Health reform was signed in to law in 2010 and it meant to make health care affordable and more accessible to more Americans. Many provisions are meant not to start until year 2014. Current provisions have made health care plans more affordable and expanded coverage for preventative care. Here are five ways that you can save money on your health insurance today.
Second look at getting a health plan with higher deductible. Most health plans today offer a high deductible for major accident or illness and small copay for services that might be used more frequently. Most health plans with high deductible still cover you before you meet the deductible for doctor office visits, preventative care (physical exams, yearly check ups) and prescriptions. If you have a preexisting medical condition and would like to lower your monthly premium this might one of your best options. Since insurance companies usually let you increase your deductible without going through medical underwriting.
Third since health care reform there has been some changes made to coverage. In some cases you can get exactly the same health plan that you have not through your insurance company for less. If you have been insured with same insurance company since March 2010 then check if they have the same health plans that you have now. Then find out if you are going to save money by switching to a new health plan.
Forth, when shopping for private health insurance make sure to consider a health plan with the benefits that you need. A recent survey showed that average individual health insurance customer save $77 a month when they selected health insurance plan without maternity coverage. Excluding benefit like maternity, which is not necessary for a single male, you may see significant savings in your monthly premium. Going uninsured or limiting your benefits might be a better choice then not having anything at all.