Three Reasons to Use a North Carolina Health Insurance Broker
Health care can be very expensive. When you do not have health insurance then everything is paid for out-of-pocket with no help with the financial aspect from anywhere else. If you have ever been sick and made a visit to the hospital, doctors office, or even drugstore to get your prescription then you already know it can cost a pretty penny. Just imagine how much money you may have saved in the long run simply by having health insurance. Finding the right company can be confusing so here are three reasons to use a North Carolina health insurance broker rather than buy online.
Premiums are the same whether you buy a policy online, direct from a carrier, or through a broker. Agents and brokers are usually paid a commission based on the type and size of the health insurance policy they sell. Many people assume incorrectly that if they buy directly then the premium will cost them less. Agents are paid directly from the company and they are there to sell you something based on your personal needs. It costs you nothing extra to deal with a broker and that since the premiums will cost you the same amount of money; going through a broker is definitely a better decision.
Another reason to choose a North Carolina health insurance broker rather than buying health insurance online or directly from the carrier is that they understand the underwriting requirements for each of the carriers with whom they work. Because they understand this they are better equipped to relay the information to you in order to help you better understand which carriers will be best for your situation. The underwriting is the process that providers use to access eligibility for health insurance coverage. This minimizes risk loss and maximizes profits for the carrier. Because each company has different underwriting standards, one carrier may decline you due to a particular health condition where as another may just give you a minor rate increase. By working with a well-qualified agent they can guide you through this process and keep you from choosing the wrong carrier.
Deciding to work with a local health insurance agent or broker will save you time and cause less frustration. They are the experts in the field and are the ones that can best serve you. There are a lot of things to consider when shopping for health insurance and all the information can be overwhelming. You should choose an insurance agent that works with multiple companies because they can evaluate your individual circumstances and make suggestions for plans that will best suit your personal needs. When looking for a North Carolina health insurance broker do not be afraid to ask to see credentials or references.