Health insurance provides coverage for medical expenses, helping individuals manage the high costs of healthcare.

It’s essential because it reduces the financial burden in case of an illness, injury, or other medical needs. With health insurance, you’re covered for a range of services, from doctor visits and hospital stays to prescriptions and preventative care, ensuring you and your family have access to needed care without worrying about costs.

Most health insurance plans cover a wide range of healthcare services, including doctor visits, hospital stays, surgeries, lab tests, preventive care like vaccinations, and even prescription medications. Some plans also cover mental health services, maternity care, and emergency services. It’s always good to review the specific plan details to understand what is fully covered and any limitations.

A deductible is the amount you must pay out of pocket for healthcare services before your insurance starts covering costs. For example, if your plan has a $1,000 deductible, you would pay for the first $1,000 of services. After meeting your deductible, insurance typically covers the remaining costs, though you may still have copayments or coinsurance on certain services.

Start by assessing your family’s healthcare needs, including regular doctor visits, prescriptions, and any special care requirements. Compare plan options, considering the premium, deductible, out-of-pocket maximum, and covered services. If you have specific doctors or specialists, check if they’re included in the plan’s network. It can be helpful to work with an agent to understand your options and select the plan that fits your family’s needs and budget.