Affordable Individual Health Insurance -- Be Sure To Understand This

Are you positive you really want lower individual health insurance rates? If your answer is "Yes" you must do all within your power to learn as many steps as there are to cheaper rates. I've got enough tips to help most people make savings of over 50% on insurance...

1. There are popular name brands in the pharmaceutical sector. You'll increase your spend if you buy big brand name drugs. For those who don't know, the law requires that all drugs must have the same active agents notwithstanding if they are brand names or generic. The inactive agents are the only dissimilarities between generic drugs and brand names.

This simply suggests that what you receive in brand name drugs is also what you get from generic drugs of the same specification. Discuss with your doctor before doing this.

2. A straightforward but smart way of reducing your individual health insurance rate is by authorizing an EFT (Electronic Funds Transfer). This simply means your insurance provider withdraws your premiums automatically from your account at specified periods without sending you payment notices. This brings down administrative costs like those involved in sending payment notices. Your rate is therefore lowered to reflect the cheaper cost of providing insurance to you.

3. For folks who have a pre-existing condition that makes it tough or costlier for them to enjoy private individual health care coverage, the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) insurance could give a cheaper option.

4. A Flexible Spending Account is invaluable as you look for ways to save. You can put away tax-free dollars to take care of your health needs. Any amount unused could be rolled over into the next year (still tax free). This gives you a tax free method of building large reserves of funds to cater for your future health needs.

5. The greater number of individual health insurance plans include approximately two free medical check ups.

Why do check-ups lead to savings?

It it leads to considerable savings because the cost of dealing with ailments in their benign stages is much less than treating full blown diseases. It is cheaper for your insurer to do this than to treat ailments when they are malignant.

Get Health Insurance Quotes, Compare Plans And Save Much Now!
Get Quick Free NO-Obligation Quotes Now And Save!