To determine the best health insurance plans available to you and your family, you first need to decide how much you can afford to pay for your coverage.  Basically, it all comes down to this issue.

If you have an unlimited ability to pay then you can get a plan that will cover you from the very beginning of your medical care.  Most people are not in this category so we will address this article to the needs of all the rest of us.  First the best plans are those that will pay when you need them to pay, no matter what level of coverage you have.

In order to make sure you can at least depend on the level of coverage you are carrying, be sure you are with a financially solid company.  With health care costs going through the roof, you need to check this before buying coverage.  Use one or two of the corporate credit rating agencies to decide if the company you are thinking about is financially secure.

Next look at the top two or three companies based on the credit rating agency score.  Find out the specific coverage they offer and for what cost. If you get a quote that is too high for your budget, that doesn’t mean that you can’t get health insurance from this company.  Look at increasing the deductible that you will pay.  This can bring the premium down to a more affordable level.  If the premium is still too high, consider an HMO plan or a PPO.  These plans are more restrictive on which doctor’s you can see, but they are much less expensive, especially an HMO.  When you feel comfortable that the level of the premium and the coverage you will get is satisfactory, this is your best plan.

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