Some areas of the country have lower premiums that others, but, proportionately to our incomes, health insurance is quite costly. For example, annual physicals are now often covered with no or a low charge. In evaluating your protection, it is very important to focus on the catastrophe as well as on the cost of a prescription. Be sure that your plan has an unlimited maximum benefit and that it has generous allowances if you need to see physicians who are not in the network. Understand what would be paid if you decide to go to the Mayo Clinic , for example, and it is not an emergency.
Freedom of choice is financially easy when it is just a doctor's office visit.
If you decide to seek ongoing treatment from a famous specialist when your life is at stake, it is nice to know that it will not be entirely at your own expense. This is one of the most important coverages you can buy. Financial advisors tell us to have at least three month's income available in the event of an emergency. Many of us do not. Being out of work for a two-year illness would probably wipe out most families.