Can You Afford Health Insurance ?

How To Afford Health Care

Bear with me. This article is a little complex. I do have a lot of experience with this topic, but since my audience is diverse, I have to answer the question for different types of people. I will assume that most people who are reading this are from the millions of Americans who lack group medical benefits. Some of you may have a group health plan at work, and that is usually your best option. However, I do understand that these days, that some employers expect the employees to kick in a large share of that too.

If you enjoyed this post, make sure you subscribe to my RSS feed!

I am back with another article about insurance, but that is because I have some background in the subject. And even though the economy is all the news, people are still having problems finding affordable health insurance to cover their families in case of a major illness or accident. This is especially true for self employed people, or those with a job that does not provide health benefits. However, even people who are lucky enough to get health insurance from their jobs find that premiums are increasing, and their coverage limits are plunging, which all means these people have to carry a higher burden when they seek medical services.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Can You Pinch Pennies On Health Insurance?

Well, if you live in the US, and need to obtain an individual health insurance policy, it make seem impossible to find cheep health insurance. In fact, this website calls it cheep health insurance! But we actually have some very valid tips. First, look at the deductible. Raising the deductible is one of the surest ways to reduce the premium. The difference between a $1k yearly deductible and a $5k deductible can be hundreds of dollars a year. An HSA account, which allows you to earn interest in a savings account that can be used to meet the deductble and copays, and which also has tax advantages, can be a great step towards frugal health insurance!

If you enjoyed this post, make sure you subscribe to my RSS feed!