How To Get High Quality Health Insurance For A Lot Less
How To Get High Quality Health Insurance For A Lot Less
The cost of health insurance is certainly a topic of interest these days. For one reason: It seems to be going forever up. The second reason: A good number of employers are removing it from the benefit packages. However, we'll just concern ourselves on things we can do to ensure we get high quality coverage for a lot less. Here are five ways to get you started...
1. Ensure you maintain an excellent credit rating. A poor credit record will make you pay higher health insurance rates. For most insurers it is a pattern they believe you are quite likely to repeat with them in premium defaults. This means more risk to them and higher rates for you.
2. Registering with an HMO will help lower your health insurance cost. They are a more affordable alternative than traditional health insurance. With a lower cost comes restrictions in the doctors, health care professionals and hospitals you can use.
For individuals who want limitless choices in who and where to get health care, a traditional health insurance plan is still your best bet.
All you will have to do is do more thorough shopping for traditional health insurance. This is a sure-fire way to get cheaper rates while enjoying a traditional health insurance plan.
But if you're ready to accept the restrictions, then an HMO is a great option for lowering your health insurance cost.
3. Smoking will always attract very high health insurance rates. Smokers are more liable to die at a tender age and are also more likely to suffer many deadly diseases.
It costs insurance companies a lot more to give health insurance to smokers because of the bad risk they are to them. Once you stop smoking for about 12 months inform your current insurer or reapply to another insurer and you will see a considerable drop in your health insurance rates.
4. Your co-pay can be more than your drug cost in a number of situations. It might not be less expensive for you to buy a prescription from your purse (without using insurance). In those instances, you will spend less by choosing the alternatives that offer you bigger savings. Do your best to find out the difference before you use your insurance.
5. You will put yourself in a good position to enjoy cheaper rates if you get and compare quotes from at least five quotes sites. I recommend that you use a minimum of five quotes sites since that will make it less likely that you'll miss out better quotes not given by the other sites. This provides you a broader basis for doing more thorough comparisons thereby increasing your chances of better quotes.
