Health insurance protects you from unexpected, high medical costs that cover things like vaccines, screenings, check-ups, prescription drugs, emergency services, rehabilitative services, and so on. There are many options for health insurance, including Aetna Medicare Insurance, Cigna Medicare, Humana Insurance Plans, Mutual of Omaha—there are different layers of Medicare, ranging from affordable Medicare with less coverage or more expensive Medicare with more coverage. There are many common mistakes people make when purchasing health care, so read on to know what you should watch out for:

1. Not knowing what’s covered
Oftentimes, individuals purchasing health insurance don’t consider what each of the policies cover, when you can use each policy, and what you may have to pay for yourself. There are limitations on what is covered, and without doing the proper research, you may be left paying for a lot of healthcare situations out-of-pocket, leaving you wondering if you choose the right plan.

2. Not having enough coverage
As your life changes, minimal health insurance coverage probably won’t cut it. If you buy a home, get married, have children, etc., your income and budget will change, and so should your healthcare plan. Be sure that you have the right amount of insurance for your specific needs, and do it sooner than later. You’re more likely to get approved for higher coverage when you’re in good health, so don’t wait, and it will bring you some peace of mind for the future.

3. Hiding accurate medical history
Many individuals think that by concealing their medical history out of fear of higher premiums or being rejected. However, health insurance plans are built on the good faith in the information provided, and by lying or hiding something, you risk being denied insurance claims later on. While disclosing medical history may result in a slightly higher premium, it will prevent the possibility of future claim rejection, so save yourself the trouble and be honest.

4. Investing in health insurance only during old age
Contrary to popular belief, health insurance is not just for the elderly. A medical emergency cannot be predicted, and being young doesn’t exclude you from any potential issues. By investing early on, you can avoid any wealth erosion by having to pay out of pocket for medical expenses. In fact, policies for those under the age of 45 often are easy to obtain and have a lower premium payment.