http://moneyning.com/money-tips/most-affordable-health-insurance-may-not-be-the-cheapest/ A personal finance blog where we share insights on carefully saving money, investing, early retirement, mortgages, stocks because the little things matter in achieving financial freedom! Sat, 21 Nov 2009 02:16:11 -0800 http://wordpress.org/?v=2.8.6 hourly 1 http://moneyning.com/money-tips/most-affordable-health-insurance-may-not-be-the-cheapest/comment-page-1/#comment-17224 cheap insurance Mon, 06 Jul 2009 17:56:15 +0000 http://moneyning.com/?p=3292#comment-17224 Apart from the co pay, there are other aspects you need to pay attention to. For instance, what is the deductible you have to pay before your cover kicks in? A deductible is a particular amount you have to pay to the carrier before the cover starts. You should also consider the monthly premium and, most importantly, whether the covers are relevant to your needs. It is no use having an ‘affordable’ cover that does not pay for your medical needs when you need it. There are other things to consider when you are looking for affordability. You should consider getting a Health Savings Account plan that will save your tax dollars. You can also consider state plans like Medicaid and Medicare. The thing is, you should consider the relevance of the cover you are getting at the price you can afford to pay. Apart from the co pay, there are other aspects you need to pay attention to. For instance, what is the deductible you have to pay before your cover kicks in? A deductible is a particular amount you have to pay to the carrier before the cover starts. You should also consider the monthly premium and, most importantly, whether the covers are relevant to your needs. It is no use having an ‘affordable’ cover that does not pay for your medical needs when you need it.
There are other things to consider when you are looking for affordability. You should consider getting a Health Savings Account plan that will save your tax dollars. You can also consider state plans like Medicaid and Medicare. The thing is, you should consider the relevance of the cover you are getting at the price you can afford to pay.

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