How to Get the Most Out of Your Health Coverage

Health insurance deductibles keep rising, as do the out-of-pocket maximum limits.  Consumers are leaving wider gaps in their coverage to save money on monthly premiums.  So what is the answer?  Since the beginning, I have been a believer in stacking with supplemental coverage. How does that work?  First, you have your high deductible health insurance, which gives you a base level coverage and most importantly, an out-of-pocket maximum.  This normally will be in the $5000 to $8500 range and designed to keep you from bankruptcy if something bad happens.  But what if you could insure that gap at a low price?  And what if when something bad happens, instead of wondering how to pay the bill or how much work (i.e. income) you will miss, you can be assured that the bills will be paid?

One of my favorite out-of-pocket protection plans is by Manhattan Life.  It’s a simple product that pays lump sums for hospital stays and surgeries.  It’s a great add-on to whatever health insurance you are currently using. Get a quote here and/or let’s schedule a time to talk about whether you have things set up correctly.