Tag Archives: Affordable
How To Get Affordable Health Insurance In Maryland
How To Get Affordable Health Insurance In Maryland
The cost of health insurance is going up faster than the cost of almost anything else in this country. Over the past few years the cost of health insurance has surpassed the cost of inflation by several percentage points.
It has gotten so bad that right now almost 17% of all Maryland residents are without health insurance coverage of any kind, and with more and more businesses phasing out health insurance or requiring a larger contribution from their employees, the number of uninsured people in Maryland is likely to grow before it shrinks.
If you can get health insurance through your employer you will almost certainly save over trying to buy health insurance individually on your own. But if you are self employed or if your employer does not offer group health insurance then you may need to be a little creative in finding ways to lower the cost of your monthly health insurance premium.
Look at plans that have a higher co-pay for things like doctor’s visits. The co-pay is the amount that you pay from your own pocket each time you visit a doctor; the more you can pay for each visit (and so the less your insurance company needs to pay) the lower your monthly premiums will be.
Many people may have to take even more drastic steps in their quest to get affordable health insurance in Maryland. Many people may have to completely rethink their entire concept about health care coverage.
In the past health insurance has been looked on as something that pays (or helps to pay) for all of your health care needs – each doctor’s visit, each clinic visit, each hospital or ER visit, in short, you expected your health insurance to pay for most, if not all, of virtually all of your health care costs.
Today many people are finding that kind of health care beyond their means – yet they know that one accident or one catastrophic illness can easily wipe out a lifetime of savings and even take their home, all in the blink of an eye.
The answer for many is to buy health insurance that has an extremely high deductible. As high as ,000 or even ,000. You buy such a policy with the expectation that you will pay for all of your routine health care needs – you will pay 100% of every doctor’s office visit, every clinic visit and every ER visit.
The purpose of a high-deductible health insurance policy is to act as a safety net in case you should suffer a catastrophic illness or need long-term hospitalization due to accident or illness. In such cases your high-deductible insurance would insure that your savings and your assets were left intact.
Once you’ve decided on the basic type of policy that you and your family need, your final step is to get online and find several of the sites that permit you to make quick and easy side-by-side comparisons of health insurance policies and their prices from different insurance companies. Even though it means taking extra time, you are much better off filling out all of the forms on at least 3 different websites – it is only in this way that you can be assured that you will actually be comparing all of the health insurance companies offering policies in Maryland.
Thanks to the internet everyone can now make simple comparisons and know that they have gotten the most affordable health care possible in Maryland.
Discover Affordable Health Insurance
Discover Affordable Health Insurance
If you’re seriously interested in knowing about health insurance, you need to think beyond the basics. This informative article takes a closer look at things you need to know about health insurance.
Affordable health insurance – it seems, particularly today, those words just don’t belong together in the same sentence. Health insurance monthly premiums are becoming the biggest single expense in our lives – surpassing even mortgage payments. In fact, if you have any permanent health problems, such as diabetes, or have had cancer at one time in your family history, your monthly cost could easily be more than the house and car payment combined.
Shopping for affordable health insurance can certainly be an eye-opener. If you have always had a health insurance benefit where you work – especially a state or federal employee – and now have to buy your own, you may not be able to afford the level of health insurance coverage you have become used to.
Affordable health insurance, however, is definitely available -if you know how and where to look.
When you are looking for affordable health insurance, you want the lowest cost per year that will fit your budget, of course. But, even more importantly, you want a company that has a good record for paying without fighting with you on every detail. Just as there is a car for just about any budget, there is also affordable health insurance. You may not be able to afford a “Cadillac” policy – but then you probably don’t need all the frills anyway.
Shopping for health insurance on the internet is the easiest and best way to find affordable health insurance. Here are five reasons why.
Sometimes the most important aspects of a subject are not immediately obvious. Keep reading to get the complete picture.
1. You don’t need a local agent to help you submit the claims for health insurance. The medical provider does it for you. You save money because the health insurance company saves money by not paying the agent commission. This could amount to an 8% to 12% savings to you.
2. All the top health insurance companies are at your fingertips on the internet. Most local agents can only quote you from the few companies that they represent. They may not offer you what is best for you financially or health-wise but only what they happen to have available.
3. Health insurance companies have to be extremely competitive because it is so quick and easy to compare them with their competitors on the internet today. In the past you would have had to visit physically eight to ten agents to do a similar comparison. Most folks just didn’t have the time or desire for that.
4. You can change your coverage, deductibles, and payment options with just a few clicks rather than going through the paperwork delay with a local agent (and then finding out he/she made a mistake – more delay).
5. Charging to a credit card means you aren’t going to forget a payment and be without insurance. Also, it gives you another 30 days before you actually have to pay. Also, many companies today give an additional discount for “auto-pay”.
The key, however, to finding affordable health insurance is realizing that the purpose of any health insurance is to protect you from a major financial loss – not to protect you from spending small money on clinic visits and sliver removal. These small expenses may be cumbersome but they generally will not hurt you. It’s the 0,000 heart operation that will break you. That’s the financial disaster health insurance was originally designed to prevent.
