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Cheap But High Quality Health Insurance In — Steps to Better Rates

Todays Date: December 11, 2018

How can any person out there get cheap medical insurance that does not put them at risk? If you must get big discounts, then you must NOT forget certain things. Following are some of such things…

1. There are established name brands in the pharmaceutical industry. You’ll increase your rates if you use big brand name drugs. But will you believe it if I told you that all generic drugs are required by law to have the exact same percentage of active ingredients as brand name drugs? The inactive agents are the only differences between generic drugs and brand names.

This simply means that what you get from brand name drugs is the same thing you get from generic drugs of similar specification. Ask your doctor about this.

2. Electronic Funds Transfer (abbreviated as EFT) is a painless way to lower your premium. By doing this you authorize an insurer to automatically withdraw your premiums from your account at specified intervals. This saves the insurance company in many ways including removing the cost of sending payment notices and the expense associated with processing checks. This is why this results in more affordable rates.

3. If in your case it’s hard to get private health insurance carrier due to a health condition you can go for COBRA insurance. Just by the way COBRA is the acronym for Consolidated Omnibus Budget Reconciliation Act of 1985.

4. You can make reasonable savings on health insurance in some states if you are a home business owner. Those states require that insurance providers offer home based businesses the same rates as they do other (bigger) businesses.

Employing just one employee qualifies a home business for such cheap rates in a number of states.

The cheery news is that the employee could be your spouse or your older child who works for you. The good thing is that such an employee does not have to be full time to qualify you.

This will give your remarkable savings since group rates are normally cheaper than individual rates.

You can find out home businesses that are qualified for group rates in your state by checking with your state’s department of insurance or its equivalent.

5. There are things that you’d do well not to see a doctor about as it only adds to your health care spend without any real benefit. Good example are viral infections like flu about which your doctor can really do nothing. Your doctor will likely do things you should have done on your own at home in a situation like that.

There is no way you can justify spending $100 for something you should have dealt with by yourself. This also applies to simple first aid treatment. If you don’t know these simple things take out time to read books on them especially if you have little children. Learning a few simple procedures and having a well-equiped first aid box will help you save much on avoidable visits to a doctor.

However, if you don’t know what to do, go ahead visit your doctor. And, even for those who do have some experience with first aid, know your limits. There are cases you’re not meant to even attempt if you are not a medical professional. Handle what you should and allow your doctor do those he/she should. If you do this right you will spend less in health insurance and as well not put yourself at any risk.

To learn more go to Individual Health Insurance Quote Online and

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