Medical insurance can be complex and confusing for many people. There are so many rules and conditions, it can be difficult to navigate through all the information and requirements for purchasing the appropriate medical insurance coverage for you and your family.
At Newton Village, Traci Jackson (Business Office Manager) and Andrea Smith (Director of Social Services) field a variety of insurance concerns from residents. Based on their professional knowledge, they are offering 3 insurance tips and questions to ask to make sure your insurance works for you:
1. Be sure to investigate what each insurance option covers. "It's important to compare prices, but just because one insurance plan is cheaper doesn't mean it's better," explained Jackson. "It's important to know what you'll be paying out-of-pocket, and what your drug costs will be. Make sure you know if you'll be covered for hospital stays, medical tests, and skilled care in a nursing facility."
2. It's also critical to understand what the insurance plan doesn't cover. "Read the small print so you are aware of any exclusions," added Jackson. "Make sure it covers your demographic area and visits to your primary care provider. Some people purchase an insurance plan without understanding the out-of-network benefits. We recommend people select an insurance plan with coverage that allows them to be in a skilled nursing facility of their own choosing."
3. It's up to the individual to shop around. "Select an insurance agent that you trust," said Smith. "Ask your family members and your peers about their insurance plan and whether they're happy with it. If so, would they recommend it to you? Word of mouth recommendations are very powerful; however, if you're not sure which plan you should choose, keep asking questions until you're satisfied."
For more information about selecting an appropriate medical insurance plan, please contact:
110 N. 5th Avenue W
Newton, Iowa 50208