May 25, 2013
Looking for ways to reduce healthcare costs? Start saving in just six minutes! For over 16 years, NetQuote has connected visitors with the largest network of national and local insurance agents from the nation's top health insurance companies. Just tell us about your individual health insurance needs, and we'll make sure you multiple quotes on medical insurance that's right for you.
Healthcare and health insurance costs are on the rise - it takes just a few minutes to learn what you need and get health insurance quotes. You'll be able to understand health insurance better when you use our resources and read our articles.
When you get your multiple health insurance quotes, how do you compare quotes to find the best insurance policy for you? Do you decide on the less expensive health insurance policy or more complete coverage? Let NetQuote help you choose your health insurance.
How to Save Money on a Healthcare Plan
Saving money on medical insurance begins with you. You have to know the state of your own health and that of all of your family members. This will help you determine what kind of coverage you need and how much you are willing to spend. Do you have doctors already that know you and any conditions you may be dealing with? That can determine what kind of plan you go with. Most medical policies fall into a PPO (preferred provider organization) or an HMO (health maintenance organization). A PPO tends to have higher premiums because it provides a broader network of providers. If you are not attached to a specific doctor, you can save money with an HMO, though you won’t be able to branch out of your network.
If the majority of your medical care usually involves seeing your doctor once for a yearly checkup because you are young and healthy, you may be able to save on your premiums by raising your deductible. This will lower your premium, but does mean a larger out-of-pocket expense if you need unexpected medical care.
You can also save money if there are certain services you feel you don’t need coverage for. Not everyone needs maternity coverage and those brand name prescription drugs are often a lot more expensive than their generic alternative.
Where You Shouldn’t Cut Costs
If you are planning on having children in the near future, maternity coverage is one type of coverage you don’t want to cut, even if it’s not an immediate consideration. Why? Because once you are already pregnant, it will be much harder to get a company to cover you and you’ll end up footing the bill yourself. While it may save you money in the short run, accidents do happen, and hospital bills add up into the thousands very fast. This is one cost you don’t want to cut. There are affordable medical plans out there.
See how much you could save today on your health insurance. Get your free health insurance quotes today!