6 Ways To Save Over 30% On Affordable Health Care Insurance
Why is it that most of us don't think twice when we're spending hundreds or even thousands of dollars on luxuries and "toys." But, when the issue of "insurance" and protecting our families and ourselves comes up - we back off?
Every day in the U.S. many families are caught off-guard with an unexpected medical emergency that they cannot afford to fix. If you have no medical insurance, it could cost you a fortune, not to mention the bad care you'll get.
Here are 6 tips to help you save up to 30% and to make sure you get the most fitting plan:
Choose By Location
Choose the right insurance plan by browsing and doing some research on your State's insurance website as insurance plans and prices vary widely by state. A good site will list companies available in your area, prices for both individual and family plans, and any lower-cost options your state offers if you meet certain income requirements.
Know Your Priorities
A perfect example is if you have a specific doctor you like seeing - the first thing to do would be to check if that doctor accepts that insurance program. This is just one example of priorities you may have.
Let an insurance broker help
It can make life much easier on you to bring on a broker to help. This is mainly because they have relationships with multiple companies - they can help you find the best fit for you. Brokers will do all your leg work and also advise you on how to get your prices down.
Ask for a "free look"
A test-drive of your insurance plan is called a free look, and it basically means that you can get your money back if you're not satisfied within a set period of time. Restrictions vary by company and plan, but you could have anywhere from one to six weeks to ask for a refund - probably in writing.
Consider a Health Savings Account
If you are seeing the doctor just twice a year then HSA is a great option. It goes hand-in-hand with an insurance policy that has a high deductible but low premiums. The money you save on premiums each month can be deposited into the HSA pre-tax, where it grows tax-deferred. You then use it to pay for any unexpected medical expenses. Once you turn 65, you can withdraw any money you didn't use and spend it on anything you want, including funding your retirement.
You Can Always Negotiate
Remember, you still have to pay co-payments to doctors, hospitals and a part of your medications for most plans. So, when you get a plan, negotiate so you can save money for those things. Always ask for generic drugs and always ask your doctors for more affordable alternatives.
Just realize that even in America, no matter what some people say - it is still very possible to get affordable health care insurance programs - on the internet, just apply!
Drew Samson is a health insurance professional and specializes in assisting you find the best affordable health care insurance plan to protect you and your family.
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