Everyone would like to provide the best health insurance coverage possible. But we’ll also gladly pay less if that doesn’t reduce the quality of the coverage we get. Here are some tips that will reduce your health insurance expenses if you use them as directed …
Before going any further, you should understand that the higher the chances of filing a claim, the higher the health insurance rates you will have to pay.
Certain factors play a crucial role when insurers calculate your level of risk. A number of these are beyond your control and others are things you can control.
Here is one factor you can control: smoking. If you or your spouse smoke, you are perceived to be at high risk for health insurance. In addition to the cost to you if you are a direct smoker, second-hand smoke can be very harmful to your children or others in the home. They run the risk of developing certain health conditions simply as a result of such exposure. This ultimately makes them riskier now or later.
Even though it is quite difficult to quit smoking, the gains (both in lower health insurance premiums and in other areas) are well worth it. You will be considered for a reduction after you have quit smoking for up to 13 months.
Having and using a first aid kit at home also helps. It costs you very little to ensure that your children follow basic personal hygiene. However, your children will get sick less often. This will ultimately make you spend less on health insurance in the long run.
If you have kids in college, save yourself a bundle by excluding them from your family insurance plan. There are health insurance programs specially designed for them.
The only exception to this rule is if you intend to cover them for pregnancy. Coverage for pregnancy is excluded in these health insurance plans.
You will get savings if you use health insurance quote comparison sites. If you use sites run by independent brokers (which I prefer and recommend), you will get no less than five health insurance quotes per quote request from A rated insurance companies.
All you have to do is as easy as going through all the quotes returned and choosing the one that works best for you. Remember to read the terms of the policy and ask any questions you have before paying for health insurance.
And to remember, get quotes from at least 3 health insurance quote sites. You shouldn’t find this difficult since you will only be spending a maximum of five minutes per site. You will have a larger basis for comparison when you get health insurance quotes from more insurers. It is difficult to say in advance who would offer the best health insurance rates.