Recently, my company changed its health insurance providers or something like that. Basically, the company that we would be receiving our health insurance through changed.
At this point as I sit here today typing this, I'm not sure how to rationalize my decisions that followed. (Hindsight is 20/20, they say.) I was extremely busy with my work (engineering) and decided that I had been happy with my health insurance in the past, and that I should just end up picking whatever health plan had a reasonable premium (ie, I was being cheap). My health plan in the past had always covered the medications I needed to live, so I figured that as long as I had that, I wouldn't need anything more fancy. Since I was so busy with my other work and because my coworkers wanted me to attend certain conference meetings, I skipped out on HR's briefing of the different plans and just picked the one that had the lowest premium so that I could say I had something and just continue with my work.
Yes, I know, I'm dumb.
Today, I discovered that this plan does not cover any form of medication, be it vaccinations or prescriptions or anything. It only covers doctor visits and certain specialists. Honestly, I didn't even know that such health plans existed. I mean, what good is it to see a doctor if all they're going to do is tell you, "Yup, you're ill. Good luck with that!" and not have coverage to actually fix what's wrong? But apparently that's a thing, and that's what I've discovered I have.
At this point, I've discovered that if I get all of the medications that my doctor wants me to get without prescription coverage, it could easily cost me over $1000 USD every few weeks. I'm not poorly-off financially, but this is significant and would throw off some of my plans for my life for the next several months (until open enrollment).
I need to change my plan to something that actually fits my needs, but open enrollment isn't for many months, so I'm not sure what to do. My friends tell me that I should quit my job and find a new one so that it would count as a 'qualifying life event', but... I'm not really keen on quitting my job, especially over something like this.
Is there any other way that I can adjust my insurance plan? Or have I completely screwed myself?