Easy Steps On How To Get Cheap Health Insurance Rates

Do not approach health insurance with fear. It is true the field is complex and your options are many, but the more you learn, the safer you will feel. Health insurance is similar to healthcare itself. An ounce of prevention is worth a pound of cure. By making smart choices when you select health insurance, you can avoid difficulties in the future.

Research different types of health plans, and decide on the one that best fits your needs. Select either a POS, PPO or HMO. Each offers their own unique benefits and shortcomings which must be considered before choosing which you want to go with. If it is a concern, check if you are going to be able to keep your current doctors.

Take advantage of the no-commitment period. If you aren’t pleased with the health insurance company, you can get a full refund within a certain time period. If you find that the insurance policy that you are trying out is not quite suited to your needs, or if you are unsatisfied with it for any reason, you will be able to obtain a refund for it if canceled in the prescribed time frame.

Make sure the doctors and medical facilities you routinely use recognize the insurance you are considering before you sign up with the plan. You can easily check to see if your doctor is listed by checking the insurance provider’s website.

Health Insurance

Health insurance can be dramatically cheaper if you purchase it through a group plan. This is why employers can often offer their workers cheaper health insurance premiums. The best way to circumvent this is to join an industry group which offers its members insurance at a discounted group rate.

Don’t wait until you need your health insurance to find out what expenses your policy covers. The smart way to search for health insurance is to arm yourself with knowledge about how it works, what you should look for, and what you should avoid. It’s also important to be cognizant of all the options available. Not having an ironclad policy is simply a bad choice. Luckily, it is a choice that can be easily corrected.

Is it Time to Check Your Medigap Rate?

Is it Time to Check Your Medigap Rate?

Is it time for Medigap quotesA client recently contacted me because she felt like the insurance company from which she was purchasing her Texas Medicare supplemental insurance was no longer competitive.  Her rates, like most, had gone up.  But one thing she had failed to do when she first purchased her Texas Medigap plan was to really shop around.  Unfortunately, when a person is turning 65 they get inundated with such a large amount of information about Medicare and Medicare insurance that many just block it all out and go with what they know.  They often stick with an insurance company with which they are familiar and purchase from them. Sticking with the familiar is often the easiest course of action. When you already feel confident in a company you can throw all that mail in the trash.  That is what this lady from Texas had done, until she became aware that she was paying too much for her insurance.

She sent me an email asking about the differences in Medicare supplement Plan F and Plan G and for some quotes.  I explained that the only difference in the two plans is who pays the Medicare Part B deductible.  With Medigap Plan F, the insurance company pays and with Plan G you do.  If Plan G saves you more than the deductible costs, and you don’t mind paying the deductible yourself (some people don’t want to mess with it), then Medigap Plan G is the better deal.  I sent her some quotes, and she found what she was looking for.  She picked out a Texas Medicare supplement plan from Continental Life that saved her $536.00!  She had the exact same coverage that she had before, but a lot more money left in her pocket.

Perhaps it is time for you to get some Medigap quotes and find yourself some savings. If you do request insurance quotes, always use a single independent insurance agent or agency.  They are not limited to selling Texas Medicare supplement insurance from one company, so you are much more likely to get unbiased information.  Good luck and hope find some savings.