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Wednesday, March 18, 2009

Cheap Medical Insurance -- Ways To Pay Less

By Chimezirim Odimba

You can enjoy high quality coverage without breaking the bank. You just need the right information and the determination to practice what you'll learn to start enjoying a cheaper rate. Let's get into the tips you need to attract cheaper rates...

Joining a Preferred Provider Organization (PPO) is another way you can reduce your cost. It is more expensive than an HMO and also gives you more choices.

It's yours to check the value you will get with what you'll save to determine if you prefer it to regular health insurance. If saving is your main aim than more choices then make use of a PPO.

You can reduce your rates by not drinking alcoholic beverages. Drinking increases your health risk.

You are aware that many health conditions can be traced to heavy drinking.

What quantity of alcohol is safe for you? I can't advise you on that since I'm not specialised on such issues.

What I do know is that avoiding alcoholics completely is isn't harmful to anyone. If you can't stay away totally, drink responsibly if you want to reduce your risk.

It is just that for most people drinking in moderation is even more tasking than staying away completely. You can get help if you really want to stop drinking.

The use of banned drugs will raise your costs. Abusing drugs also will make you spend more in health insurance. In addition, stop self-medication for both its grave implications and the fact that it will make you pay much higher rates.

Go for free clinics if you intend to reduce your rate. These will either bring down your co-payments or premium as a whole. Such free clinics will take care of simple things like giving you with medical advice, blood pressure checks and much more. Clinics like these are normally some form of community service.

Buying your prescriptions online is a sure way to bring down your health care spend. You can also get affordable prices if you buy by phone. Drugs are cheaper online because the cost of doing business is remarkably lower with the internet. But if you've choosen to buy online do all within your power to find out a little about whom you are buying from because there are wolves on the internet. Just go to BBB online and you'll know if you should buy from an exact company. While we want to lower our health care rates we also need to ensure that we safeguard our health and our lives. Checking with BBB online and other such services will put you on the safe side while you buy at cheaper rates online.

If you plan to save in health insurance then you have a good opportunity in a Flexible Spending Account. You can keep tax-free dollars to cater for your health needs. Any amount unused could be rolled over into the subsequent year (still tax free). With this account you can eventually have a reasonable amount to take care of your health care needs.

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