How to avoid health insurance scams in the private market

Health Savings Accounts (HSAs) have grown in popularity over the last several years. With high deductibles and no copays, it can be difficult to determine if an HSA is the right health plan for you and your family. Many employers that offer an HSA also offer a traditional health plan alongside and allow their employees to make a decision on which plan to choose. The key is the payroll contribution required for each plan. The high deductible of an HSA can be offset by lower employee contributions.This{{/tag} helps explain it more. Individuals with expensive medical issues, Car Insurance Prices, such as cancer and diabetes, are likely to see a financial benefit with an HSA. Since the individual is going to have high medical expenses, they should enroll in an HSA since HSA contributions are tax deductible. The individual will get more bang for their buck. Individuals that have low medical expenses should also consider an HSA. HSA contributions can roll over from year to year, leaving a healthy person with a large sum of money at their disposal down the road if and when a health emergency actually does arise. A cost-benefit analysis of your health situation can help decide if an HSA is right for you.

How to apply for private healthcare insurance

Private healthcare insurance is an important thing to have, especially if you are trying to get coverage for yourself, your spouse and your children. When you are ready to look for a policy to meet your needs, you will first want to make a list of the type of coverage you want. If you have a strict budget in mind, you will also want to take this into consideration before you start looking at plans.

Today, you can find a variety of comparison tools for healthcare insurance that can help you narrow Continue reading

Is company health insurance cheaper than private insurance?

Finding the right type of insurance coverage is not always easy. In many cases, the easy solution is allowing a company to provide health insurance and paying the amount required by the company. The problem is that company options are limited and sometimes it might not be the most cost effective solution available.

The cost of health insurance is variable. In some cases, the company will offer a lower cost for coverage than a private insurance option. Others will find that the company coverage is actually higher than the options Continue reading

Advice on Finding the Right Health Insurance Policy

If you’re looking to compare rates for home and auto insurance, you can visit to compare rates from multiple providers.

However, things can be a little bit trickier when it comes to health insurance. If health insurance were cheap and easy to get, there wouldn’t be more than 40 million Americans without it. If you can’t sign on with the health insurance provided by your employer or you are self-employed, you’ll be forced to find a policy on your own.

While there is no tried-and-true way to navigate through the seemingly endless maze of providers, policies and coverage, there are ways to find an affordable healthcare plan.

One way to do this is to hire a health insurance broker, who can help you find a plan that best suits your needs. Visit the National Association of Health Underwriters website ( or Angie’s List ( to find a broker in your area.

You can also purchase a fee-for-service healthcare plan and pay the provider for each service rendered, rather than pay monthly premiums. This type of coverage allows you to choose what doctors and hospitals what you want to use, but there is a substantial out-of-pocket cost for this type of plan.

Most people, however, choose to purchase a plan from a preferred provider organization (PPO). PPOs give you a network of doctors to choose from, and if you visit a doctor on that list, your co-pay will be low.

Whatever you do, make sure you shop around, compare multiple policies, and, when in doubt, speak to an expert.

Why can’t I get out of my choices after Open Enrollment?

Remember, insurance companies are private enterprises that are strictly governed by state and national laws, and they still must find a way to underwrite policies and make a sustained profit.

Corporate employers, in concert with insurance providers, offer 1-2 month periods (usually at the end of the calandar year) for employee open enrollment. This period allows the company to gather as many potential policy holders together in a “co-op” type of insurance purchase that generally works out to be a better deal Continue reading

Should I have my companies health insurance or go with my spouses?

The choice of picking your spouse’s or the company’s health insurance comes with several advantages and disadvantages. Because of this going with one over the other is not an easy decision to make. Use these key factors as guidelines to make your decision solid.

1.Figure out which one is the better deal. Compare each premium and if there will be savings if one attaches his or herself to the other’s insurance. Other things to consider during the evaluation are the emergency-care options, in-network specialists, policy limitations and policy exemptions in both plans.

2.Take customer service experiences to heart. Continue reading

How companies arrange for group health insurance for their employees

Most people get their insurance from their employer. While there are options that allow people to purchase insurance individually, they are usually much more expensive than employee provided plans. Therefore, most companies provide health insurance to their employees as a way to attract the most qualified individuals.

The way that companies find health insurance for their employees is by contacting several health insurance providers in the state that they are based out of. These companies provide information, such as how many employees they have, what type of insurance they are seeking and what Continue reading

Things you should do now in preparation for Open Enrollment 2012

Things you should do now in preperation for Open Enrollment 2012

With the Open Enrollment soon to come for the 2012 insurance adjusters year, their are many things that you can do to help with the process. Be sure to have all information correct, gather new information for new members, and double check yourself.
When Open Enrollment comes near having your information correct saves a ton of time. Make sure all addresses, phone numbers, social security numbers, Continue reading

Why do I need Long Term Health Insurance?

Long term health insurance is normally purchased by adults who don’t want to be a burden to their children when they are no longer able to take care of themselves. It is purchased with the intent to protect their children. A long term health policy is needed to pay for assisted living, nursing homes, or even nursing care in your own home. This type of life insurance policy is needed when you find yourself disabled or not able to take care of yourself. This policy allows Continue reading

When should I buy Long Term Health Insurance?

Long-term insurance, in addition to Medical, homeowners and auto insurance can be challenging to incorporate. Especially, when considering the cost of adding additional insurance to your monthly budget. Prior to delaying the purchase of long term insurance it is important to consider the impact of life expectancy. As life expectancy increases, the need for long term care and assisted living also rises.

When considering when to purchase long-term insurance age is the primary factor. This type of insurance is often categorized as an option available only for older individuals. However, this may be the primary factor why the insurance Continue reading