During these last days of December, there’s no doubt that we are all rushing to check things off our loved ones’ wish lists and prepare for holiday celebrations. By now, you’ve spent hours researching gift ideas, thinking about your family’s needs and even taking a hard look at your budget. Chances are though that this season you haven’t stopped to think about your health needs and how you will prepare for the new year that is fast approaching.
On top of the holidays and all that we are challenged to fit into this busy time, it is also open enrollment season. This is the time that most people have to evaluate their health needs and make decisions about the health insurance coverage they will need for the year to come.
So, to make that process a little easier and to help you check this important item off your mile long to do list, here are some reminders to help you navigate the world of health insurance.
Start with a Review of This Year
Take a look back at your family’s health needs over the past year. Which medical services did you or your family use? Were there any unexpected medical expenses? This will help you identify what you need in a health insurance plan and what you can expect in the coming year.
Look Ahead to Next Year
Next, consider any changes that may have occurred in your health or lifestyle over the past year. Have you welcomed a new family member or moved to a new address? Are you managing a new medical condition? These factors can impact the type of plan you need.
Set a Budget
Health plans vary in coverage. Higher premium plans usually mean more coverage and fewer out-of-pocket expenses. People with ongoing health needs may prefer this type of plan. Alternatively, those who are healthy with few medical needs may prefer a lower-premium plan. A rough budget can help you narrow down your options.
Explore Financial Assistance Options
You might be eligible for financial assistance to help cover the cost of your health plan. In fact, 4 out of 5 people qualify for a subsidy that can keep monthly payments under $10. Exploring your options can help you save money toward your monthly premium.
Identify Your Must-Haves
Make a list of the essential features you need in a health plan. Do you have specific prescriptions that must be covered? Are there particular doctors, hospitals, or services you require? Knowing what you need will help you choose a plan that meets your unique requirements.
Gather Essential Information
Before you start shopping for a plan, make sure you have all the necessary information at your fingertips. This includes the names, mailing and home addresses, and Social Security numbers of everyone you’ll be covering under your plan.
Also, take some time to understand deadlines and the periods when you can enroll in an insurance plan and when coverage will start. You don’t want to miss important deadlines, like January 15, which is the deadline for coverage to start February 1. You can learn more about deadlines and how health insurance works at GetCoveredFlorida.com.
If you want to sit down with someone to walk through the process, there are a couple of ways you can do it. You can connect with a local licensed Florida Blue agent, visit the Pensacola Florida Blue Center, or call 1-800-876-2227. A licensed professional can answer all your questions and when you are ready, help you enroll.
Pro tip: the Florida Blue Center is located at 1680 Airport Road in the Cordova Commons, so you can knock out some last-minute shopping while there.
Visit FloridaBlue.com/Center/Pensacola for more information about the center and to schedule a consultation.
With a little preparation and knowledge, you’ll be ready to choose a plan that checks all the boxes for your unique needs and budget and maybe even enjoy a little extra peace of mind this holiday season.
This content is sponsored by Florida Blue, our healthcare partner.
