quotes have more to do with a client's expectations than agent's greed.

Many clients are starting their own business after years in a corporate environment, and they were used to a group plan that covered almost any medical service with very small copays. Many clients are just not aware how much their old company contributed to a comprehensive plan like that, and when they quote invididual health they get sticker shock!

The thing is, individual health quote is usually cheaper than a group plan for the same person or family! That is because a company can underwrite every person on the plan, and are not locked into a contract to take everybody.

I am the first one to admit that health takes a big bite out of a budget, but by trimming some services and keeping others, I can tailor a very satisfactory health plan at a very budget friendly price.

If your family does not visit the doctor more than a couple of times a year, I would start by asking my clients to consider eliminating a doctor's copay. If you pay a $30 copay for a $100 doctor's visit, then you have saved $70. However, the copay feature of an policy often adds 25% to a health premium! For a family of four, that could mean you are paying $100 or more to save $70! In addition, most health plans enroll you in a network, so your $100 doctor's bill may be reduced by 40 - 60% even without the copay.

Another consideration is your deductible. You probably cannot afford the $500 deductible that your old group plan had, but by raising that to $1500 - $2500, you will notice a sharp decline in your monthly health bill! If possible, try to save some of the diffence in case you do have a major hospital bill.

But even if you can only afford a $5,000 hospital deductible, and you really don't have 5K to spare, you really shouldn't be concerned. The card establishes your ability to pay to the hospital, and you won't be asked to write a check before service. You will be sent a bill, and can work out a payment plan after your health issue is resolved. When you balance the liklihood of a hospital stay against saving hundreds of dollars every month, most families will come out ahead with a higher deductible.

Accident plans and critical illness can be low cost forms of coverage that will help you trim bills if you do have a major health issue.

I think it is more important to make certain that your health policy is comprehensive, and will cover expensive medical services, rather than worrying about a larger deductible. Before you purchase a policy for your family, find out how it will handle cancer treatments, organ transplants, and out of town emergencies!

Remember, you are buying health to protect your health and assets in case of a very serious illness, and not to cover a $12 bottle of antibiotics. If minor viruses were the only health issue we risked, nobody would worry about health at all!

Article Source: Articles Beyond Better

Mar is a licensed agent. Read the 24/7 QuoteUS Blog for more buying tips. Free Quotes Online

Here are some more insurance articles...