Health Insurance is defined as insurance to protect your health if any health program occurs in unforeseen future. It normally pays for medical expenses. It is sometimes used more broadly to include insurance covering disability or long-term nursing or custodial care needs. It may be provided through a government-sponsored social insurance program but only basic coverage, or from private insurance companies. It is wise to purchase comprehensive health insurance policy addition to your government coverages. A health insurance policy is a contract between an insurer and an individual or a group, in which the insurer agrees to provide specified health insurance at an agreed-upon price the premium.
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Looking For Low Cost Health Insurance? Follow These 3 Tips
By Rick Swanson 
Even though the economy continues to struggle, it seems as though prices for most things continue to rise. Families everywhere are working harder and harder to make their dollars stretch. Unfortunately, one of the most important things of all, health insurance, is no different. Even healthy people are seeing their premiums rise for no apparent reason, so what can you do to get the very best rates possible? Well, in this short article we'll give you few helpful pointers to help you get low rates and keep them that way.
Tip #1 - Don't buy too much coverage. One of the biggest mistakes people make when buying coverage is getting benefits that they don't use. For example, a single man shouldn't be carrying maternity coverage. Other things that you may be paying for but not realize it include acupuncture or chiropractic care. Of course, if you want to make use of these things, that's fine but otherwise exclude them. By doing so, this will add up to some significant savings to you over the long run.
Tip #2 - Raise your deductible. In case you didn't know, the deductible is the amount of money you have to pay yourself until the insurance company begins paying. The higher your deductible is, the less the insurance company has to pay. Therefore, they give you the benefit of doing this by lowering your monthly premiums. Remember that raising your deductible can lower your premiums but if you don't have the money saved up to pay the deductible when you make a claim then raising your deductible becomes pointless.
Tip #3 -Consider paying cash at your physician's office. When you pay cash at the doctor's office, you save them money since they don't have to pay fees to credit card companies and when paying cash, you can sometimes get a cash discount. However, the way this impacts insurance has nothing to do with saving your doctor money. Rather, when you pay cash, you don't make a claim against your policy. Therefore, the likelihood is high that your premiums will be lower in the future since part of the calculation behind your rates is how often you use your insurance.
We hope that these brief tips have given you some ideas about ways that you can save some real money on your health insurance. Even though it may take a little effort on your part it will be well worth it since it can pay big dividends for a long time to come!
Rick enjoys writing articles on a wide variety of topics and interests. His newest interest is lower back pain and treatment. So come visit his latest website that discusses back relief products such as lumbar support pillows and back support pillows that can help to provide relief and comfort for those struggling with lower back issues.
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