Affordable Individual Health Insurance -- Make Sure You Study These Tips

Are you positive you seriously want lower individual health insurance rates? Then you have to spend some time to learn the steps that you'd have to take to reach your goal. I've provided enough ideas to help the greater majority make savings of more than 50% on insurance...

1. There are drugs that are popular. Medicines that are well established are more expensive than equally-effective drugs with less brand recognition and so increase what you spend. For those who don't know, the law stipulates that every drug must have the same active elements notwithstanding if they are brand names or generic. Where the differences start and end are in their selection of inactive ingredients.

This simply implies that what you receive in brand name drugs is also what you get from generic drugs of the same specification. Discuss with your doctor about this.

2. You'll get more affordable individual health insurance rates if you pay by Electronic Funds Transfer (EFT). it authorizes your bank to credit your insurer with your premium payments automatically until you advise otherwise. This saves your insurer in many ways such as removing the cost of mailing payment notices and the expense associated with processing checks. Your premium is therefore lowered to reflect the cheaper cost of providing insurance to you.

3. If you find it hard to find a willing private health insurance provider because of a pre-existing ailment you can go for COBRA insurance. Just by the way COBRA is the acronym for Consolidated Omnibus Budget Reconciliation Act of 1985.

4. A Flexible Spending Account helps you as you look for ways to reduce your spend. It is a kind of savings account where you can put tax-free dollars for your health care needs. Any amount unused could be carried over into the succeeding year (still tax free). With this you can eventually build up a substantial amount to meet your health care needs.

5. Your individual health insurance plan would likely offer you up to two free visits to a doctor for preventative health care check ups.

Why do check-ups lead to savings?

Since diseases are diagnosed at their benign stages by doing such check ups, they are more easily treated without spending much. It costs your insurer less to do this than to treat health conditions when they are malignant.

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