HealthCare season has started!
For some that is good!
For others that is not so good.
But either way it is important to review your coverage! (the moral of the story if you have a short attention span like me is “Even if you are HEALTHY! it is still a good idea to review your coverage”)
As a Licensed Insurance Agent since 2007 I have seen many things, many of which where avoidable or should have turned out better.
Tuesday I sat with a lady who got her plan last year. The person who came out to help her could ONLY write for 1 insurance company. If the lady did not sign up for that company…there was no pay check. Personally I see that as a conflict of doing what is right for the insured vs. an Agent needing money for gas. (don’t get me wrong,she had a good quality plan that worked, I just like my customers to have options)
This year (for 2015) if she stays with the same plan she is looking at spending about $1,400 more on medication.
Is that enough to cause her to want to change?
In this case yes. The insured also pays a sizable monthly premium that she is going to be able to save. Her son was there and I presented the options and THEY decided to take the savings!
Between the current prescription savings and the monthly premium savings, she will spend over $2,000 less in 2015.
This is just one scenario, every situation is different, but if the same agent (one trick pony with only one carrier, her current one) had been out, odds are they would not have seen their other options and spent a lot more money in 2015.
Please use a professional!
And please realize that Insurance Agents of today are different than from when we got the negative stigma years ago…maybe I will write about that next week, hmm.