6 Ways to Get a Cheaper Health Insurance Quote

No matter what your age, it is important to have health insurance. Getting hurt in an accident or developing a chronic illness can result in astronomical medical bills. Having health insurance can help make these costs more affordable. However, you do not want to pay too much for your health insurance premiums either.

Here are a few tips for getting a cheaper health insurance quote.

Stop Smoking

If you currently smoke tobacco, you may find that you pay more for your health insurance premiums than non-smokers. This is because smokers are more likely to develop chronic health conditions, such as lung cancer and heart disease. If you quit the habit, your health insurance company may see you as less of a risk and lower your monthly premiums.

Raise Your Deductible

If your employer does not provide health coverage, you may have to pay for your insurance out of your own pocket. This can get very expensive. In this situation, you should think about raising your deductible to lower your monthly premiums. Keep in mind that preventative care will still typically be free.

Reevaluate Your Health Insurance Needs Periodically

Your health insurance needs may change throughout your life, so reassess them on a regular basis. You may be able to lower your premiums that way. For instance, if you do not take any prescription drugs, your insurance company may reduce your premiums.

Choose In-Network Doctors

Before you decide to go to a new doctor, make sure that he or she is in your insurance plan's network. Otherwise, you could have to pay out-of-network charges.

Select a Plan That Pairs With a Health Savings Account

A health savings account is an account you use to cover healthcare expenses, such as surgery and rehabilitation therapy. If you pair this account with your health insurance plan, you can have a higher deductible and lower premiums. Additionally, you will save money on your taxes.

Enlist the Help of a Health Insurance Broker

Navigating the health insurance marketplace can be quite overwhelming. If you hire a health insurance broker, however, the process will become easier. He or she has extensive knowledge of all the different healthcare plans available and can help you select one that fits your budget.

Health insurance does not have to break your bank account. If you follow these helpful tips, you can lower your health insurance costs and get a break in your budget.