I am so excited to be expecting my second child! In just a handful of weeks, my husband and I will be welcoming a little girl to our family. My son is super excited to be a big brother and he and I are counting down the days! Because I had many health issues with my first pregnancy, we have been holding our breath for me to get to our due date. With my first child, I delivered him several weeks early and it was so scary. One thing we were so grateful for was that we had the proper insurance benefits to cover all the expenses we incurred. Going through a health scare like that made us more aware than ever how important the right insurance policy is. With open enrollment around the corner, you may want to take a look at these tips for researching those policies before you make any decisions.
4 Reasons You Should Do Health Benefits Research Before Buying
- Plans: Understand the language and what plans offer what benefits. You need to know the difference between a PPO, which typically offers you more flexibility, or an HMO, which usually costs less.
- Coverage: There are so many benefits available when it comes to health care, it can be overwhelming. The best thing to do is sit down with your partner and see where you are in life and what your future holds. A married couple who does not plan to have children will want a different policy and benefits than one who wants a family. Also pay attention to what is covered like prescriptions, vision, dental and other items you need.
- Cost: For as many policies available out there and the benefits offered for each, there are just as many costs. Before you begin to look over the benefits available to you, set a budget for how much you can spend. This will help keep your healthcare costs in line with your financial plans. Remember things like deductibles can vary greatly and that plan that seems inexpensive may have a very high deductible. Make sure you will be able to meet that deductible should you need to use it
- Compare: If you and your partner both have insurance plans, compare what each has that the other may not. This will help greatly in choosing the benefits or supplemental insurance you may need. If one of your employers offers educational sessions on your insurance, sign up as they are almost always free.
I know from personal experience, my husband and I found researching our health care benefits was #TimeWellSpent. It is a huge relief knowing we are well covered and we do not need to worry when it comes to delivering this new baby. We are crossing fingers all goes well, but it is good to know if anything should happen, we are well covered. When we found out we were expecting this second baby, my husband and I sat down and went over our current insurance policy. We wanted to be sure we were fully covered, had a deductible we could afford and were not paying for anything we did not need. We felt that had we not done our research, it could lead to costly mistakes down the road. With Aflac supplemental insurance, you can find insurance as an individuals as well as for your employees. This Fortune 500 company provides individual and group voluntary insurance products. For almost 60 years, Aflac has delivered protection to more than 50 million people worldwide.
The goal of the Aflac company is to offer their policyholders peace of mind instead of financial stress when life throws them a curve ball. The Aflac insurance is designed to supplement your major medical plans. Aflac pays you directly for unexpected costs associated with a covered serious illness, injury or loss. These cash benefits are in place to help pay for your rent, gas, groceries, child care and other out-of-pocket expenses you may have. They offer accident, dental, life, vision, cancer, hospital intensive care and other voluntary insurance policies. It is good to know that for 8 straight years, Aflac has been recognized by Ethisphere magazine as one of the World’s Most Ethical Companies. In addition, this year, Fortune magazine included Aflac on its list of Most Admired Companies for the 13th time. If you need more information about open enrollment, just visit the Aflac website where you can read the Aflac WorkForces Report. Be sure to follow Aflac on Twitter.
Do you sit down and go over your health insurance benefits before open enrollment begins?
I was selected for this opportunity as a member of Clever Girls Collective and the content and opinions expressed here are all my own.