Find Affordable, Low Cost Health Insurance

Monday, March 9th, 2009
Elizabeth Newberry asked:

The best way to find affordable, low cost health insurance is to have an employer-sponsored group health insurance plan. Group health insurance plans are the most affordable, low cost health insurance plans out there, aside from state-sponsored health insurance plans. If you can obtain a group health insurance plan from your employer, you will pay even less for your health insurance than you would if you purchased a group health insurance plan on your own.

Most employers have certain requirements an employee must meet before he or she can be a part of the employer-sponsored group health insurance plan. These requirements range from the number of hours the employee works, to the employee’s status, i.e., whether the employee works full-time or part-time. Employers sometimes have time requirements as well. This means the employee must be with the company for a certain amount of time before he or she is considered eligible for the employer-sponsored group health insurance plan.

Employer-sponsored group health insurance plans are usually the most affordable, low cost health insurance plans for a variety of reasons. If you have an employer-sponsored group health insurance plan, the health insurance premiums are either divided between you and your employer, or paid completely by your employer. This means one of two things:

•You are only required to pay half of the health insurance premiums plus a low cost co-payment.

•You are only required to pay an affordable co-payment.

Employer-sponsored group health insurance plans become even more affordable and low cost when you factor in your spouse and children. Rather than purchase individual health insurance policies for each of your family members, or pay out-of-pocket for health care costs, you can add your spouse and your children to your employer-sponsored group health insurance plan.

Find out if your employer offers a group health insurance plan, and ask how you can enroll in the affordable, low cost health insurance plan today.

Submitted by Jonathan

How To Get The Best Low Cost Health Insurance – Save Your Money!

Thursday, May 29th, 2008
Helen Hecker asked:

First of all you want to get fully informed. You’ll want to learn as much as you can about cheap, affordable, low cost health insurance whether it’s for you as an individual or for your family or for short-term or long-term care. Many people are completely in the dark even if they have it. Knowledge is power and the more you know about it and understand it, the more money you will save in the short and long run.

You need to learn all you can about the different types of policies that are available. You’ll want to completely research all the health provider companies that are offering low cost health insurance. You want to make sure you know what the insurance policy will pay for and as importantly, what it won’t pay for.

Make sure to check out the health insurance agent and the company he or she represents, especially locally. Figure out how you’ll be reimbursed for any doctor or emergency room visits, any prescriptions, and any other medical services.

It all seems like common sense but many consumers don’t know the facts. What you can learn with a little bit of research can save you a lot of money. Once you truly understand the health insurance coverage you’re getting you’ll be happy you did the research. If you do become sick or injured you want to know in advance what your plan actually covers.

Now on to a few of the important money-saving tips:

If possible pay your premiums on an annual basis because by doing so you can save money by paying your premium in one lump sum. Check with your agent about how much your savings would be. This can help you avoid any service fees and you could be eligible for a healthy pre-payment discount.

Move to a higher deductible. If you and your family have enjoyed good health for many years, you might think about switching to a higher deductible of $500 or $1000. By doing this you’ll notice a big reduction in premiums.

Don’t buy any insurance policies that exclude any pre-existing conditions. If at all possible, avoid policies that include clauses regarding pre-existing conditions. If you can’t find one without any waiting period, at least get a policy with no more than a six-month waiting period.

Think twice before buying any supplemental medical insurance. Many of these supplementary medical policies are not needed because the items they pay for may already be covered under an existing health insurance plan that you have. Check the limits for hospitalization and treatment on your main health policy that they are high enough and if not get health insurance quotes from other companies.

Consider enrolling in a group plan. Individual insurance can be very expensive for people who are self-employed. By joining a few small business associations, you may be able to enroll in a group health insurance plan and save a lot of money.

Finally make sure to get a lot of free health insurance quotes online. The more quotes you have the better you can compare. Make sure to compare all the features.

