Insurance Open Enrollment Period: Get Informed
Health insurance is one of those things that you hate to pay for every month because there is nothing wrong with you, but then you would hate to be without it if something major happens. Too bad we don’t each have a crystal ball that tells us when/if that is going to happen, so we can arm up with the best insurance ever! If there is anything I have learned the past couple of years, it is that life can really surprise you.
If your finances allow for it, it might be a good idea to arm up with supplemental insurance. Unsure of what supplemental insurance is? Supplemental insurance is in addition to your regular insurance, which can help pay for services or out-of-pocket expenses that your regular insurance doesn’t cover. Now if your finances REALLY permit, then get the best insurance that’s out there! Then again, you still have to try and figure out which insurance that is! Supplemental insurance may be a great option for you. Aflac is a well known carrier of supplemental insurance, and when my husband graduates next year, I will be looking into it!
Back when hubby had a job and was a regular employee of a few different companies, I made an effort to stay informed about our insurance benefits and the offerings from the companies he worked for. Before too long, he too will be self employed and insurance will all just be up to us. Each Fall is when open-enrollment for health insurance begins. That is when you can elect to make changes to your benefits and/or insurance. One thing I noticed when the hubs worked for other people was that the companies never gave us a lot of information about our options. I can see how it would be difficult for some to make good choices about their insurance as you can also get whole life insurance if you go online for this. From things that I have read, it sounds like a lot of people make poor decisions regarding their health care benefits, just because they don’t get informed, and stay on auto-pilot year after year. I remember one company that pushed a certain set of benefits because it obviously benefitted the employer to do so, but they weren’t in our best interest. Making a poor health insurance decision can end up costing you a lot of unnecessary money each year. Check out this infographic about the cost of benefits mistakes.
Health insurance and all of the different policies can be quite complicated to understand, so I believe it is important to become as informed as you can, so you can get the most bang for your buck, and be in the best situation your finances will allow for. In many aspects of life, I think the best thing one can do is to arm themself with information!
While you’re gaining information about what insurance benefits are available to you, be sure to look into supplemental insurance to help pay for those extra expenses your insurance doesn’t cover. Aflac is there for you, and has a ton of information to help you through this open enrollment period!
“I wrote this review while participating in a campaign by Mom Central Consulting on behalf of Aflac and received a promotional item to thank me for taking the time to participate.”