RichDayHealthPlans Blog

Advice on how to buy health insurance intelligently.

Cheap health insurance is still available it has not gone the way of the nickel soda or the 10 cent candy bar. As with anything in life, information is power (you have to know where to look) and a little bit of hard work will go a long way (albeit a little bit of smarts along with hard work will go even farther).

So, let’s get down to it. Here are 3 things to do now (estimated time: 15 minutes) that if you actually do them could end up saving you $50, $100, or even more every month on you health insurance bill. If you would care to save $600, $1,200, or more over the next 12 months and use that money to go out to eat or go on vacation rather than giving it away to a large insurance company in extra premiums then start your 15 minute timer!

1. Evaluate your plan deductible carefully. It must be a high deductible. You should NOT expect to reach your deductible except once in every 10-years.
2. Find an insurance company that sells Health Savings Account type plans, called High Deductible Health Plans.
3. Make sure you understand the plan. Your agent should be able to answer all your questions. Go ahead and switch to that plan and save money each month.