ever should have in the first place.
With the Affordable Care Act people are mandated to have a specific level of coverage regardless of the plans that they move forward with, but there are a lot of different plans between the least expensive and baseline coverage options and considerably more expensive coverage plans that offer a lot of extras that you may or may not need.
It is incredibly important that you be sure that you are only ever paying for exactly the kind of coverage that you need and deserve. There’s a world of difference between paying too much for coverage that you are mandated to carry and paying too much for coverage that you could remove from your plan while saving a boatload of money at the same time.
There is no such thing as a one size fits all plan
There has been a lot of misinformation out there that most insurance plans are “one-size-fits-all” when nothing could be further from the truth.
There is a world of difference between the different health insurance plans that NJ companies provide, and you want to be completely sure that the plan you are taking advantage of gives you exactly the level of coverage you need and exactly the level of the coverage you expect.
Sure, you are going to have to talk to carriers about creating a custom tailored plan for you – but considering the fact that this is one of the biggest your biggest investments (not only on a monthly basis but as far as your overall health is concerned) there just isn’t any other option.
Don’t skimp on specific coverage options because you’re “healthy”
Finally, a lot of people have a tendency to believe that they are as close to bulletproof as it gets – that because they are healthy right now they are going to stay healthy from here on out – when that just might not be the truth.
For a bunch of different reasons you were going to want to be sure that you aren’t rolling the dice with your life from top-tier New Jersey health insurance companies, and that you are signing up for plans that protect you today as well as tomorrow.