The "type" of policy that best fits you and your family is the keystone to having the proper insurance. Let me introduce you to the Greene family........
The Greene's are newlyweds. Young, healthy and both still in college. They both work part time and are not offered group insurance through their employers. The Health Care Reform act requires all major medical insurance plans to include an annual checkup at no cost to the insured. Catastrophic high deductible health plans would be perfect for them. They will only pay for doctor visits they use and by selecting a PPO they will be entitled to network discounts for any medical services that they may need. A high deductible health plan will also keep health insurance premiums low.
Mr. and Mrs. Greene are now finished with college. They now have full time jobs, but were still not offered any employee group insurance. They should keep their high deductible health plan and add some maternity coverage.
Now that the baby is born they will need a plan that is more suited for a young family. A High deductible health plan will still work! They should select a plan that offers doctor visit copayments and prescription coverage.
Still working with our high deductible health plan, the Greene's kids are now in school. They can add some riders to the policy for first dollar coverage in case someone gets hurt in an accident or playing sports.