You may not think of health insurance this way, but good insurance is the best way to protect your family and financial goals. This is true if you have a wife and children or if it’s just you. Because if something happens to you, what happens to the people who are important to you? Or the people who rely on you? When you have a health insurance consultant on your side, it’s easier to protect what you are doing every day.
Using Health Insurance to Protect Your Financial Situation
Whether you make a lot of money or a little money, you still need to protect yourself with the right health insurance. It’s important to consider if something bad happens to your health, how much of your healthcare expenses are you going to owe? Your health insurance could have a high deductible or low deductible, high out-of-pocket or low out-of-pocket costs. When I work with our clients, I work out how we can make these two aspects of health insurance work together to their advantage.
Safeguarding Yourself and Family from Worst-Case Scenarios
Whenever I review financial or family goals with a family, I ask them to look at their insurance coverage as though they are going to get cancer or diabetes. Or maybe they are fine one week and the next week rheumatoid arthritis is so severe they can’t even get into work.
If this happened to you, how could you protect yourself? Here’s one way: the Guaranteed Issue aspect of the Affordable Care Act enables you to always maintain coverage, even if serious health issues arise.
Maintaining Health Insurance While Coping With Income Downturns
Your income is another point to consider when thinking about health insurance. What is your income? Do you have a mid-range income? Are you going through a life change so you’re going to make half of what you’re used to? Your premium needs to be adjusted to your income. The Affordable Care Act gives you a way to do that. I help our clients with this adjustment all the time.
You work hard all your life to ensure that even if you have a downturn in your income, you can still have health insurance. If I can lower your premium to meet you where you are right now in this phase of your life, I’d love to do that. If you have a lower income, we can adjust your deductible and out-of-pocket costs to help you get yourself back to where you were before.
The Value of Having a Health Insurance Consultant on Your Side
As you go through these changes, it’s good to have someone willing to sit down and talk to you about your income and life changes and your family and financial goals. That’s what we do at MBhealth Insurance Agency.
I love helping our clients understand their health insurance and helping them obtain the best coverage at the best price. I treat our clients as though their challenges are my own. I want to help and protect them.
If you’re dealing with a struggle, it’s also my struggle. It’s my job to make your health insurance plan protect your family and your financial goals. We work with those two aspects of your financial life to give you the biggest advantage. That’s what can happen when you have someone who is on your side who’s willing to talk to you and listen to your plans and goals. When you need this help, call us at 314-544-5400.
