| Finding affordable high risk medical insurance is almost | | | | An HSA is a tax-free savings account with the special |
| as difficult these days as finding a needle in a | | | | feature that you can only use it to pay medical |
| proverbial haystack. However, whether you are looking | | | | expenses. Attached to the account is a low-cost |
| for affordable traditional medical insurance or you're | | | | super-high-deductible health insurance policy. The policy |
| thinking about opening a Health Savings Account | | | | will have a deductible for an individual of around $1,100 |
| (HSA), there are steps you can take that will lower | | | | and a deductible of approximately $2,200 for a family. |
| your monthly premium. | | | | These affordable policies are not designed to pay for |
| Paying your premiums automatically from your bank | | | | your routine medical needs during the year (you pay |
| account will save you money. | | | | for those out of your tax-free savings account). What |
| Not smoking or using chew will save you a lot of | | | | these policies are is a safety-net in the event that you |
| money. You know as well as anyone that you can't be | | | | suffer a catastrophic medical event or accident that |
| serious about wanting to save money on health | | | | creates humongous medical bills. |
| insurance if you are going to continue smoking or using | | | | You can get more information about HSAs through |
| chew. | | | | your local bank or credit union, insurance companies |
| Unfortunately the same thing applies to being | | | | and even from your employer. |
| overweight. Insurance companies use your Body Mass | | | | For those who are interested in simply finding the best |
| Index (BMI) to help determine how much to charge you | | | | rate for a traditional medical insurance policy, your best |
| every month for your insurance. The higher your BMI | | | | bet - by far - is to look online. You will find no end to |
| the more you're going to pay. Losing even a little | | | | the number of websites that are designed to let you |
| weight can make a difference in how much you pay | | | | compare prices for health insurance from several |
| every month. Remember, every pound counts! | | | | different insurance companies. The only thing you need |
| If you regularly participate in an extreme sport or if you | | | | to be aware of is that no one site compares all |
| have a dangerous hobby you can count on paying | | | | insurance companies. |
| more for your health insurance. Similarly, if you drive a | | | | Therefore, if you are deadly serious about finding the |
| fast sports car or a muscle car you may find yourself | | | | very lowest price for your health insurance then you |
| paying more for your health insurance. | | | | must take the extra time to fill out the form on a |
| If you are willing to increase your co-payment to 50% | | | | minimum of 3 different price comparison sites. |
| you can save money on your premium every month. | | | | But that's all you really need to do. Just use the |
| Depending on how often you see your doctor in a | | | | information you learned in this article and fill out the |
| normal year this could turn out to be a big savings. | | | | form on 3 different price comparison websites. Make |
| On a similar note, increasing your deductible will also | | | | certain that you answer the questions the same way |
| decrease your monthly premium. | | | | on all three forms so you are comparing the same |
| Increasing your deductible to the max is what the most | | | | policy - then simply pick the very best price you find. |
| affordable - but potentially most high risk - medical | | | | This is the most affordable high risk medical insurance |
| insurance is all about. It's called a Health Savings | | | | that you will find in your state. Congratulations! |
| Account, or HSA. | | | | |