While many California residents are able to receive health insurance through their employee or their spouse’s employer, not everyone is so lucky or wants to take advantage of that benefit. For those in that situation, the best option is to shop for health insurance through your state’s online marketplace. When shopping for insurance online, you will have four types of plans to choose from – Bronze, Silver, Gold, and Platinum. As their names imply, a Bronze plan is going to be the least expensive while Platinum will offer the most expansive coverage options but come with a heftier price tag.
Similar to a health insurance plan through an employee, you’ll pay a monthly premium to the insurance company every month – regardless of whether or not you use medical services – and you’ll have out of pocket costs including a deductible. When you are comparing plans, make sure to pay attention to items like your out of pocket costs including copays and deductibles. Additionally, depending on the type of plan you choose – PPO, HMO, POS, or EPO you may have the ability to go to virtually any doctor or office while others will limit you to only providers within their network. Plans may also differ in quality so be sure to do your research by reading reviews online, talking to friends, and healthcare providers to determine which policy is best for you.
Shopping for healthcare insurance doesn’t have to be a challenge and by utilizing the team at Express Financial & Insurance Services our friendly and professional staff will help you find the perfect policy for your needs. As the premier insurance provider in Santa Monica, CA we take the time to learn about our customers so we can offer you a policy that is customized for exactly what you want. Give us a call to schedule a no-obligation consultation.