Pick the health insurance plan that gives you the most bang for your buck.

Don't automatically select the cheapest plan. You have to weigh the value of your health plan vs. price. If you go with a cheap health plan but it doesn't pay for the benefits you need, you are not getting good value for your health insurance dollars.

If you're young and healthy, you might want to go for lower premiums and higher co-pays. But if you're older, have a chronic health condition, or have young children who make frequent visits to the doctor, you're probably better off with higher premiums and lower co-pays.