Reminder! Open Enrollment Is Almost Over
The open enrollment deadline is coming up! Please take a moment to make sure you’ve chosen the best health insurance plan for your needs. Make sure to choose your plan before the Open Enrollment deadline: January 15.
Complete the following checklist for medical plans:
Compare Plans
Consider Costs
Note Chronic Conditions
Explore Other Benefits
Here are factors to consider for your prescription plan:
Your Prescription Drug List:
Also known as a formulary, this is a list of covered medications.
Tiers and Costs:
Medications are divided into different tiers with unique costs. Lower tiers usually have lower copays.
Preferred Pharmacies:
Some plans have networks of preferred pharmacies that offer lower-cost medications.
Mail-Order Options:
Many plans offer mail-order pharmacy services, which can save you time and money on long-term prescriptions.
Prior Authorization:
Some plans require prior authorization for certain drugs. This means your doctor needs to get approval from the insurance company before filling the prescription.
Step Therapy:
You may need to try a less expensive prescription drug before your plan will cover one that costs more.
Coverage for Specialty Medications:
Make sure your plan has the coverage you need for specialty medications, which can be a lot more expensive.
Your Deductible and Out-of-Pocket Maximum:
Take note of your plan’s annual deductible (the amount you must pay before your insurance takes over) and out-of-pocket maximum (the most you will have to pay during the policy period).
Changes in Coverage:
Plans may change their coverage terms each year. Review any changes to the prescription drug list, tier placements, or cost-sharing requirements.
ACA Healthcare Exchange Important Open Enrollment Dates
November 1st – Open Enrollment begins
December 15th – Last day to enroll or change plans for January 1st coverage
January 1st – Coverage begins for plans with enrollment completed by December 15th
January 15th – Open enrollment ends
February 1st – Coverage begins for plans with enrollment completed by January 15th
ACA Healthcare Exchange Important Open Enrollment Dates
November 1st – Open Enrollment begins
December 15th – Last day to enroll or change plans for January 1st coverage
January 1st – Coverage begins for plans with enrollment completed by December 15th
January 15th – Open enrollment ends
February 1st – Coverage begins for plans with enrollment completed by January 15th
The open enrollment deadline is coming up! Please take a moment to make sure you’ve chosen the best health insurance plan for your needs. Make sure to choose your plan before the Open Enrollment deadline: January 15.
Complete the following checklist for medical plans:
Compare Plans
Consider Costs
Note Chronic Conditions
Explore Other Benefits
Here are factors to consider for your prescription plan:
Your Prescription Drug List:
Also known as a formulary, this is a list of covered medications.
Tiers and Costs:
Medications are divided into different tiers with unique costs. Lower tiers usually have lower copays.
Preferred Pharmacies:
Some plans have networks of preferred pharmacies that offer lower-cost medications.
Mail-Order Options:
Many plans offer mail-order pharmacy services, which can save you time and money on long-term prescriptions.
Prior Authorization:
Some plans require prior authorization for certain drugs. This means your doctor needs to get approval from the insurance company before filling the prescription.
Step Therapy:
You may need to try a less expensive prescription drug before your plan will cover one that costs more.
Coverage for Specialty Medications:
Make sure your plan has the coverage you need for specialty medications, which can be a lot more expensive.
Your Deductible and Out-of-Pocket Maximum:
Take note of your plan’s annual deductible (the amount you must pay before your insurance takes over) and out-of-pocket maximum (the most you will have to pay during the policy period).
Changes in Coverage:
Plans may change their coverage terms each year. Review any changes to the prescription drug list, tier placements, or cost-sharing requirements.
You may also want to consider adding a Hooray Health supplemental plan. Our extra coverage will bring you peace of mind—and save you money in the process.
Download the free Hooray Health 365 App to explore additional details.
To speak to a representative,
please call (855) 479-4017
Take a look at Hooray Health’s supplemental insurance offering
Sources:
https://americanhealthimaging.com/cost-comparison/
https://health.costhelper.com/acl-reconstruction.html
https://spendonhealth.com/acl-surgery-cost/
https://afcurgentcare.com/blog/cost-of-urgent-care-vs-cost-of-er-visit/
https://mdsave.com/procedures/orthopedic-established-patient-office-visit/d784f8ca