Here are tips to lower your health insurance premiums without reducing your level of coverage:
Shop for individual insurance instead of group Buying individual coverage can be considerably cheaper than group coverage. Most group plans have predetermined benefit packages with all of the "bells and whistles" included. Individual plans lets you decide on benefit designs and allow you to pick only the options you want.
Increase Your Deductible Insurance is designed for catastrophic events. Many services are covered with copayments and do not apply to your deductible. The deductible only "kicks in" during catastrophic events. So, raise your deductible and reduce your premium.
Get Healthy Most plans evaluate risk factors that indicate when higher premiums are required (smoking, weight, or existing health issues). Eliminating these factors or getting them under control will reduce premium costs. In fact, some plans are giving premium reductions for healthy lifestyles.
