Health insurance questions you need to ask

Health insurance in Maryland

Buying healthcare insurance is stressful for most people. You are making a decision that will affect your life for the next year. If you make the wrong decision that is a long time to live with a mistake. Before you decide which healthcare plan is the best for you, there are some important questions that you need to ask. At Wellspring Insurance Network Inc.in Frederick, MD we are happy to help make sure that your healthcare insurance is a perfect fit. 

Are my doctors on the plan?

If you have an established relationship with a doctor/doctors you want to make sure that they accept any health insurance that you are considering. You should also check if your preferred hospital, pharmacy, and walk-in are available to you. 

Are the prescriptions I already take covered?

Making sure that any medication that you take is covered is very important. Not all drugs are covered by all plans and the tier and co-pay that goes along with your medication can vary greatly.

What is the plan deductible?

These days, high deductible plans are the most affordable and that makes them very appealing. However, if the deductible is so high that you will end up paying for all of your medical expenses for the year, it may not be the best option.

What is the premium?

At the end of the day, you have to be able to afford to pay the premium for the policy you are looking at.  You need to carefully balance all the parts of the health insurance to see what makes the most sense for your needs.

At Wellspring Insurance Network Inc. we offer insurance from 45 different carriers. Not all of them carry health insurance but we do have a good selection. One of them is the perfect fit for you. Stop by our Frederick, MD office or give us a call, we have the answers that you need.

 

 

 

Why Does a Maryland Resident Need Renters Insurance?

Moving into a new apartment is a very fun and exciting time for all people. When you do move into a new apartment, there are a lot of things that you need to take care of and handle. For those that are in the Frederick, MD area, one responsibility to remember is the need to have renters insurance in place. There are several reasons why someone may need to have renters insurance at all times. 

Required Under Lease

One reason why a Maryland resident could need a renters insurance policy is that it may be required under their lease. All landlords are going to want to make sure that their tenants have adequate renter’s insurance coverage. This ensures that the tenant has coverage for their assets and for liability, which ultimately gives additional protection to the owner of the property. 

Gives Valuable Protections

Even if it is not required under your lease, you should still have renters insurance in place when you move into a new rental unit. Those that are moving into a rental unit need to consider all of their risks that come with both liability and the risk of loss if your apartment is damaged by fire or bad weather and your personal belongings are damaged. A renters insurance policy will give you protection against these common risks. 

If you are going to move into a new apartment in the Frederick, MD area, it is important to consult with a professional about your renter’s insurance needs. For those that are in Maryland, a great source of information is Wellspring Insurance Network Inc. The insurance team at Wellspring Insurance Network Inc. knows exactly the type of insurance that a renter needs to have. They can then help you get into a policy that gives the right coverage.