Cheap Medical Health Insurance Can Be Found Selecting the Coverage Your Need

Cheap Medical Health Insurance Can Be Found Selecting the Coverage Your Need

With the way health care costs keep rising, cheap medical health insurance sounds like an oxymoron. There are millions of Americans who are uninsured due to its cost. Most of the people that do have health coverage either get it from their employer or their spouse’s employer, who often pays a significant portion of the costs. Instead of paying a hefty monthly premium, many families are deciding to go without coverage at all. Often times, cheap medical health insurance don’t provide adequate coverage to make its purchase worthwhile. With changes in the health care system looming, you may want to start research different health care options soon.

The health care reform bill

Lately, a major item in the news has been the health care reform bill that was just passed. By 2014, every US citizen will have access to government-subsidized cheap medical health insurance. This means the unemployed and self-employed will be able to get coverage at rates cheaper than previously available. However, the bill also states that it is mandatory that everyone carries medical insurance or face an annual fine. This can be a problem for those already struggling to meet their current financial obligations. Adding an additional bill or a fine can wreak havoc on their budget. Now, we are left with the choice of enrolling in a government insurance plan or try to find a cheap medical health insurance plan on our own.

Cheap medical insurance plans

Contrary to what many think, cheap medical health insurance plans can be found. To be able to find such a plan, we need to be realistic. A cheap plan won’t cover every medical condition and service. Services such as cosmetic surgery or even chiropractic care probably won’t be covered. In order to find the least expensive plan, we need to …

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Cheap Health Insurance – 5 Tips For Saving Money

Cheap Health Insurance - 5 Tips For Saving Money

If you are in the cheap health insurance market, you are lucky. There are many ways to find affordable health insurance policies as long as you can take the time to look and see what is available. Here are five tips to help you save money on your health insurance, although some may be easier than others:

1. Shop around

There are so many different companies offering insurance and you owe it to yourself to compare your options and see what is available. As a general rule, you need to have 3-5 different offers from different companies to find the best offer for insurance and make sure you don’t miss something.

2. NEVER buy the first policy you find

It doesn’t matter how good a deal you get, because you can’t know that it’s the cheapest deal unless you cross it and investigate other options. If the first policy ends up being the cheapest, you will at least know there is nothing better out there.

3. Use employer-sponsored health services when you can

Even if you need to buy additional insurance, it will be cheaper than buying an overall health insurance policy of your own accord. Many employers don’t offer employee protection but many do, and you need to check to see if it’s cheaper than a personal plan and how good the coverage is.

4. Reduce your policy

Most people who buy insurance are too insured. You might not think that there is such a thing as too much insurance, but there is. You need to make sure you have enough coverage, but also that you don’t pay for coverage that you don’t need.

5. Consider a high deductible package and a combination of health savings accounts.

While it might not seem like a cheaper way to get health …

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