Healthcare Insurance -- Seven Ways To Bring Down Cost

There are tips that will help you get serious savings without putting hurting yourself. Would you like to know them? If so, the following recommendations will help you achieve just that...

1. That extra weight is costing you a lot in health insurance. There's something called Body Mass Index (BMI). It is used to calculate a prospect's rates.

A high Body Mass Index will always attract an expensive rate all other things being equal. When your Body Mass Index rating is high it simply means that your weight is too much for your height. Put more effort into shedding excess weight since losing just a few pounds could give you another BMI rating and result in more affordable rates.

Insurance Quotes

2. It is now generally understood that smoking causes higher rates. What many might not understand is that this is also true if you use any other type of tobacco product. For example, you will pay a higher premium if you chew or snuff tobacco.

Therefore, for your wellbeing and lower rates, quit using any tobacco product.

3. If you drive irresponsibly then be prepared to pay expensive health insurance rates. Rough driving charges and other traffic offences can seriously add to your health insurance premium. Any person who drives roughly might make a claim soon as they are more likely to require medical attention.

Improving your driving history and developing a good driving culture will reduce your rates. Fast muscle cars and power bikes will raise your premium since they make you a higher risk. The simple reason remains that you increase the probability that you will make claims soon.

4. A cheap premium is is desirable but be certain that you don't get led astray by focusing on it. You don't want a cheap quote that does not give you a good value to price ratio. If the lowest price offers everything that is of value to you, then go for it. But in cases where you don't see the right value at the cheapest rate, you'll be making the right decision if you spend more to ensure you truly get the level of plan that you really need.

Health Insurance Quotes

5. Buying catastrophic health insurance coverage will help you save substantially in health insurance and is recommended if you are rarely sick. For people who might not know what it is, it's a type of plan that provides coverage if you fall ill suddenly or are involved in an accident.

You will generally appreciate this policy if you ever are compelled to pay huge bills due to unforeseen diseases or accidents. Catastrophic health insurance rates are usually very cheap.

What are generally high are the deductibles which can be as much as $2,000. However, if you take into consideration the fact that you are getting coverage from accidents or diseases that would make you spend tens of thousands of dollars such deductibles are not really that high -- Relatively.

6. If you need to save in health insurance get a Flexible Spending Account. This type of account is meant for you to put away tax-free dollars mainly for your health needs. You can as well roll over any amount you didn't use in a year to the next tax-free. This offers you a tax free method of building big reserves of funds to cater for your future health needs.

Cheap Health Insurance

7. Quit drinking if you want to pay lower rates. Drinkers spend more on health insurance.

You well know that several ailments can be traced to heavy drinking.

What quantity of alcohol can you take without dire consequences? I can't really say as there are people who can drink a bottle and still maintain their cool while some will take just a sip and then go bersek.

But here is what I am sure of: Quitting alcohol in its totality will do you much good. So you can lower your rates (Apart from reducing the probability of developing certain health conditions) by avoiding alcohol if you can or drinking responsibly if you can't.

The only problem is that people who say they cannot help drinking most often cannot drink in moderation. Seek help if you want to give up alcohol. There are organizations that help alcoholics stop drinking.
Get Health Insurance Quotes, Compare Plans And Save Much Now!
Get Quick Free NO-Obligation Quotes Now And Save!