Which Health Plan to Choose?
Have you completed your open enrollment selections? You may be trying to decide which health plan is best for you and your family. Remember, the resources page on the Open Enrollment website has the link to the MyClearview Decision Support tool and information on how to access your total medical claims. Also, you will want to compare premiums and look at the plan benefits. Click here to view the HDHP and HSA Informational video. See below for further plan considerations:
Who should consider a high-deductible health plan?
Though high-deductible health plans involve greater out-of-pocket costs, they may still save some consumers money. A high-deductible health plan might be right for you if:
- You’re healthy and rarely get sick or injured.
- You can afford to pay your deductible up front.
- You have the means to make significant contributions to an HSA each month.
- You are healthy and are interested in using an HSA as a way to save or invest money.
Who should consider a low- or no-deductible health plan?
In general, low-deductible plans make health expenses easier to predict — and despite the fact that they tend to have higher premiums, they are still better for many consumers in the long run. A low- or no-deductible plan might be right for you if:
- You are pregnant, planning to become pregnant, or have small children
- You have a chronic condition or need to see a doctor frequently
- You’re considering a reparative surgery, such as a knee or hip replacement
- You take several prescription medications, or even just one expensive drug
- You or your children play sports, especially those with high risk of injury
- You are covered by Medicare, Tricare or another secondary medical insurance plan
We want you to have the information available to make an informed choice regarding the right health plan for you and your family. If you have questions or need assistance with the enrollment process, please contact Human Resources at 256-824-6640. Don’t forget you have until November 2nd to complete your insurance elections for next year. If you do not respond, you will not have coverage in 2019!
