10 Questions to Ask Before Buying Health Insurance

How do you know if you’re buying health insurance that’s right for you? Health insurance providers often offer different policies, and each one is different in terms of price, coverage and so on. Before you decide to purchase health insurance, ask yourself these 10 questions so you can be sure you’re getting the right product at the right price.

1. Am I eligible for health insurance?

Eligibility for health insurance varies depending on your age, your location, and other factors. It’s a good idea to check with a few different providers and compare prices—you may qualify for affordable coverage even if you have pre-existing conditions.

2. What if I have pre-existing conditions?

If you’re interested in buying health insurance, make sure you find out what kind of coverage you can get with pre-existing conditions. Not all plans will provide benefits for people who are suffering from chronic illnesses, which means they might not be a good fit for everyone.

It’s important to know your options so that you can buy health insurance that works best for your needs.

3. How much will it cost me?

It’s a complicated question, but one you should be able to answer. In fact, your health insurance premium is likely to be your most expensive part of your monthly budget, so it’s important you understand what it will cost you and whether or not that figure fits in with your family budget.

4. What’s the best type of health insurance?

There are many different types of health insurance, but they can generally be categorized into two types: major medical and limited benefit. If you’re healthy and don’t think you’ll need a lot of healthcare over time, then it may make sense for you to select a limited-benefit plan.

These plans don’t provide very much coverage beyond certain specific conditions, but they do offer lower premiums for healthier people.

5. How do I enroll?

The most important thing you can do before buying a health insurance is know what’s covered and how much you can expect it to cost. You should know your deductible, co-payments, and anything else that applies in your situation. The next step is learning how to enroll in a plan. The Affordable Care Act has made signing up for coverage through an exchange or marketplace simple. many people are still confused by it, though.

6. Is there a penalty if I don’t buy health insurance?

If you don’t have health insurance, you’ll need to pay a fee known as a penalty.

7. Will my coverage change over time?

If you’re buying health insurance, your coverage could change significantly over time. Be sure to learn about all these possible changes before purchasing a policy. Remember that many states now have exchanges, where insurers compete for customers. This can lead to more choice and better pricing in terms of premiums, co-pays and deductibles.

8. Where can I find more information about health insurance policies?

The best place to begin your research is by talking with a licensed agent or broker who is familiar with health insurance policies and what would be appropriate for you and your family. You can also ask friends, colleagues or relatives about their experiences buying health insurance. If you decide not to buy health insurance on your own, there are government programs that offer assistance for low-income individuals and families.

9. Who do I call with questions about my health insurance policy or provider network?

If you ever have questions about your health insurance policy or provider network, contact your plan administrator or broker. You can usually find these professionals through a customer service number listed on your policy. If you have questions about how to use your plan, talk with your doctor, nurse or health coach.

they’re best equipped to answer those kinds of queries.

10. Can my state offer additional assistance in paying for health care expenses?

The Affordable Care Act offers tax credits and subsidies that can help you pay for insurance. These benefits, which are based on your income, will be paid directly to your health plan provider. The more money you make, and thus pay in taxes, will have a direct impact on how much assistance you receive in paying for your insurance.


The decision to get health insurance is an important one, but it’s also very personal. A recent poll found that two-thirds of Americans expect to buy individual health insurance at some point in their life—so knowing what questions to ask can be incredibly helpful.

Melina Rhyne