You may think it's difficult to find a good deal on health insurance, but there are lots of choices available.
The main thing is to be open minded and research all your options.
If you follow these tips they can assist you in obtaining good coverage for your individual health insurance: 1.
Look for coverage through your employer If you are employed your first step should be to ascertain whether your employer provides group health insurance to all the employees, and if so learn all the details.
If you are retired, find out whether you can obtain coverage by means of the retirement plan at your company.
Group health coverage often has open enrollment so you qualify automatically and is often the least expensive option.
If you want to reduce your health insurance premiums, find out if your employer offers a high deductible insurance plan in combination with a Health Savings Account.
Often employers will even make a matching contribution to your HSA due to the significant savings on health insurance costs.
Employers might also to establish certain constraints for registration in the plan but these regulations must be applied equally to all the employees under law.
For this reason all employees that have the same employment status have an equal opportunity to obtain proper coverage.
In addition, factors such as your current health status or medical records can be never be used as a prerequisite for inclusion in the plan.
Therefore, in a health plan by means of your employer could to be your best choice if you have a preexisting condition.
One consideration however is that you might have to wait for a certain amount of time before your preexisting conditions are protected by the plan.
2.
Find other group coverage If the group coverage under the auspices of employers are not one of your options, you might be able to achieve other group coverage.
Ask if any of the groups or associations to which you belong, provide group health coverage to the members.
Large consumer organizations (retirement groups etc.
)have tremendous buying power and are often able to negotiate special rates or terms for their members.
Your local bank or credit union may also be a good place to ask about group coverage.
3.
Shop Online for individual health insurance coverage If you are unable to obtain a group policy or if you are self employed you should be able to purchase an individual coverage policy direct from a health insurer.
Individual policies can be expensive but again make sure you open up your options and consider the HDHP plans in conjunction with an HSA.
By reducing your monthly premiums and diverting that money into a Health Savings Account you can gain greater control over your health care costs.
By filling out one online form you can easily see all the best rates in your area and you will quickly see how much money you can save.
Some people will try to convince you that the HSA type plans are only good for healthy people but that is not necessarily true.
Many times you can save enough in premiums that it completely pays for the difference in the deductible.
Take some time to shop around and see for yourself, it may work great depending on your current situation.