If you’ve already bought insurance then make sure to review your policy annually. And read the very fine print carefully to make sure your policy still matches your needs and/or the needs of your family. As the health care system constantly changes, and your circumstances change, your health insurance policy needs to reflect your needs today. These are just a few tips to help you find low cost health insurance and get the best rates.

Submitted by Terrilyn

How to get low cost health insurance?

Sunday, May 4th, 2008
Josuar C asked:

ok just graduated high school not going to college this year insurance company now wants $500 a month to cover me I said up yours so where can I get low cost or free health insurance?

Submitted by Eleni

Low Cost Health Insurance – How To Access It Now

Sunday, April 6th, 2008
Michael Kohler asked:

The average American by the age of 30 will soon begin to understand the necessity of having a health insurance policy. Depending upon the path that their life has taken, and the financial situation that they are in, having a health insurance policy may come very cheaply through their workplace or it may cost quite a bit if they are seeking and individual policy through a private provider. Here are a few ways that you can find low cost health insurance even if you are not affiliated with someone who will provide the health insurance for you or if you have a large family.

If you have ever been in a major accident and did not have health insurance coverage, this could be one of the largest nightmares that could ever be fall a human being in our modern age. I remember a friend of mine that was in the Army and decided to take his wife who was in labor at the time to the regular hospital opposed to the military one. Had he made a choice to take her to the veterans hospital, he would have had no out-of-pocket expenses. However, in a split second decision, he chose to spend what he thought would only be a $6,000 bill at the regular hospital, which turned out to be a $200,000 bill after all was said and done.

Due to the complications that occurred, his baby ended up staying in the hospital for over 30 days. This cost, along with being in intensive care and having a team of medical people looking after his child which was born early, this debt was accrued based upon a split second decision that could have saved him nearly a quarter of $1 million.

The point I am trying to make here is you never know what can happen in life especially when it comes to your house or the health of a family member. Therefore, make a quick decision to find a health-insurance provider that you can afford and do it now so that you will not suffer in a similar way that my friend did. Although he loves his family and his child very much, much financial heartache could have been averted if he had had a health-insurance policy that would have covered his misdirection at the time of his child’s birth.

Low cost health insurance is not that hard to find. There are a variety of companies that do all of the research for you and make it very easy so that you do not have to compare on your own all of the possible policies and premiums that you’ll have to pay each and every month. The trick is to find a provider that will fit your needs and your pocketbook at the same time and that is what these comparison companies will do for you.

Comparison companies are not the only choice you have to make. You must also consider who they are comparing and what exactly these companies reputations are in regard to providing health insurance for consumers nationwide. A quick check at their business record will show you if there are any complaints that have been filed and if so you will know not to do business with them. Most companies that are very large have an immaculate record and can be trusted in regard to fulfilling premiums that need to be paid to hospitals and his you make your monthly payments.

The problem with most health insurance companies is that the staggering cost of most procedures today forces them to charge higher and higher premiums as the years go on. Inflation does not stop and neither will the cost of medical procedures or the salaries that doctors receive for their jobs. Therefore, if you can find a low cost health insurance policy that will stay at a certain rate for a fixed period of time you will probably be lucky enough to find a way to maintain this health insurance policy with even the smallest amount of income and protect you and your family.

You must also consider the type of coverage that you get with a low cost health insurance policy. For instance, you may only be paying $30 a month for you and your family, but more than likely this policy does not cover office visits or any kind of prescription medication which over time can cost you thousands of dollars each year. Therefore, be sure to look at all of the possible policies and nature that you are making a wise choice in the ones that you choose to use as they could save you money in the long run if you pay just a little more in your monthly premium.

Low cost health insurance is a must find and our society where gas prices climb and incomes remained virtually the same each year. It is time to do your homework and go out there and find health insurance coverage that is right for you and affordable at the same time. With a little research, and the help of friends or even the Internet, you will be able to find a low cost health insurance policy in no time at all.

Submitted by Nerissa