Cheap Health Insurance: How to Comparison Shop

Apr 20

08:42

2011

Carla Jiroux Kaplan

For many people, their health coverage is one of their biggest expenses that they pay for each month. Now for most people it doesn't cost as much as their mortgage payment or rent, but it is a huge expense and one that you really want, even need, to get the best price possible for.

You can absolutely call around to get the best deal on your plan and try to compare the various plans available. Another option is to use the services of an insurance broker, who can do the shopping for you. Both will help you find cheap health insurance that fits your needs and that you can afford.

Now, finding cheap health insurance isn't just about shopping around to get the best deal, but rather also about knowing a great deal when you see one. You have to know what you are looking for, though. Many people think that they want to find the absolute lowest numbers possible next to the words copay and premium. This is generally true, but as you will find out very quickly, if you haven't already, when the copay goes down, the premium generally goes up. You are probably never going to find a plan that has a $10 copay and a $50/month premium! Instead of looking at it from that way, you need to look at how you use insurance to find the best deal. Generally, the more often you go to the doctor, the lower you want the copay to be. You may want to take a look back at the number of doctor's visits you had over the last year to see how much the copay would cost you for a certain plan over the course of a year.

There are other aspects to cheap health insurance to consider. For one, you will want to compare the various plans and make sure that the medications you are on, if you are on regular meds, are covered by the insurance and that they are available for a low copay amount as well. You also want to make sure that your regular doctor near your home or office is on the plan. You don't want to have to switch doctors or be forced to drive thirty miles away every time you get sick to see a doctor on the plan.

When you look at all of these various things with an insurance plan, you will find that it isn't easy to shop for cheap health insurance. Yet because the cost of the insurance as well as copays for meds, doctors visits and so forth can cost so much over the course of a year, you want to make sure you have all of your bases covered.

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