How to Choose a Health Insurance Plan

Don’t choose a plan based only on the monthly premium.

Before selecting coverage, consider:

1. Monthly premium

How much will you pay every month?

2. Deductible

How much might you have to pay before the plan begins sharing certain costs?

3. Copayments and coinsurance

What will you pay when you receive care?

4. Out-of-pocket maximum

What is the maximum amount you could have to pay for applicable covered services during the plan year?

5. Provider network

Are your preferred doctors, hospitals, and other providers included?

6. Prescription coverage

If you take medication regularly, check whether your prescriptions are covered and what your cost may be.

7. Expected health care needs

Consider how frequently you expect to need medical care.

HealthCare.gov recommends considering your expected health care needs and comparing estimated total yearly costs instead of focusing only on premiums.