A new year is almost here, and health insurance isn’t getting any cheaper. However, you cannot afford to ignore the importance of health coverage for you and your family. This is especially true as healthcare costs are expected to increase by  5.2% in 2022. It can be challenging for the right health plan that meets your budget, your healthcare needs and offers sufficient coverage. So, how would you know which one is right for you through the several health insurance plans available? Here are four tips to help you make the right choice.

Check for mental health coverage

Mental Health

Your mental health is a vital part of general wellbeing. In addition to your physical health, you should have access to a large network of psychiatrists and therapists. Some health plans can help you access the right type of care and therapists, while others have limits on mental health coverage. Therefore, it is helpful to be aware of these limits before signing up for a health plan.

You should also be sure that you engage with mental healthcare professionals who accept insurance payments to be sure that you’re making a worthwhile investment.

Know your options 

You may have a list of potential healthcare coverages you would like to use. In that case, it is essential to appreciate and compare every plan’s services, benefits, and cost to know what works for you. Consider the benefits summary when comparing plans. There are online resources that link to the benefits summary with costs attached. It also includes a list of doctors and health facilities participating in the plan’s network. If you are going through an employer, you can ask for the benefits summary from your workplace benefits administrator. 

Look out for a negligence cover

How negligence is handled in insurance situations is usually misunderstood. A health plan may cover negligence depending on the conditions and extent of negligence. Other plans may cover costs even though they happened due to your negligence. However, medical negligence is a case-by-case assessment, so you want to do what’s reasonable to protect your health. With a negligence cover in your insurance coverage, you can rely on the help of medical malpractice attorneys to help you make the right claims when a healthcare professional fails to carry out their duty of care. 

Consider yearly cost, not monthly premiums


It is tempting to focus on monthly premiums instead of considering other costs when comparing health plans. Studies and PHP agency reviews have shown that many people are overly concerned with their monthly premiums and pay less attention to deductibles or copayments. Monthly premiums are featured when considering health plans, yet it is recommended to consider other costs. Fortunately, the available tools to assess your plan’s deductible and estimate how much you’ll pay out of your pocket before your insurance comes in. You can put together how you should expect to pay in 2022.

Before getting a healthcare plan for next year, it is important to assess and evaluate your wealth needs and that of your family. Once you’ve done that, you can apply these four tips to ensure you make the right decision.