Utah Health Plans
What Health Plans are available in Utah?
There are many types of health plans available in Utah. Some that are great, some that are good and some that should be avoided. Finding out which one is right for you is where an Utah independent health insurance broker comes in and makes things easy. We are able to find out through an interview with you, what the needs of you and your family are in terms of insurance needs. Though that interview, we will make recommendations of what we feel is the best fit for you as well as the reasons why. But what I would like to deal with here is just what plans are actually out there for you as options.
Traditional copay health plans are what most people in Utah are used to. They are major medical plans that are either and HMO or PPO type networks, that when you go see a doctor for regular wellness or illness visits, you pay a small copay for that visit. It includes a copay for your prescriptions as well. All of the main health insurance companies in Utah offer these types of plans. Most people like these health plans because of the knowledge that they only have the small copay for the visit, but you do usually pay a higher premium because of it.
When the US Government changed the tax code to allow for health savings accounts, instead of the previously allowable flex spending accounts, a new and consumer driven health plan emerged. Obviously when you raise your deductible, your premiums are going to go down. But unlike traditional plans, where you have a copay to see the doctor even before meeting your deductible, with an HSA type plan, you have no coverage (other than discounts)until you meet your deductible. But once you meet your deductible, everything is then covered 100%. So, you can keep your premiums down, get a tax break and get better coverage once you meet your deductible. For some people, these are a no brainer. For others, the thought of not having a copay scares them off. This would be something we would have to discuss to make sure this is a good fit you.