Made a Healthcare Coverage Mistake? You're in Good Company
The health insurance plan you choose will largely dictate your out-of-pocket medical spending during the year, so it pays to put lots of thought into that decision. Unfortunately, a large percentage of Americans feel they chose poorly in this regard.
In an Aflac survey last year, 42% of families with children said they made health coverage choices they regretted within the past two years. And they've since suffered for it. Here are the top five regrets:
It can be tempting to choose a low-cost health plan when money is tight and you don't want to spend a fortune on premiums. But if you sign up for a healthcare plan with limited benefits, you're more likely to have to pay for services out of pocket than someone whose health plan offers a wider scope of coverage.
Source Fool.com