Adding A Spouse - Health Insurance

Getting your spouse health insurance is sometimes difficult to accomplish. You could be faced with higher premiums, deductibles and additional paperwork. However, coverage is essential for emergencies. Here are a few things to consider before adding your spouse.

Increased Policy

When you add a spouse, your premiums will increase. Find out what the new premium will be so that you can properly budget your expenses. If your spouse is working, it may be a good idea to compare policies before you add them to your policy. Ask each insurance provider to provide you with a matrix and compare it closely before you commit to any one policy. Pay special attention to deductibles, coverage and monthly premiums.

 Waiting Period

Once you add your spouse, they will not immediately be covered. Most insurers have a 30 day waiting period before the coverage takes effect. Some insurance providers take longer so be sure to call your insurance provider before you seek out services. If you visit a doctor or hospital before coverage is confirmed, you will be responsible for the cost.

 Evidence of the Change

Once you do the paperwork to have them added, you'll want to make sure that they are officially on the policy. Ask for a benefits card with your spouse’s name on it so that you have an account number to reference when you call your insurance company.

Deductible Change

When you add a spouse, you will want to watch the change in deductible. Many times a $1000 deductible for one person will turn into a $2500 for two people. It might not make sense, but that is the way many insurance companies do business. Check out these details before filing any claims.

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