Type of Plan - When choosing health insurance plans you need to account for your needs include emergency services, hospitalization, prescription drugs, laboratory services and wellness visits.

Premiums - How much you will you pay per month for coverage.

Deductibles - The amount you must pay out of pocket before your coverage kicks in.

Co-pay or Coinsurance - Most people are not aware of other costs that may be required like coinsurance and co-payment.

•Coinsurance - a percentage of costs you must pay for a medicine or service.

•Co-Pay - flat fees you are required to pay for prescriptions or covered services (often listed on the back of your insurance card)

Coverage of Medicine - When on regular prescriptions covered by your insurance plan different insurers have a list of medicines covered by the plan. So it is good practice to compare the medication you currently take to those lists. The covered medicines is also divided into tiers , which determine how much of a co-pay or coinsurance you may have to pay.