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Saturday, June 27, 2009

Do You Want A Cheap Health Insurance Plan?

By Paul Stevens

Lets face it we are in the midst of a deep recession that is really hurting yet still the price of Health Insurance continues to go up. If you are the same as most people than you will be looking to save as much money as possible with a cheap health insurance plan.

There are two major ways that you can do this. The first is by looking at the type of policy that you are currently under.

If you have an individual policy there is always the possibility of joining a group to go under a group policy. If you have a family you can change from Individual policies to a family one. The will reduce your payments.

You can also look at policies with a higher deductible, meaning you will have to pay a larger cost before the insurance company pays.

Although this will reduce the amount you pay on a monthly basis, it does carry a risk if you should require a greater level of care or treatment.

Second and probably best is to get the best deal you can find. Now whilst this sounds obvious, it's not always so easy. The prices of the same, or similar policies change quite significantly depending on which company you receive a quote from.

The trouble was was that it was extremely difficult to get all the quotes, from all the different companies, to do a proper comparison and find out which was going to be the best deal for you.

Now, there is a big difference or help in this area. There are sites that do all the collecting for you and allow you to request quotes and make a direct comparison there and then so you can find the best low cost medical insurance.

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