Affordable Health Care Insurance - More Companies are Providing Ways to Save
Saturday, February 24th, 2007It s not easy to say affordable and health care insurance in the same sentence. They don t seem to peacefully co-exist. The relative simplicity of purchasing health insurance has all but vanished. That doesn t mean that the insurance buying public is out of options. Insurance plans are more complicated now. There are more deductibles. There are PPO S and HMO S. There are medically underwritten plans and some companies even have income based plans. There are more coinsurance combinations and varying amounts of co-pays for physician services. It sounds like the insurance companies have made things more difficult but in reality they have provided options to reduce costs.
The out of pocket expenses are increasing for the health insurance buyer. Self-insuring is what makes affordable health care insurance become a reality. There is no better way to reduce premium costs than by using higher deductibles. We used to purchase health insurance with a $100 deductible. The insurance company was on the hook imm (more...)
