It’s Open Enrollment Time, Protect Yourself!
Open Enrollment Time is upon us. For those signing up for new policies, they should be aware that most insurance companies are eliminating their out of state coverage. This means if you have to check your policy to see if you are covered for care if you travel for work. If you have a child that is a student, and they are covered under your policy, if they seek medical help outside an emergency room or an urgent care, they will not be covered and you will be in for a big bill. If you get injured or get sick when you are away from home, if you get admitted to the hospital, you will be on the hook for the bill.
You may not be aware of how each time you renew your policy, benefits you have grown used to may be taken away. Out of state coverage is just one of the things that are changing. Your co-pay is no longer counted as contributing towards your deductible. Your deductible is going to increase.
If you have particular health issues that you know you need covered, make sure you check your policy to ensure they are covered. If you need a certain drug, not a generic that switches every time the insurance company switches providers, make sure it was covered. If you need ongoing physical therapy, make sure you get more than the 12 secessions a policy normally covers.