Cheaper Individual Medical Insurance: Tips For Lower Rates

You'll be surprised to know that close to 20% of all U.S citizens are without health insurance of any sort. This is culled from a report by the U.S Census Bureau. It is important to stress that group health plans are the reason why the majority of these few who have health insurance can obtain it.

This becomes a big issue as this suggests that a larger number of Americans would not have health on account of the withdrawal of group health insurance by many people. This is partly due to the rising cost of health care.

This means that for most people to have any kind of health insurance, they'd have to fend for themselves. And since it will really cost so much to have individual health insurance, steps to savings on health insurance would be seriously appreciated.. Hopefully, this article will reveal time-tested saving tips on health insurance...

1. Smoking will cost you expensive individual health insurance rates. It's a well known fact that smokers are prone to various health conditions and that they also die young.

It costs health insurance companies much more to give health insurance to smokers due to the bad risk they are to them. Once you quit smoking for about twelve months tell your present insurer or reapply to some other insurer and you will see a dramatic reduction in your premium.

2. Overweight people pay far more expensive rates than people with normal weights. There is something called Body Mass Index (BMI). It is used to calculate a prospect's premium.

The higher an individual's BMI rating, the more expensive their premium will be. The more extra weight you have for your height and sex the higher your BMI rating will be. Put more effort into shedding excess weight as losing just a few pounds could put you in another BMI rating which means lower premiums.

3. It's now commonly known that smoking causes higher rates. What some might not understand is that the same also applies if you use any other form of tobacco product. Chewing or snuffing tobacco, for example will cost you in higher rates.

Therefore, for your health and cheaper individual health insurance rates, quit using any tobacco product.

4. A poor driving record can make you pay higher health insurance rates. Speeding tickets and other traffic violations can seriously add to your health insurance premium. The simple reason is that if you're such a driver, you will most likely need medical attention for crash related injuries than a very careful driver.

Improving your driving history and developing a good driving habit will lower your rates. Extra powerful automobiles like sports cars and power bikes will make you pay a more expensive health insurance premium. The simple reason remains that you raise the chances that you'll make claims soon.
Get Health Insurance Quotes, Compare Plans And Save Much Now!
Get Quick Free NO-Obligation Quotes Now And Save!