Health Insurance – The Secret to Lowering the Cost of Your Premium by 30 Percent

Paying for health insurance is a real nightmare for hundreds of thousands of families and individuals in this country. In fact, it’s gotten so bad that half of the people who have insurance admit that they can’t really afford the premium each month, and fully 16% of all Americans are without health coverage of any kind at all. Fortunately there’s a simple little secret that anyone can use to get their health insurance at a discount of around 30%.

But before we get to the Big Secret, let’s go over a few smaller ways that almost everyone can lower the cost of their health insurance home depot health check . Each of the following tips won’t save you a ton of money by itself, but when you add them together their savings are quite impressive.

For example, such a simple thing as paying your premium automatically every month directly from your savings or checking account will save you around $100 each and every year.

Not participating in extreme or dangerous sports or hobbies will save you money as will driving a sensible car. It’s true, people who drive fast sporty cars or big muscle cars often pay more for their health insurance.

Don’t smoke, don’t use chew, in fact don’t use any tobacco product whatsoever. Quitting smoking or using chew is hard. Everyone knows that. But if you’re serious about cutting down the cost of your health insurance then you’ve got to be serious when it comes to smoking and using chew. Just say no.

Group health plans are cheaper than individual plans. Most people get their group health through their place of employment, but if you can’t get group coverage at work don’t despair. Many clubs, organizations, and associations offer their members group health. Check around and see if any groups you belong to offer group health to their members. If not, maybe a family member or friend belongs to a club or association that offers members group health – if so, see if you can join.

Many health plans come with a standard 25% co-payment each time you visit your doctor. If you don’t see your doctor on a regular basis you could increase your co-pay to 50% and save quite a bit each and every month on your premium.

Similarly, increasing your deductible will decrease your monthly cost of health coverage. Just be sure you don’t increase your deductible past the point at which you can actually afford to pay it every year.

So what is the Big Secret to getting your health insurance at a rock bottom wholesale price? It’s actually quite simple. Just buy your policy online.

It’s true. Online brokers have almost no overhead. They can afford to cut prices to the bone and sell you a policy at prices that you probably haven’t seen in years – very often at a savings of around 30%!. On top of that there’s a lot of competition in the online world and the more competition there is, the lower prices tend to be.

The high cost of medication has made health insurance move up to being a very high priority item everywhere in the Unites States of America. It is now very difficult for many families to get financial security as about half of their income goes towards paying the premiums for health insurance cover.

Emergency hospital stays, surgeries, operations are some of the major expenses that medical health insurance is taken out for. There is a host of health insurance polices provided by major insurance companies, state funded insurance providing agents and brokers.

Taking out health insurance is for some is a form of security and a necessary precaution, while others think of it as a waste of their money. Little do they realize that, in an emergency an insurance plan can be invaluable. For this reason, the government and states have designed many plans at minimal premiums to provide medical assistance to needy families.

These low-cost health insurance plans ensure that poor families can have access to better health care and enjoy better security with their limited incomes. All health plans will require that some money is paid as a premium towards securing the cover. Some of the policies accommodate basic medical services, hospital care, regular health check-ups and major treatments like surgeries. The majority of these low-cost health insurance covers have been designed for a limited spectrum of medical treatments.

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