Health Insurance Daily Journal

4. Contribute to a Flexible Spending Account

Deposit pretax dollars in a health savings account. Usually this is taken out of your paycheck and automatically deposited to it.

5. The Earlier the Better

Try to get a policy while you’re still young because your medical insurance premium depends on how old you are.

6. Know the Rules

Know the rules for your plan before you buy. There are a lot of restrictions created on how you can turn in a claim and if you don’t follow these, your claim will be denied.

7. Don’t Stop Looking

Look for alternatives. Compare your plan with other plans and see if you still like it. See if your plan is still competitive and it holds up to your expectations.