Health insurance questions you need to ask

Getting the right health insurance policy is one of the most important decisions you make every year. It isn’t all about the price of the policy. It is a fine balance between affordability and protection. At Don Allred Insurance in Burlington, NC, we have more than 40 years of experience providing our customers with personalized service. 

Before you decide on a health insurance policy, there are some important questions you need to ask. The answer to those questions will help you pick your coverage. 

Is my doctor in the provider network?

Every health insurance company has a provider network. These are health care providers who have made an arrangement to provide services for prearranged prices. If you have a primary care doctor or a specialist whom you prefer, it is important to make sure they are in the network of the carrier you are considering.  

Are my prescription medications in the formulary?

A formulary is a list of the medications that are allowed by a particular insurance carrier. They are listed by tiers. The tiers have different copays and deductibles. You need to make sure your medication is included and what tier it is in. 

What is the deductible on the policy?

Many policies have a deductible that must be met. If it is thousands of dollars it could mean that almost nothing would be covered unless you have a very major illness or accident. These are usually referred to as high deductible policies. 

In Burlington, NC, Don Allred Insurance is the place to go when you want an independent insurance agency whose objective is to identify and minimize our customer’s risk. We know health insurance and we can help make sure that you get the policy that is right for you. Give us a call or stop in to get a no-obligation quote.