Also, keep this in mind. Health insurance, as with any insurance, is a gamble. You are gambling that you will draw out more than you pay in. Your health insurance company is gambling they will pay out less. The odds are in their favor for two reasons. They have all the facts for millions of families to average out, so they know the risk in advance. Also, they get to set the rules and the prices. The higher you set your deductible, the more risk you take. This is not a bad thing at all. You will most likely be the winner in the long run.
Yes, finding affordable health insurance is much easier than most people think.
By adding more of the risk with higher deductibles, spending a little time on the internet comparing eight to ten different companies, and deleting coverage that you will not likely need (such as maternity for many people) will make it likely for you to find your own affordable health insurance.
This article’s coverage of the information is as complete as it can be today. But you should always leave open the possibility that future research could uncover new facts.
Affordable Life Insurance!
Affordable Life Insurance!
So, you’ve decided to purchase life insurance. Well then, you have made a good decision! If you have dependents, you know that you must provide for them long after you are gone. Buying life insurance shouldn’t be a budget buster either. Take a look at the following options which can help you save big time!
Shop Online: There are several companies that will give you free life insurance quotes right online. By entering your personal information, the amount of insurance coverage desired, and policy terms, you will receive within moments sufficient quote information. Naturally, you will want to talk to an agent at some point, but at least you will get a very good ballpark figure to consider. Some good sites for you to visit include: Insure.com; SelectQuote.com; ReliaQuote.com, IntelliQuote.com; and InsWeb.com. There are many others, so do some comparison shopping.
Types of Life Insurance: There are four types of life insurance plans from which you can choose: Term Life, Whole Life, Universal Life, and Variable Universal Life.
Term Life is the most affordable as it lets you lock in a fixed rate for the length of the policy [typically 10 or 20 years], but it does not have any cash accumulation. So, the only way it pays is if you die!
Whole Life offers policy holders lifetime coverage, guaranteed level premiums, tax-deferred accumulation of cash values. In other words you can borrow off the policy if you need the cash.
Universal Life offers policy holders Lifetime coverage, flexible premiums and death benefits, tax-deferred accumulation of cash values. Rates are adjustable.
Variable Universal Life offers lifetime coverage, flexible premiums and death benefits, tax-deferred accumulation of cash values, a selection of investment options. Rates are adjustable.
Contact an Agent: Once you have determined which type of insurance is best for you and your family, contact an agent for further guidance. If you received an acceptable life insurance quote online, follow through with it to allow an agent to contact you personally. This person will go over your policy and discuss with you the various types of companies offering coverage. If you are satisfied and want to proceed further, the agent will order a comprehensive medical exam that can be done in the convenience of your home or office at no charge to you! About four to six weeks later the results will be in and if all goes well, coverage will begin almost immediately thereafter. At no point are you obligated to accept coverage until you sign a contract.
More Savings: Do you want to save even more money? Pay the premium all at once. Monthly or quarterly payments usually carry a surcharge. By paying the entire premium in advance you can save around 5%.
Providing for family members after your death is one of the most important reasons to include life insurance as part of your financial planning. You can receive your free life insurance quote by shopping online today; don’t delay!
(c)2005; Matthew C Keegan, LLC
How to Find Affordable Health Insurance
How to Find Affordable Health Insurance
Affordable health insurance – it seems, especially today, those words just don’t belong together in the same sentence. Health insurance monthly premiums have become the biggest single expense in our lives – surpassing even mortgage payments. In fact, if you have any permanent health problems, such as diabetes, or have had cancer at one time in your family history, your monthly cost could easily be more than the house and car payment combined.
Shopping for affordable health insurance can certainly be an eye-opener. If you have always had a health insurance benefit where you work – especially a state or federal employee – and now have to buy your own, you may not be able to afford the level of health insurance coverage you have become used to.
Affordable health insurance, however, is definitely available -if you know how and where to look.
When you are looking for affordable health insurance, you want the lowest cost per year that will fit your budget, of course. But, even more importantly, you want a company that has a good record for paying without fighting with you on every detail. Just as there is a car for just about any budget, there is also affordable health insurance. You may not be able to afford a “Cadillac” policy – but then you probably don’t need all the frills anyway.
Shopping for health insurance on the internet is the easiest and best way to find affordable health insurance. Here are five reasons why.
1. You don’t need a local agent to help you submit the claims for health insurance. The medical provider does it for you. You save money because the health insurance company saves money by not paying the agent commission. This could amount to an 8% to 12% savings to you.
2. All the top health insurance companies are at your fingertips on the internet. Most local agents can only quote you from the few companies that they represent. They may not offer you what is best for you financially or health-wise but only what they happen to have available.
3. Health insurance companies have to be extremely competitive because it is so quick and easy to compare them with their competitors on the internet today. In the past you would have had to visit physically eight to ten agents to do a similar comparison. Most folks just didn’t have the time or desire for that.
