Heart bypass

A: It appears that health care planning has become the most important issue in your overall financial planning and other strategies are likely to be more effective than jumping from one insurance to another, searching for a bargain. "Shopping around" for health insurance is probably not the answer. I say this because most states have only one insurance plan designated as an open enrollment assigned risk policy under HIPAA and almost every other health insurance plan is more desirable, both in terms of benefits and price to the assigned risk or HIPAA plan. So the chances of getting a better deal by switching insurance are slim in most states. A few states like New Jersey allow a person to switch at will, so in this case it makes more sense to devote more time to the issue. But this is the exception, not the rule. Instead, consider the plan of care and treatment you want, including the providers, consider the available resources, both insurance and other financial resources. Using this approach, the choice of insurance will become clear. In the end, it is likely that you are already on the best available insurance plan. A revision of your cash flow is obviously needed but this is also an excellent time to review your asset protection plans as well.