Oddo Insurance Group

Health insurance plans, provider networks, premiums, and prescription drug formularies can change annually. Reviewing your options during Open Enrollment helps ensure your coverage continues to meet your healthcare needs and budget.

Many people use HSAs as a long-term savings vehicle. Funds can be invested and allowed to grow for future healthcare expenses, which are often one of the largest costs in retirement.

Studies consistently show that individuals who maximize HSA contributions and invest their balances can accumulate tens of thousands of dollars for future healthcare expenses while benefiting from significant tax savings along the way.

"The secret of getting ahead is getting started."

Reminder: Don't Choose a Plan Based Only on the Premium: A lower monthly premium may seem attractive, but it's important to consider deductibles, copays, coinsurance, and out-of-pocket maximums before making a decision.

Take Advantage of Preventive Care: Most health insurance plans cover preventive services such as annual wellness exams, screenings, and vaccinations at little or no cost to you.

Medicare Planning Starts Early: The best time to learn about Medicare is before you need to enroll. A little preparation can help you avoid common mistakes and make the transition to Medicare much smoother.

Ask Questions Before You Enroll: Health Insurance can feel overwhelming, but you don't have to navigate it alone. Asking questions and understanding your options can help you make confident decisions about your healthcare.

HSA money is yours to keep. Unlike a flexible spending account (FSA), unused money in your HSA isn't forfeited at the end of the year; it continues to grow, tax-deferred in your HSA.

Did you know? Families without health insurance are 3x more likely to delay or skip necessary medical care — putting their health and finances at serious risk.