We usually review our investments regularly, but health insurance is something many of us just keep renewing without checking if the cover is still enough.
“One of the most basic steps in personal finance is making sure you and your family have adequate health insurance. This is especially important for parents, many of whom bought policies years ago and have kept renewing them even as hospital costs have gone up significantly.”
Ditto has put together a simple checklist to help people review their parents’ existing health insurance and understand if the cover is still adequate.
If you haven’t reviewed your parents’ policy in a while, worth checking out Ditto’s checklist.