By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    healthy hobbies
    The Importance of Hobbies for Our Health
    September 15, 2024
    Whiplash
    Understanding Whiplash: A Guide For Healthcare Practitioners
    January 22, 2025
    research chemicals and health care
    Chemical Research Drive Medical Breakthroughs
    June 14, 2023
    Latest News
    7 Most Common Healthcare Accreditation Programs: Which Should You Use?
    August 20, 2025
    Hospital Pest Control and the Fight Against Superbugs
    August 20, 2025
    Hygiene Beyond The Clinic: Attention To Overlooked Non-Clinical Spaces
    August 13, 2025
    5 Steps to a Promising Career as a Healthcare Administrator
    August 3, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Hospitals and Providers Using NHIN (Nationwide Health Information Network)
    March 11, 2012
    Image
    Physicians With High Productivity And Satisfaction Scores Employ Strong Patient-Centered Communication Skills
    May 7, 2013
    My Solution to the Healthcare Crisis
    March 31, 2012
    Latest News
    How Social Security Disability Shapes Access to Care and Everyday Health
    August 22, 2025
    How a DUI Lawyer Can Help When Your Future Health Feels Uncertain
    August 22, 2025
    How One Fall Can Lead to a Long Road of Medical Complications
    August 22, 2025
    How IT and Marketing Teams Can Collaborate to Protect Patient Trust
    July 17, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Here Are A Few Ways You Can Get Lower Health Insurance Premiums
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Policy & Law > Health care > Here Are A Few Ways You Can Get Lower Health Insurance Premiums
Health carePublic Health

Here Are A Few Ways You Can Get Lower Health Insurance Premiums

Annie Qureshi
Annie Qureshi
Share
5 Min Read
SHARE

  Did you know that you can shop around for quotes on health insurance just like you do when you want better car insurance? One of the primary benefits of the web is that it makes comparison shopping much easier to do. Switching private health insurance can be a great idea to get better premiums. Here are a handful of ways you can use to make the most of the dollars you spend on health insurance: 1) Quit Smoking: Health care reform made a dramatic change to the insurance industry by preventing insurers from using things like health conditions or gender for their pricing. However, they’re still free to charge smokers more money, as much as 50 percent more just for the very same plans as non-smokers. 2) Choose A Higher Deductible: Whether you enroll in an individual plan or a group option, when you pay more out of your own pocket, it’s less that you wind up paying in premiums. 3) Pick A Different Co-Insurance Ratio: The co-insurance ratio is what you would pay following your deductible. 80/20 is a very common ratio. That means that once you pay your full deductible towards your health care expenses, then your insurer would pay 80 percent of your bills, leaving you with the other 20 percent to pay for. If you change this ratio in order to pay more yourself, that means your health insurance premiums would go down. Just like raising your deductible, it’s necessary to weigh the pros and cons. 4) Use In-Network Doctors: Being happy with the doctors you currently have needs to be considered when you look into your various plan options. You’ll of course take a hard look at the costs and benefits, yet you also need to look through the plan’s provider network too. If the doctors you like aren’t plan participants, then you might be facing out-of-network charges. 5) Trade Up Your Group Health Insurance Plan: If you as well as your spouse both have employer-sponsored group health insurance plans available to you through your jobs, then figure out which one could cover you both for the lowest costs to you. In some households, group rates aren’t always the best potential value. One individual family plan might actually prove to be a cheaper option. 6) Routinely Reassess Your Health Insurance Requirements: You might be missing out on potential savings just due to having kept the same plan every year even when your circumstances changed. You need to reassess your insurance needs periodically. Things you need to consider include the following:

  • Do you have any kids who frequently see the doctor?
  • Do you use many prescription drugs?
  • Do you consider tax breaks important?
  • Are you open to the idea of assuming the costs of regular health care in exchange for getting lower premiums?

7) Petition for Workplace Health Insurance Savings:

If you get group health insurance through your place of employment, you might think that you’re only stuck with the options they roll out each year. However, employees can and do sometimes rally for getting better coverage options, particularly in smaller businesses. There might be a number of ‘optional’ benefits that get tacked on to the group health plan which actually makes the group rate go up. If you get your co-workers to agree that some particular coverage options aren’t really necessary (infertility treatment, for instance), then you might be able to convince your employer to drop those things when renewal time rolls around. Conclusion You deserve to have a health insurance plan that you can actually comfortably afford. With these simple tips, you can get closer to a plan that better first your budget.

TAGGED:health insurancehealth insurance billshealth insurance paymentshealth insurance premiumsHealthcarehealthcare paymentsmedical bills
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

travel nurse in north carolina
Balancing Speed and Scope: Choosing the Nursing Degree That Fits Your Goals
Nursing
September 1, 2025
intimacy
How to Keep Intimacy Comfortable as You Age
Relationship and Lifestyle Senior Care
September 1, 2025
engineer fitting prosthetic arm
How Social Security Disability Shapes Access to Care and Everyday Health
Health care
August 20, 2025
a woman explaining the document
How a DUI Lawyer Can Help When Your Future Health Feels Uncertain
Public Health
August 20, 2025

You Might also Like

Long Term Care Commission Report Falls Short

October 1, 2013
annual-growth-rates-national-healthcare-spending
BusinessFinanceHealth ReformPolicy & LawPublic Health

Why Did Health Spending Slow Down Before It Sped Up?

May 13, 2014
NewsPublic Health

Is Sugar Carcinogenic?

May 1, 2012
Health careWellness

Science Reveals 3 Surprising Reasons We’re Gaining Weight

October 3, 2018
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?