Health insurance is a big ball of wax—so big, in fact, that many of us put it on the back burner rather than deal with it—but it's one of the most important decisions you'll ever make. Think about it: Your entire family's well-being depends on it.
There's a good reason why you're procrastinating. "Insurance has its own language and it's complicated to translate that into real language," says Kimberly Lankford, author of The Insurance Maze: How You Can Save Money on Insurance and Still Get the Coverage You Need. To stay motivated, it helps to remember that insurance protects not only your health but your entire financial plan. Nothing is more devastating to your bank account than a stack of uncovered hospital and doctor bills.
And even if you have insurance, healthcare bills can pop up everywhere—from services that aren't covered to doctor and hospital co-pays to prescription drug fees. That's why it's so important for every woman to become a savvy health consumer.
Two vital things to keep in mind: