Shopping For Affordable Health Insurance Can Certainly Be An Eye- Opener

Category: Finance, Insurance.

Affordable health insurance- it seems, those words just, particularly today don t belong together in the same sentence. In fact, if you have any permanent health problems, or have had, such as diabetes cancer at one time in your family history, your monthly cost could easily be more than the house and car payment combined.

Health insurance monthly premiums are becoming the biggest single expense in our lives- surpassing even mortgage payments. Shopping for affordable health insurance can certainly be an eye- opener. Affordable health insurance, is definitely available, however- if you know how and where to look. If you have always had a health insurance benefit where you work- especially a state or federal employee- and now have to buy your own, you may not be able to afford the level of health insurance coverage you have become used to. When you are looking for affordable health insurance, you want the lowest cost per year that will fit your budget, of course. Just as there is a car for just about any budget, there is also affordable health insurance.

But, you want a, even more importantly company that has a good record for paying without fighting with you on every detail. You may not be able to afford a" Cadillac" policy- but then you probably don t need all the frills anyway. Here are five reasons why. Shopping for health insurance on the internet is the easiest and best way to find affordable health insurance. You don t need a local agent to help you submit the claims for health insurance. You save money because the health insurance company saves money by not paying the agent commission. The medical provider does it for you.

This could amount to an 8% to 12% savings to you. Most local agents can only quote you from the few companies that they represent. All the top health insurance companies are at your fingertips on the internet. They may not offer you what is best for you financially or health- wise but only what they happen to have available. In the past you would have had to visit physically eight to ten agents to do a similar comparison. Health insurance companies have to be extremely competitive because it is so quick and easy to compare them with their competitors on the internet today.

Most folks just didn t have the time or desire for that. Charging to a credit card means you aren t going to forget a payment and be without insurance. You can change your coverage, and payment options, deductibles with just a few clicks rather than going through the paperwork delay with a local agent( and then finding out he/ she made a mistake- more delay) . Also, it gives you another 30 days before you actually have to pay. The key, to finding affordable, however health insurance is realizing that the purpose of any health insurance is to protect you from a major financial loss- not to protect you from spending small money on clinic visits and sliver removal. Also, many companies today give an additional discount for" auto- pay" .

These small expenses may be cumbersome but they generally will not hurt you. That s the financial disaster health insurance was originally designed to prevent. It s the$ 100, 000 heart operation that will break you. Also, keep this in mind. You are gambling that you will draw out more than you pay in. Health insurance, as with any insurance, is a gamble.

Your health insurance company is gambling they will pay out less. They have all the facts for millions of families to average out, so they know the risk in advance. The odds are in their favor for two reasons. Also, they get to set the rules and the prices. This is not a bad thing at all. The higher you set your deductible, the more risk you take. You will most likely be the winner in the long run.

By adding more of the risk with higher deductibles, spending a little time on the internet comparing eight to ten different companies, and deleting coverage that you will not likely need( such as maternity for many people) will make it likely for you to find your own affordable health insurance. Yes, finding affordable health insurance is much easier than most people think.

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