Health insurance plans can look similar at first glance, but important differences can affect both your access to care and what you pay throughout the year. CNI Financial & Insurance Services helps residents of Northridge and the San Fernando Valley understand these differences when reviewing health insurance options.

1. Monthly Premium

The premium is the amount you pay to maintain your health insurance coverage. While price matters, it should be considered together with the other costs and benefits of the plan.

2. Deductible

The deductible is an important part of understanding your potential health care expenses. Plans with different premiums may also have significantly different deductibles.

3. Doctor and Hospital Network

Check whether your preferred doctors, specialists, medical groups, and hospitals are included in the plan’s network. This can be especially important if you already have established relationships with local health care providers.

4. Prescription Benefits

Review how the plan covers medications you currently take. Different plans may place medications into different coverage tiers or have different requirements.

5. Out of Pocket Costs

Consider copays, coinsurance, deductibles, and the plan’s out of pocket maximum. Looking at the complete cost structure can give you a better picture than comparing premiums alone.

CNI Financial & Insurance Services serves individuals and families throughout the San Fernando Valley. Contact our Northridge office to discuss your health insurance needs and explore available coverage options.