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Sunday, October 18, 2009

Healthcare Insurance -- Use These; Save Much

By Chimezirim Gabriel Odimba

How well have you done in your quest to reduce your rate? Have you limited yourself to only recommendations that your friends shared with you a years ago? Are you quite sure you've looked at all the steps there are to take to massive savings? I have many more guaranteed tips here...

1. The pharmaceutical industry has big brands. Medication that are so popular are more expensive than comparable drugs and so raise what you spend. But did you know that all generic drugs are expected by law to have the exact same percentage of active ingredients as brand name drugs? Where the differences begin and end are in their selection of inactive ingredients.

The truth then is that you only spend more when you buy an established brand name drug and do NOT enjoy anything extra in value. Ask your doctor before doing this.

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2. If you intend to save in health insurance then you have a good opportunity in a Flexible Spending Account. It's a kind of savings account where you can put tax-free dollars for your health care needs. The selling point about this account is that it permits you to roll over unused funds into the subsequent year tax free. With this account you can eventually have a substantial amount to take care of your medical needs.

3. Your co-pay can be more than your drug cost in few cases. There are instances where it will cost you less if you do not use your insurance but buy a prescription from your own account. Use the option that gives you more savings.



4. Healthy living will attract cheaper rates. For instance, your rate will be reduced with time if you avoid junk food. Cutting off fats, cholesterol and high carb from your diet will make it easier for you to maintain the ideal weight, live a healthier life and, as a consequence, attract lower rates.

You'll also help your health and rate by having daily exercise.

5. Your health insurance plan may already offer you up to two free visits to a doctor for medical check ups.

Why does this result in savings?

Since health conditions are spotted at their benign stages by doing these check ups, they are more easily treated without spending much. It is cheaper for your insurer to do this than to treat health conditions when they are malignant..

Your insurer in return gives you cheaper rates over time because you took reasonable steps to reduce their risk.

6. Quit drinking if you want affordable rates. Drinking irresponsibly makes you a bigger liability and therefore increases your rates.

You well know that a good number of health conditions can be traced to heavy drinking.

What quantity of alcohol is safe for you? Honestly, I can't say.

What I'm sure of is that avoiding alcoholic beverages completely is isn't harmful to anyone. If you cannot quit completely, drink in moderation if you want to reduce your risk to insurers.

But I'm told it is more difficult to drink in moderation than it is to stay away completely. You can get help if you really want to quit drinking. - 23211

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