Health insurance is critical. You can indeed live perfectly without one because we live in a country with a robust public health system. But it is also true that this health system goes as far as it goes: It is slow, and treatment is not always as good as it could be. Therefore, having health insurance can be a brilliant decision. Today, we bring you the best tips for finding cheap health insurance.
And is that, believe it or not, health insurance is not something for the rich. Health insurance is available to anyone who wants to have one. Of course, with more significant the limitations, the less you pay. But this is normal. The point is that you can have health insurance even if your budget is tight (which is very positive). Do you dare to see it? Let’s go!
Compare prices
The first tip when finding cheap health insurance is, of course, to shop around. This, which seems evident in any other field, in the area of health insurance, must be remembered because people believe that this type of service has little room to vary prices and that all brands will charge more or less the same… And it is not like that!
Each insurer has different margins (which allows them to have different prices), and each has exclusive offers and discounts based on many aspects and factors. So, it is worth doing an in-depth review of the options available to choose wisely. If you compare, you can find the best prices.
Keep in mind the copay.
Health insurance has an effortless operation: The more copay you assume, the cheaper the policy will be. The less copay you think, the more expensive the policy will be. What is the copay? What you pay out of pocket when you resort to insurance services. It makes sense. They charge you a lower monthly payment if you spend a lot on the service.
And what interests you more? A high copay or a low copay? It depends. A low copay may interest you if you are elderly or in frail health, and it is what will come out most to you. On the other hand, if you are healthy, you are young, and you do not go to the doctor much, it is better to choose a high copay and have a meager monthly payment on your insurance.
Choose the type of medical chart.
The medical chart modality is generally cheaper than the expense reimbursement modality, so it is recommended to hire this modality. This may have nuances and exceptions, but, as a general rule, it is the best decision for most of the population. So that is what we recommend.
Hire what you need
Insurance policies can be as extensive as desired. However, the more extensive they are and the more things they cover, the more expensive they will be, of course. That is why it is best to hire only what is expected to be needed. It can be complicated to make this provision, but it is worth spending time doing it to get the best protection at the lowest price.
Include your family
Another way to significantly reduce the cost of health insurance is to include your entire family in it. Let’s be clear: Insurance is a profitable business as long as many people are involved in the insurance. So, the insurance companies are interested in registering you and your whole family. Of course, you will pay more, but overall, you will end up paying less than if you signed up for each member separately. So, it should be done.
Do not expect too much.
A widespread mistake is to wait until there is a health problem or until you are of a certain age to sign up for health insurance. This is a severe error. Insurance rewards the long term and people who have been with them long enough and who have not resorted to the service only when the risk of assuming a cost for the insurance is very high.
He thinks insurers are businesses, so they will not take risks unnecessarily. And, if they assume them, they will charge you for it. So it is preferable to sign up for insurance when you are young and healthy so that, years later, when you need it, the insurance will be very cheap (in addition to, of course, being covered during your youth too… Because you never know!) knows what can happen!).
Pay the premium annually.
Installment payments, whether monthly or quarterly, represent a cost for insurers. In addition, having money in the long term (a year ahead) allows insurers to improve their calculations and make their business model much more efficient. We are not going to go into econometrics and statistics (which is what the operation of insurers is based on), but it is so.
And, it is logical that insurers offer better conditions to those who decide to pay annually instead of month by month or quarterly. Therefore, we recommend that you make your payments annually to reduce the price considerably. It will not cost you anything (as long as you are a bit farsighted), but it will be cheaper, and the insurer will be more sustainable.
As you can see, finding cheap health insurance is relatively easy. We hope that these tricks and tips will help you find yours and that you can significantly improve your health care thanks to this type of product. We assure you that the difference is noticeable… You will always be treated with much more care and attention in private service!