Choosing a health insurance plan is one of the most important financial decisions you’ll make—yet it’s often rushed, confusing, or based on misleading assumptions. At BBS Insurance, we believe in helping you make educated, confident choices. Below, we break down the top five mistakes people make when selecting a health plan—and how you can avoid them.
1. Focusing Only on the Monthly Premium
When comparing health plans, it’s tempting to go with the cheapest monthly premium. After all, who doesn’t want to save money?
The Mistake: Choosing a health plan solely based on a low premium without considering out-of-pocket costs like deductibles, copays, coinsurance, and out-of-network expenses.
The Reality: A lower premium often means higher costs when you actually use the plan. For example, a high-deductible health plan (HDHP) may look attractive monthly, but one unexpected hospital visit could leave you with thousands in bills.
What to Do Instead: Evaluate the total cost of care, not just the premium. Factor in how often you visit doctors, need prescriptions, or have planned procedures. BBS Insurance can help you compare the full picture so you’re not caught off guard later.
2. Not Considering Network Restrictions
Not all doctors and hospitals are covered by every plan. Many people assume their preferred physician or local hospital is included—only to find out it’s out-of-network after they’ve enrolled.
The Mistake: Failing to check the provider network for each plan.
The Reality: Out-of-network care can be drastically more expensive—or not covered at all. You could end up switching doctors or paying full price for care.
What to Do Instead: Always verify that your doctors, specialists, and preferred hospitals are in-network before selecting a plan. At BBS Insurance, we help clients cross-reference provider directories to ensure you don’t have to sacrifice quality care.
3. Underestimating Prescription Drug Coverage
Prescription costs can add up quickly, especially for those managing chronic conditions. Unfortunately, many people overlook the formulary (the list of covered medications) when choosing a plan.
The Mistake: Choosing a plan that doesn’t adequately cover your medications or puts them in high-cost tiers.
The Reality: You might find that a crucial prescription isn’t covered—or only available at a high copay. This can lead to skipped medications, health complications, and unexpected financial strain.
What to Do Instead: Review the plan’s drug list to make sure your medications are included and affordable. BBS Insurance can guide you through this process to ensure your health needs are covered, without breaking the bank.
4. Skipping Professional Guidance
Health insurance is complicated. Plan documents are full of jargon, and comparing options side-by-side can feel overwhelming.
The Mistake: Relying on guesswork, internet forums, or incomplete online comparisons instead of professional help.
The Reality: Even one wrong assumption can cost you thousands. Many people miss out on better coverage or savings options simply because they didn’t ask an expert.
What to Do Instead: Work with a licensed insurance advisor who understands the ins and outs of the health insurance market. At BBS Insurance, our experienced team simplifies the process, clarifies your options, and tailors a plan to your lifestyle and budget.
5. Not Reviewing Plans Annually
Life changes—and so should your health coverage. Many individuals auto-renew the same plan year after year without checking if it’s still the best fit.
The Mistake: Failing to reevaluate your plan during open enrollment or after major life events.
The Reality: You could be paying too much, missing out on new plan options, or not getting the benefits you need as your health needs evolve.
What to Do Instead: Schedule an annual insurance review—especially during Open Enrollment or after events like marriage, childbirth, job change, or retirement. BBS Insurance offers no-cost plan reviews to ensure your coverage still works for you.
Final Thoughts: Don’t Let These Mistakes Cost You
Choosing the right health plan isn’t just about finding a good deal—it’s about protecting your health, your finances, and your peace of mind. The good news? You don’t have to navigate this alone.
At BBS Insurance, we specialize in helping individuals, families, and small business owners across the Kansas City area make smart, informed decisions about their health coverage. Whether you’re shopping for a Marketplace plan, private insurance, or group coverage for your employees, we’ll help you find the plan that fits—not just today, but for the long term.
✅ Ready to Choose the Right Plan?
Avoid costly mistakes and get expert guidance from a team that puts your needs first.
📞 Call us today at (816) 205-4664
💻 Or visit bbs-insurance.com to schedule your free consultation.
BBS Insurance — Helping you Buy Better & Save on the right health coverage.