Believe it or not, the average hospital stay costs more than $10,000. Without health insurance, you’re left to pay the amount in full on your own.
With the right health insurance policy, getting the medical care you need is far more affordable. But how do you find the best policy for your needs? After all, there are dozens of insurance providers, hundreds of plans, and seemingly thousands of options to choose from
The entire process can get confusing fast. Instead of trying to handle things on their own, many people choose to work with an experienced insurance broker. They help you navigate the options and find the right policy for your needs.
But there’s more to it than finding the lowest-cost coverage. Here’s how a broker can help you on your insurance hunt.
They Can Get You Better Rates
When you buy health insurance online or through an insurance company, you’re limited to the premiums they set. There’s no easy way to get discounts on coverage or to narrow down plans based on their coverage quality and price.
This can make getting insurance expensive both upfront and each month.
When you work with a Texas Health insurance broker, you’re gaining access to their industry connections. Remember, brokers work with insurance companies to find the right coverage for multiple clients each month.
This means the insurance providers often give them access to better premium rates than you’d get on your own. Think of it as a volume discount—since they represent more people, they’re able to negotiate with the providers more effectively.
Working with a broker will typically save you money over the life of your health insurance policy.
You’ll Get Help Figuring Out Your Coverage Needs
You know you need health insurance, but do you really know how much coverage you need?
In the marketplace, you’ll find plans for completely comprehensive health coverage and plans meant for use in extreme emergencies. But deciding on the right plan for your needs can be tough.
Working with an experienced broker will help you find the policy that you truly need. For example, if you have an underlying health condition that requires frequent doctors’ appointments and prescriptions, you’ll want a more comprehensive policy. But if you’re just worried about having insurance in case you break your arm on vacation, you’ll likely be fine with a cheaper policy.
Brokers get to know your situation and your unique needs before recommending the right policy.
Brokers Understand the Available Options
There are dozens of insurance companies out there and many of them offer completely different insurance plans. Interpreting the information from each provider is both time-consuming and confusing.
Brokers already understand the details of the options currently available. And they’ll communicate those details to you so you can make the best decision for your needs.
If you have any questions along the way, they’ll make sure you get the answers you need before you commit to an insurance plan.
They’ll Help with the Application Process
It should come as no surprise that applying for health insurance is a tricky process. And the more people you’re enrolling, the more difficult the application process is.
Without the help of a broker, you’re left to fill out the forms for each person in your family on your own. If you have a question, you’re stuck waiting on the phone with the insurance provider to get the answers you need to move on with the application process.
But with a broker, you’ll get help every step of the way. They’ll tell you what to bring to the appointment, what types of documents you’ll need to have on hand, and help you enter the information accurately.
They Know How to Get You Assistance
The purpose of the Affordable Care Act was to make insurance more accessible to families and individuals of all income levels. The government subsidizes the cost of the plans, paying a portion of your insurance premiums each month.
And they base that amount on how much you earn in a year.
But you don’t have to take the full amount of assistance if you’re worried about raises or extra money changing your income level. And your agent will help you figure out how much assistance you should take and help you submit the appropriate documents to get that help if you qualify.
Brokers Work with More Than One Insurance Company
When you buy insurance on your own, you’re limited to the companies and providers you can find. And if you work with a private insurance agent, you’re limited to the providers they partner with.
Brokers work with more providers at any given time. This means they’re better equipped to find you the premium payments you can afford and higher quality coverage than anyone else.
And instead of having to choose a plan that works but doesn’t work well, you’ll be able to make the best choice for your needs.
Saves You Time
Think of an insurance broker as your one-stop-shop for all things health insurance. They’re the experts in coverage options, applications, and all the supporting documentation you’ll need to get the coverage that’s right for you.
They’ll help you every step of the way from exploring your coverage options to finding the best policy for your needs and your budget.
Instead of having to start the search online, call multiple providers for quotes, and figure out which policy really is the best deal, you’ll work with a single point of contact. This can save you days on your insurance search and eliminates much of the stress that comes from shopping for coverage.
Work with a Health Insurance Broker Today
Working with a Health insurance broker is the best way to make sure you get the coverage you need without straining your budget. They’ll work with you to get to know your preferences, coverage needs, and concerns. By the end of the appointment, you’ll know you’ve gotten the best coverage possible.
Save yourself the stress of shopping for health insurance on your own. Work with Houston’s trusted Health insurance brokers today. Contact us to schedule a free consultation or to get a free quote.