How to Create your Personal Elite List of Health Insurance Companies
According to the current statistics, approximately 30 percent of people ages 35 to 65 that have a disability, has it for at least 90 days. These disabilities could be categorized as bone injury, emotional imbalance or pregnancy.
And like a lot of things, people do not want to use their financial resources to plan for a disability. And a lot of these same people have no idea how devastating a disability can be. When in fact a little planning could have made a huge difference.
Sometimes your employer has health insurance companies that will also covered disability insurance. But just keep in mind that it is not normally 100 percent of your regular pay. So if you are living from paycheck to paycheck, you could be in trouble. And depending on how long your disability lasts, you could be heading for a financial disaster.
So if your employer does not offer disability health insurance, or it is not enough to make you feel secure, you have some research to do. And the good news is that the internet has made that job a whole lot easier.
You will want to grab a piece of paper and start working on yor list. Maybe put the name of the company acoss the top and a list of questions down the side. We will use the process of elimination to get to the Elite list and then to the final decision.
We will want to get a good list of questions together first. And we can adjust it as we go. Look at a couple of web sites to get started. A lot of the companies will help you out by telling you what to look for! Also make a list of things that are not clear. You will have plenty of opportunities to get the answers.
Here are some to get you started.
- Contact methods and hours.
- Premiums.
- Co-Payments.
- Deductibles.
- Length of payments if you are disabled.
- Customer service.
After you start crossing health insurance companies off of your list, you will end up with the Elite List. You will then have to pick the best of the best. Just keep in mind that the people you will probably be talikng with are “sales” people. They may make anything sound good. Make sure that you will have someone to talk to if disaster does strike.
Getting the best deal depends on you. The research is available. You just have to put in the time. You may be surprised at how little you can get protection for. Especially compared to what you have to lose!
