Monthly premium cost may be the main factor in choosing health insurance plans for families. However, when choosing a plan, it may be wise to look deeper than just the cost of the premium. Here’s a checklist you can use when searching for cheap health insurance for families.
Are you eligible for subsidies? Unity’s Get a Quote tool estimates if you may qualify for help with your health insurance costs in Wisconsin. Just type in your zip, your city, your birth date, whether you use tobacco, your family size, your income and whether or not you have employer coverage. We’ll estimate whether you may qualify and give you the next steps.
Do you need dental insurance? The Affordable Care Act (ACA) requires that dental coverage be made available to children. You can either buy a separate child dental plan or it may be included as a benefit in your plan.
Cost for prescriptions. Many health insurance plans for families have tiers, or levels, of prescription costs. Generic medicines are usually the cheapest. You can check potential costs before you buy a plan. On quotes, these prices will usually be listed under “Pharmacy Copays” followed by a series of dollar amounts. If one or more of your family members has a prescription that is not generic, you can review the insurance company’s drug formulary. Find out what tier it’s in, then compare that to the copay amounts. That will enable you to get an estimate of what you may pay for prescriptions.
Cost for office visits. When looking for cheap health insurance for families, be sure to look at the cost of office visits. According to the Centers for Disease Control, 92.4% of children had contact with a health care professional last year.1
Many families with young children see the doctor often. That’s why it’s important to know what your copay for office visits might be. The general rule is the more you pay for a premium, the less you may pay in office visits. For example, an office visit* may be $55 or more on a Bronze-level plan, but just $10 with a Platinum plan.
Have questions about finding cheap health insurance for families in Wisconsin? Contact us at 608.644.3430 or share your question with our knowledgeable customer service staff.
1. http://www.cdc.gov/nchs/fastats/physician-visits.htm *Office visit without additional services, such as lab tests.