Using Multiple Plans to Manage Your Healthcare: A Smarter, More Affordable Approach
Managing healthcare can seem overwhelming, but relying on just one company to handle everything isn’t always the best solution. While it may sound simple, using a single provider often comes with higher costs and poor customer service. A more strategic option is available in today’s healthcare environment—using multiple plans to better meet your needs.
Think of it like putting together a healthcare puzzle. Each piece, from Health Share to preventive plans, virtual care, and more, serves a specific purpose. By thoughtfully combining these options, you can create a custom healthcare plan that works best for you or your employees.
Here’s why using several plans can be the key to more innovative, more affordable healthcare.
Customization That Meets Individual Needs
Healthcare is not one-size-fits-all, especially for small businesses or families where everyone has different needs. Using multiple healthcare plans allows you to handpick coverage options based on what you require most. For example, you might use one plan for your basic health needs and another for dental or vision coverage. Each employee or family member can mix and match based on their own specific needs.
The plans and pieces we’re discussing can include Health Share, preventive plans, copay plans, virtual care, labs, medications, dental, vision, and accident coverage. Some people might only need one or two of these, while others might combine several to ensure comprehensive care. This flexibility is especially valuable in small businesses, where employees may have varying needs, from needing certain providers and chronic condition management to routine preventive care.
Lower Monthly Costs and Reduced Out-of-Pocket Spending
Surprisingly, using multiple plans can result in a lower monthly payment and reduced out-of-pocket spending over the year. At first glance, it may seem like having several plans would increase your expenses, but the reality is quite the opposite. You avoid paying for unnecessary services bundled into one expensive plan by picking specific coverage options based on your personal or business needs.
For example, we commonly pay for a conventional plan that is infrequently used, and the deductible is never reached. You can choose Health Share, which has lower costs, and add the other pieces only if needed. This results in a tailored approach that helps you save money while providing the exact coverage required. Many Health Share programs, for instance, pair perfectly with a copay plan or preventive care to give you a way to spend less on healthcare.
Learning Curve, but Greater Rewards
Yes, there’s a learning curve when managing multiple plans. You’ll need to understand how each plan works, what it covers, and when to use it. But this extra effort will reward you with a healthcare system that perfectly fits your lifestyle and financial needs. This approach often comes with advocacy services designed to provide the highest level of customer service and help with this learning curve. Think of it like learning the pieces of a puzzle—you might start with a few key plans like virtual care or preventive care and add others like accident coverage, labs, or medications as needed.
Once you become familiar with the ins and outs of each plan, you’ll be able to maximize your healthcare benefits while minimizing costs. For instance, understanding when to use your virtual care plan versus going to an in-person provider can save you both time and money.
Conclusion: A Smarter Way to Approach Healthcare
Healthcare doesn’t have to be expensive or frustrating to manage. By choosing multiple plans and customizing them to fit your needs, you can save money and get better coverage. Whether it’s Health Share, preventive care, or adding coverage for medications, dental, or vision, the key is to combine different pieces to form a complete healthcare puzzle that works best for you.
So, don’t settle for a one-size-fits-all approach. By getting advocacy support, customizing your healthcare, lowering your overall costs, and learning how to effectively manage multiple plans, you’ll ensure you have the best coverage for your needs—without overpaying.
For more information or assistance with setting up the best combination of plans, don’t hesitate to reach out to our team. We’re here to help you confidently manage your healthcare puzzle.
The math of a real-life example:
A Traditional Family Plan– $1,500 monthly
comes with a $5,000 deductible
A Customized Approach– $900 monthly
Includes $1,500 UA Health Share, Preventive Copay plan, Dental, Vision, $0 Copay Virtual Urgent Care, and $0 labs.
*The result is more services with little to no out-of-pocket cost and a more comprehensive selection of providers and services.