Compare many health insurance quotes today type your ZIP code into the FREE quote tool box on this page and get started!
Online quote tools are the newest and best way to shop for health insurance. You enter the relevant information just once and receive a variety of quotes from many different health insurance companies.
You can easily compare them to see which is the most affordable individual health insurance plan as they are all based on the same information and are mostly similar types of coverage.
How do I start comparing health plans?
Prior to requesting your quotes, it is important to do some homework. Take the time to learn about the different types of health insurance that you can get. There are several different types of coverage available, each with their own positives and negatives.
Be sure you understand the different health insurance terminology. Know the differences between PPOs, HMOs and indemnity plans.
Individual health insurance plans offer a variety of choice and making the right choice for your own needs is important.
The Insurance Information Institute can help you greatly in deciphering this terminology.
Ask yourself what type of coverage you really need and what you can do without. Healthy individuals who rarely visit doctors may opt for catastrophic health coverage without a prescription plan in order to lower their health insurance premiums. Someone who has excellent dental health may choose to go without dental coverage and simply pay for checkups as needed.
How can I save on individual health insurance plans?
Individual health insurance coverage is notoriously costly, especially when compared with group coverage. However, if group coverage is not an option for you, individual health insurance is an ideal way to provide you with peace of mind. However, take the time needed to learn the necessary information before making your choices.
Because health insurance is all about risk, your rate will be determined by how much of a risk you present to the insurer. To improve your chances of a good rate, commit to improving your health. Lose weight if you need to, quit smoking, avoid any high risk sports or activities that increase your likelihood for injuries.
The choices you make in your coverage can also help you keep your costs down. Find out how much it costs to carry a policy with a higher deductible and out of pocket limits.
Compare various plans from the same insurer to find the right one. By assuming more of the financial risk yourself, you can help to lower the cost of your annual premiums.
Why are there differences among insurers?
Each health insurance company has its own set of unique underwriting guidelines. These guidelines are mostly based on the following factors:
- Health history
- Family history
- Lifestyle habits
However, each company weighs these factors somewhat differently. This accounts for the discrepancies in premium cost between insurers.
Companies themselves differ in a variety of ways. If a company is financially strong and it has sufficient clients, the price it quotes will likely be higher than a company that may be struggling and is desperate for customers. For this reason it is important to check out an insurance company’s financial state before taking out an individual health insurance plan with them.
Look for the ranking of health insurance companies from one of the major ratings agencies, like A.M. Best, for any insurance company you are considering doing business with. Ideally an A or better rating is what you want in your individual health insurance company. That way you can be more confident of its present and future economic stability.
Health insurance companies each have their own health insurance plans. It is practically impossible to compare such plans at a glance. Look carefully at the fine print of all individual health policies you are comparing in order to be sure you are getting what you want and not getting things you don’t need. Be wary of exclusions, waiting periods and limits.
Because there is no standard for health insurance plans, taking care when shopping around for them is very important. Not only can you save on the cost of the plan, it can help you get the very best plan to fit your individual needs.
When you are ready for health insurance quotes, just type your ZIP code into the FREE quote tool!