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What are some of the things to be thinking about when shopping for a health insurance plan? Indeed, there is nothing more important than your health! This is why you must take your time and pay attention when shopping in the market. Our team at The Washwick Agency can help you understand your health insurance options so you can make an informed decision. Whether you live in Bethlehem, NH, or elsewhere, we are in a position to provide sound advice.

Coverage Types

What coverages do you need for your health insurance policy? Once you know what you want, you can decide what type of coverage you want in your health insurance policy. Health insurance policies will all be unique, offering various coverage types. Matching the coverages to what you will get value from is critical to your long-term gains from the policy.

Deductibles

You want to have a good understanding of what the deductibles will be in your health insurance policy. What is your out-of-pocket cost going to be when you go to use the policy, and what deductibles need to be met before the insurance coverage kicks in? These are good questions to ask to be sure you are in an excellent financial position to get the benefit.

Shopping for health insurance does not need to be a scary proposition. Our team at The Washwick Agency can walk you through your options and help you understand the different nuances of each policy. Living in Bethlehem, NH, the great thing is you have plenty of health insurance options, which can also make it daunting to make selections. Let our team help you understand the various factors.  

Demystifying Medicare Plan Components

Medicare, the federal health insurance program for individuals aged 65 and above or those with certain disabilities, has various coverage options crucial to safeguarding your healthcare and financial status. Let’s explore the different components of a Medicare plan.

Part A: Hospital Insurance

Think of Part A as insurance for hospital stays. This component typically covers inpatient hospital care, skilled nursing facilities, hospice, and some types of home healthcare. It serves as a standard in all government Medicare plans.

Part B: Medical Insurance

Part B covers non-hospital medical services. This includes doctor visits, outpatient care, medical equipment, and preventative services like screenings and wellness checkups. Like Part A, Part B is standard across all government Medicare plans.

Part C: Medicare Advantage

Medicare Advantage plans offer an alternative to traditional Medicare. Private insurance companies manage these plans and provide at least the same level of coverage as Parts A and B, often with additional benefits like vision, dental, and prescription drug coverage. Numerous residents in Bethlehem, NH find Medicare Advantage more beneficial than the standard Part A and Part B plans. Consult with us at The Washwick Agency to verify what Part C might offer you.

Part D: Prescription Drug Coverage

This optional component helps cover prescription drug costs. You can add Part D to Original Medicare (Parts A and B) or incorporate it into a Medicare Advantage plan.

Select the Right Plan for You with The Washwick Agency

Finding the perfect mix of components for your Medicare plan is key to acquiring the best coverage for you. If you’re in Bethlehem, NH, let The Washwick Agency guide you in selecting the options that will provide the coverage you need.

Without health insurance, even a mild illness can seriously disrupt your finances. Facing large medical expenses can even cause people to forego necessary medical treatment because they do not have the money. 

At The Washwick Agency, we understand how confusing health insurance can be. There have been many changes in the last several years, and you need the best and most current information to keep your Bethlehem, NH family safe and healthy.

Are There Already Other Minor Children On Your Health Insurance Policy?

For most families, there is no extra charge for having no matter how many children are on the plan. A family plan with one child costs the same as a plan with ten children. When there are already minor children covered under the policy, it makes sense to keep young adult children on. 

However, if the adult children are the only ones left, it may be less expensive to let them get their own plans. Some employers only pay for your part of the insurance, A young adult who isn’t working full-time yet is probably eligible for a subsidy.

You Can Continue To Insure an Adult Child Until the Age of 26

Keeping your children on your plan may seem like the safest thing to do. If your children are on your policy, you know they have protection in case of illness or injury.

You still need to think about whether it is the best option. If your child is going to college in another state, they may not have access to the right providers.

We Are Here To Help

If you have questions about health insurance in the Bethlehem, NH area, please call The Washwick Agency today so we can look at your current coverage and help you understand your options.