All that glitters is not gold

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On the national healthcare exchange, Gold plans usually cost more, but are they worth it? See what Gold – and the other metal categories – have to offer.

Bronze

If your biggest concern is low monthly premiums, the Bronze category is your best bet. They’re perfect for protecting yourself in the event of a major illness or injury. However, their deductibles (the amount you pay before your insurance begins to pay) can be thousands of dollars a year. This means you’ll most likely pay the full cost of routine care on your own.

Silver

If you can afford a monthly premium above what Bronze has to offer, consider a Silver plan. They offer all the benefits of Bronze, and their deductibles are typically lower as well. This means you’ll pay less for routine care than you would under Bronze.

Gold

Gold plans have the highest premiums; however, they also have the lowest costs when you actually need care. Like Silver, their deductibles are low, and could be a good choice if you plan to use a lot of medical care within a given year.

If you’re having trouble choosing a metal category, talk to a health insurance broker today for sound advice.

How do you know if you’ve got a good health insurance broker?

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Having a good health insurance broker is important. After all, they’ll be helping you pick the plan you’re likely to have for a year or more. The decisions you make with them can have significant impact on your health, wallet, and quality of life. But how do you know if your broker has the right stuff?

They don’t charge you up front

Reputable health insurance brokers get paid on commission. So if yours is asking for money from you upfront, run! Not only are they unlikely to be a good broker, but they may not even be a broker at all!

They’re knowledgeable

Smart brokers are already very familiar with the health insurance plans being offered. Of course, plans can change from year-to-year. So it’s not uncommon for brokers to have to look up new information about it, or say they’ll get back to you with answers. However, if your broker has to look up every little detail about the plans you’re interested in, they may lack knowledge in that area – and others.

They communicate

It’s not just enough to know about the plans being offered. Your broker should be able to EXPLAIN them to you, including things like maximum out-of-pocket expenses, co-pays, premiums, deductibles and more.

In the market for health insurance? Give us a call and we’ll get you squared away in no time at all! (303) 663-9991