Southeast Insurance Solutions, Inc.
Southeast Insurance Solutions, Inc.
2137 Chatham Avenue
Charlotte, NC 28205
Phone: 704-560-8972
Email: info@seinsurancesolutions.com
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NC Health Insurance - Is a Copay Plan Right for You?

When choosing NC health insurance, many individuals and families feel like they must have co-pays or copayments with their plan. Co-pays are those set amounts you pay each time you go to the doctor or pay for a prescription. However, is choosing this type of plan right for you and your family?
 
When you are contemplating your health insurance, you need to take the cost of co-pays into consideration and the premiums for the plans that offer copays. Having the “convenience” of copays on your health plan will add hundreds to thousands of dollars to your annual premiums. Insurance companies use co-pays to share the costs with the consumer. By sharing these costs along with the added premiums, insurance carriers are able to absorb the potential higher costs that they may incur due to multiple office visits or expensive prescription drugs that they are covering the majority of the cost for. If you and your family are healthy you must ask yourself if you will utilize the extra benefits (copays) that you get for the higher premium.
 
How can you be sure a co-pay plan is the best idea for you when analyzing your options for NC health insurance? A good insurance broker will help you work through the pros and cons and help you ascertain if this makes sense for you. Many people fail to take the cost of the co-pays into planning their health spending each year. Copays do not count towards your deductible so no matter how many times you fill the prescription or visit your doctor you still have to meet your annual deductible for the larger claims (inpatient and outpatient services).
 
Because young children tend to visit the doctor more often than adults and children’s policies are typically less expensive, many times it makes sense to have them on a copay plan while having the parents on an HSA qualified plan. This combination can make your monthly healthcare affordable yet still giving you significant protection for all family members when the need arises.
 
Speak with an agent about your choices. They can work with you to find the right coverage or combination of coverage to see what the best choices are for you and your situation. They can often provide you with a variety of options and give you the information to make an informed decision on what type of insurance would work best for you. That will give you peace of mind about the price you are paying for NC health insurance and what you get for that price.
Southeast Insurance Solutions, Inc.
2137 Chatham Avenue
Charlotte, NC 28205
704-560-8972