If you think you’re paying too much for your policy and want creative ways to bring down costs, then you’re reading the right article. Let’s look at a number of ways you can spend far less.
Consider an HMO if you want to spend less. An HMO will get it at a cheaper rate. They are generally more affordable than opting for traditional health insurance. With a lower cost come restrictions in the doctors, health care professionals and hospitals you can use. For those who want total freedom of choice in whom and where to get health care, a traditional plan is your only option.
For such folks, cost can be lowered if they shop extensively for affordable rates. If you shop right you will pay far less for any plan you choose.
But if lowering your cost is priority, then settle for an HMO as it’s normally more affordable than traditional health insurance.
Following are other things that will help reduce a student’s health insurance rate…
1. People with excess weight attract far higher rates than those with normal weights. There’s something known as Body Mass Index (BMI). It is used to determine a prospect’s premium.
A high Body Mass Index will always get an expensive rate all other things being equal. If your BMI rating is high it shows that your weight is too much for your height. And do not think that you will get savings only when you lose 50 pounds, just losing a few pounds will get you lower rates provided it alters your Body Mass Index rating.
2. A poor driving record can make you pay higher rates. Being convicted of traffic violation is not only bad for your auto insurance rate it also affects your rates. This is because you will become a bigger risk to your provider.
You will reduce your rates if you develop a better culture behind wheels. Sports cars and super bikes will increase your premium since they make you a bad risk. The higher probability of a crash means you could be injured and need to make a claim.
3. You’ll as well get a cheaper rate if you ensure a healthy lifestyle. For example, your rate will be reduced with time if you stop taking junk food. It’ll benefit you to stick with the right diet for you if you want a healthy life and more affordable premiums.
Similarly, you’ll be healthier and therefore have to see the doctor less if you consistently exercise up to thirty minutes daily.
Get and compare student health insurance quotes. Take out some time to visit not less than five insurance quotes sites. If you do this, you’ll increase your chances of getting the lowest quotes available for your profile and coverage needs.