If you want to save money on your automobile insurance, you know that the more you increase the deductible, the lower your premiums will be. The same is true with your health insurance. The higher your cover, the better your protection and the lower your premiums may be. Your Wellspring Insurance Network agent may help you determine the best coverage to fit the needs of your family in Bethesda, MD. Your agent can discuss recent health insurance changes with you and potentially help you decide the cover that benefits you most, particularly if you have special health-related needs.
Lower deductible plans versus better coverage plans
It may seem beneficial to enroll in a policy with a low deductible, but you can have to pay thousands of dollars out of pocket should a catastrophic illness or sudden medical issue occur, such as a heart attack. Similarly, those enrolled in policies with lower deductibles may discover they are without coverage for critical care or special needs such as maternity care. Plans with higher deductibles cover up to 90% of medical costs, feature higher deductibles but features better coverage. Although you initially pay more, you get much better coverage once you meet your deductible.
Better protection for your family
Bethesda is recognized as being “home to some of the nation’s best and most professional hospitals.” The top-notch medical care available to you and your family at local hospitals and medical facilities means you and your family have access to some of the best care in the country. Discuss how to improve your coverage with your Wellspring Insurance Network agent by giving us a call or contacting us online.