Obtaining insurance can be a confusing process that leaves you with many questions about the type of plan that is best for your circumstance. At David B. Crother Health Insurance Broker, we firmly believe in passing our knowledge along to you, so you can feel comfortable in the insurance product you choose, understand how your plan works and not be surprised when a healthcare bill arrives for which you are financially responsible. Contact us today to speak with an knowledgeable insurance broker in Yuba City, CA and we can help find the right plan for your needs (530) 974-1098.

Deductibles Are An Important Factor

In order to wisely choose an insurance solution, you must understand how deductibles work for insurance plans.

The deductible is the dollar amount you are expected to pay each year before your insurance plan assumes financial responsibility for future expenses, which are covered by your policy. However, there are exclusions as to what can be applied towards this defined amount. For example, your deductible does not take into account payments made for your health insurance premium or co-pays.

What You Should Know

When you are comparing one plan to the next, the amount of the deductible will be one of the most crucial deciding factors for you as to whether a plan is suitable for your financial situation. During your comparison shopping, you will notice that plans with a higher deductible often cost significantly less than those with a lower deductible. Before you hastily choose a plan with a high deductible to save money on your premium, take a look at the medical expenses you or your family incurred in the prior year. If the amount you spent is low, then you may consider a plan with a higher deductible. However, if you or a family member has a medical condition that requires periodic medical care, you may wish to pay more upfront based on the understanding that you will meet that lower deductible in a short period of time upon which your insurance plan will take over. While a medical emergency cannot be predicted, you must make the decision on which plan you can reasonably afford that does not put you at risk financially should the unexpected occur.

To find a health insurance plan that supplies a sufficient amount of coverage at a price that you can afford, it is critical that you work with an honest, extensively experienced insurance specialist that has your best interests in mind. The David B. Crother Health Insurance Brokerteam collectively has 32 years serving the health insurance needs of individuals, families and business alike. When you work with us, you can be sure you will secure a top quality insurance product that matches your needs and finances. Contact our knowledgeable, trustworthy staff today by calling (530) 674-1098 and discover why we are the top insurance broker company in Yuba City, CA!