Archive for December, 2011
Ways To Qualify For A Cheap Healthcare Insurance Plan
A study confirms that less than two out of every ten Americans Have Health Insurance coverage of any class. This report can be relieable because it was issued from the American Census Bureau. It is vital to stress that Group Health Plans are the reason why the majority of these people who Have Health Insurance can afford it.
This is a big issue as this means that many Americans might not have health on account of the withdrawal of group health insurance by many employers. This is partly a fall-out of the rising cost of health care.
The only way left for the majority who would want to have a health insurance coverage would be to buy Individual Health Insurance. And, it will be an advantage for such individuals if they can find ways of lowering such health insurance cost remarkably.. let us see time-tested steps to bring down your premium or qualify for affordable Health Insurance Quotes…
Smoking will cost you very high rates. It is a sure fact that smokers are vulnerable to various health conditions and that they also die young.
It costs Health Insurance Carriers much more to give health insurance to smokers on account of their high risk. If you can stop smoking you will get rates that are dramatically more affordable when you reapply after twelve months.
People with excess weight get a lot more in rates than those with normal weights. An insured’s Body Mass Index (BMI) is an important factor that affects how much you pay as rate.
The higher a person’s Body Mass Index rating, the more expensive their premium will be. The more extra weight you have for your height and sex the higher your Body Mass Index rating will be. Now do not wait until when you can lose thirty pounds since losing as little as 5 pounds can drop you into a lower Body Mass Index rating which leads to lower rates.
It is now clearly known that smoking will attract higher rates. What people might not understand is that the same also applies if you use any other type of tobacco product. People who snuff or chew tobacco will also get higher rates than those who don’t
So for your wellbeing and lower rates, quit using any tobacco product.
Paying your premium yearly will result in lower rates than opting for monthly payments. The ads may show that monthly payments are convenient but what you don’t know is how much more you pay for this.
If you do transactions with banks you will agree with me that each check you process is considered deal which attracts charges. While a yearly payment attracts a single check and therefore a transaction per year, monthly payments attract twelve. This means that you will pay transaction fees twelve times.
There are also administrative costs to your insurer that result just from taking monthly payments. For example, it costs some money to send payment notices monthly.
These and more are then added to your premium thus making it higher than if you paid every year.