For a more affordable health insurance plan, consider raising your deductible. If you will increase your deductible, you can significantly lower your health insurance premium. Your premium will be lower, but you will pay more for medical services. Consider joining a group that gets you a discount on health insurance. You’ll find that purchasing insurance with a group is much cheaper than private insurance. Your employer, if you have one, may offer a group plan for the whole company. Alumni associations, trade organizations and other groups might offer group rates on health insurance. Do not volunteer personal information to health companies who call to solicit services or ask for applications. If you have a condition and they don’t ask about it, withold that information. When you volunteer too much information, the result could be an increase in your premiums, or at worst, a complete denial of coverage. If you are looking for health insurance, try to buy it through a group insurance plan, like your employer’s. Group insurance rates are much cheaper than individual rates. Also, when you purchase health insurance through your employer, you often are not subjected to a medical exam to qualify. Therefore, group health insurance is a good choice.
Do you need health insurance? When you have health insurance, you’ll know you and your loved ones will be able to get the medical care they need when they need it. Use this information to cover you and your family. Doing your homework is key before buying a catastrophic health insurance policy. Not all policies will cover the same catastrophic circumstances, so make sure that you have the policy that covers the ares that you are most concerned about. Once you have decided, get a Health Savings Account and start making deposits to cover your deductible if the worst should happen.
Make sure that your insurance plan covers all aspects of pregnancy and childbirth before getting pregnant. This is critical because a number of medical coverage policies do not extend to certain elements involved with pregnancy and/or labor issues.
Though you may not be aware of it, adding your spouse onto your own health insurance policy at work can trigger fees if similar coverage is available at their own place of employment. Perhaps getting two separate plans through the respective employers would be more affordable, so calculate both options.