Creative Way to Save Money on Health Insurance

Health Insurance: Less is More!

You may not think that two health insurance policies can be better and cheaper than one, but give me a chance to explain. Sometimes 2 policies can be cheaper than one, and they can also provide very comprehensive coverage.

Medical Plans with a High Deductible

We all know that major medical premiums are expensive. But sometimes we can find a plan with a fairly high deductible. It will cost less, and will usuallly be easier to be accepted for. In fact, some insurers will even offer longer price guarantees with a higher deductible plan. And if it is important to you, you may be able to find one with an RX plan and doctor’s office copay.

Now, a five or ten thousand dollar deductible may seem steep, but consider saving a few hundred dollars a month in premium. Also consider the fact that many insurance companies will not underwrite, or evaluate risk, as strictly on a higher deductible policy. If you, or somebody in your family or small business has a health condition, a higher deductible health plan may be your best option!

Health/Accident Supplemental Health Insurance

Next, consider a supplemental illness and accident policy to fit right under your deductible. These type of plans are usually fairly inexpensive, and provide cash in case of an accident or specified major illness. You can use this cash to help defray your deductible expenses, or provide for medical expenses that your major medical policy may not cover. You may also need the cash for extra expenses like transportation or meals out while a family member is being treated for an illness or injury.

You may find a package of sickness and accident protection, or you may need 2 different policies. You may also be able to buy this coverage from the same insurer who provides your basic health plan.

Look for more help from a qualified agent.

Health insurance is expensive, but an experienced health insurance agent can help tailor a plan that works for your family and fits in your budget. I would suggest finding an insurance agent that represents more than one company, rather than a captive insurance agent who is highly motivated to push one type of plan! You should have an opportunity to compare different types of health insurance policies.

Get more information here – US Insurance Reviews. We want to help you find the top health insurance for your family. Don’t reprint this exact article. Instead, reprint a free unique content version of this same article.

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