4. You can change your coverage, deductibles, and payment options with just a few clicks rather than going through the paperwork delay with a local agent (and then finding out he/she made a mistake – more delay).
5. Charging to a credit card means you aren’t going to forget a payment and be without insurance. Also, it gives you another 30 days before you actually have to pay. Also, many companies today give an additional discount for “auto-pay”.
The key, however, to finding affordable health insurance is realizing that the purpose of any health insurance is to protect you from a major financial loss – not to protect you from spending small money on clinic visits and sliver removal. These small expenses may be cumbersome but they generally will not hurt you. It’s the 0,000 heart operation that will break you. That’s the financial disaster health insurance was originally designed to prevent.
Also, keep this in mind. Health insurance, as with any insurance, is a gamble. You are gambling that you will draw out more than you pay in. Your health insurance company is gambling they will pay out less. The odds are in their favor for two reasons. They have all the facts for millions of families to average out, so they know the risk in advance. Also, they get to set the rules and the prices. The higher you set your deductible, the more risk you take. This is not a bad thing at all. You will most likely be the winner in the long run.
Yes, finding affordable health insurance is much easier than most people think.
Taking more of the risk with higher deductibles, spending a little time on the internet comparing eight to ten different companies, and deleting coverage that you will not likely need (such as maternity for many folks) will make it very possible to find your own affordable health insurance.
Affordable Home Owner Insurance – Don’t Lose Hope!
Affordable Home Owner Insurance – Don’t Lose Hope!
Generally, purchasing home owner insurance is not a requirement. Because of this, many people opt not to purchase home owner insurance. Why spend money on something that you are not required to have and may not ever need?
Because the time might come that you need it. Luckily, there are ways to find affordable home owner insurance.
Compare the coverage and rates of several insurance companies before deciding on one that’s right for you. You don’t want to be sucked in by a company that promises but doesn’t deliver, only to find that you’ve wasted time and money. You should also consider buying from the same company that you already purchase another kind of insurance from. Some insurance companies offer both home and auto insurance and you can usually save money by purchasing both from the same company. Also, if you remain a loyal customer for several years, some insurance companies will offer you special discounts. Ask about these and other discounts.
Many insurance companies will base the price of home owner insurance on the home owner’s credit history. Your credit history isn’t something you can change, but you can make efforts to improve it. Many people find they are able to get affordable home owner insurance if they make some changes to their homes. For example, if you live in a high risk area for floods, storms, or crime, you may consider investing in a new roof, stronger windows, and a reliable security system.
You shouldn’t include the land your home sits on in your policy, as it’s very rarely damaged to the degree that a house is, and since the value of certain properties included in your policy tends to change over time, and by reviewing your policy you could prevent paying more than you need to.
Unfortunately, nothing is free, including any type of insurance; however, you can take steps to increase your odds of finding affordable home owner insurance.
Affordable Car Insurance – It All Depends On You
Affordable Car Insurance – It All Depends On You
Affordable car insurance is difficult to find these days. But if you are patient and diligent enough to scour the horizon for that perfect car insurance, you might just be lucky enough to find one.
You will have to do your homework though: canvassing, weighing the options, considering how much premium you can afford to pay and how protected you want to be.
Once you have decided which among the offers you have considered is most responsive to your needs and capability to pay, then that should be what is “affordable” for you. Remember that the term is relative. Thus, an affordable car insurance is only so, based on what you are able and willing to shell out and risk.
Affordable Car Insurance – Weighing the Options
The spirit behind insuring is to buy protection even before you need it. Insurance should give you peace of mind (and this commodity does not come cheap most of the time) so that when you need help, you are assured to get it. Car insurance is required in 47 states. This gives you an idea how important it really is.
Laws vary across the country as to how much protection you should get. It is wise to check your state’s minimum requirements. Then if you can afford, you might want to consider optional coverage for extra protection.
You have to consider several factors when deciding which affordable car insurance you want to get. Know that your driving records affect the premium insurance companies will offer you.
If your car is equipped with better, more sophisticated security and safety features, that can also affect the worth of your policy. Of course, the most important consideration is how much you are willing to pay. You will be able to determine this if you read at the fine print, so to speak, of the policies you are being offered.
The insurance packages you will most likely find vary in the protection they offer from mere liability, to collision and on to comprehensive. There are even policies that include medical expenses in case you get hurt in an accident, and help with your car in case an uninsured or underinsured motorist causes the damage.
Affordable Car Insurance – Making the final decision
It is ideal that you get comprehensive coverage for your car insurance. After all, if you want protection, why not go for the most complete? There are comprehensive insurance policies out there that will not bust your pocket. Again, you should be patient and should know where to look.
There are also some insurance companies that offer discount packages if you get both your home and car insurance from them. If you have more than one car to your name, look out also for multi-car discounts.
Do not forget the real reason why you are looking for an affordable car insurance – to save money. But if you are too keen on penny pinching without giving due consideration to what might happen if you are under-insured, you are needlessly putting yourself in a financial risk. Again, an affordable car insurance is only so, based on what you are able and willing to shell out and risk.