Using a health insurance broker wont cost you a dime. No joke.
Keep reading because these secrets, or little known facts, can be the key to getting the most out of Open Enrollment. The more you know, the more likely you’ll end up with the right health insurance coverage for the year to come.
Secret 1: Help from a broker is free.
The rates you pay for individual or small group health insurance will be the same whether you use a broker or not. Brokers, like the HIG team, are trained and certified to help you understand your coverage options and enroll in a plan. The right broker will make the whole process easier for you and/or your business. In addition, some brokers will include free ‘extras’ – like access to price transparency tools and concierge services, HIG does!
It’s not what you want to hear, but spending time on the front end to determine your best coverage options will pay off in the end. You should think through things like how last years plan worked for you and what might be changing in the coming year. At the very least you will be well educated and less likely to be caught off guard when you go to the doctor, visit urgent care, or get that bill from your provider or the Explanation of Benefits (EOB) from your insurance carrier.
- Lower premiums vs. lower deductible?
- Which carriers get the best negotiated rates for your providers?
- One family plan vs. separate plans based on each family members needs?