Buying Individual Health Insurance Tips

 everybody I'm here today to talk to you a little bit about buying individual health insurance little bit of my background in the former financial advisor and health and life and disability insurance agents so I have some specialized knowledge on the subject and also I am a consumer who has bought individual health insurance for because I am self employed entrepreneur and I don't think I've had enough group health plan for you no longer than three or four months in my life so having said that she want to go to a couple of things that new year in her before and hopefully you'll find some helpful tips from this and basically just one of them about what you really should be looking for when you look at health insurance policy because there is not there are not many ways to save a ton of money on health expenses insurance but there are some ways to waste money through health insurance and I said because basically lets let's be honest here the insurance companies just like any other company out there in 30 minutes to make money and they're not in it take the hand out anything so if you have a pre-existing condition for example for your smoker or some kind of you have some kind of expense
insurance company find out about your premiums going to be higher and you know if your going into the insurance trying to you know especially the non-group Lynn trying to save some money on you know what's a prescription drugs for pre-existing condition prosthetics are you know something that they know they're going to have to pay for your just going to get a premium you're not you know it's never going to make sense of the long run they know that they're going to make money so my suggestion for people who want to save the most money in the whole should go with that for now is to use his insurance plans as the back of the first emergency okay you slip on ice and you break your leg and did you know the surgery is $25,000 Boone you have health insurance or you need to go to the hospital for some odd reason he's calling ambulance and you and you know if you don't want to get stuck with a $500 bill great to have insurance for things that are not to have insurance for our schedule check-ups you know things were the insurance company is going to know how much how often you're going to go there their and they're going to do that into you or your premium if you went to the doctor twice a year and your copay was $20 then you would really be spending $40 a year for copays however if you are spending an extra you know two or $300 a year on insurance premiums just keep those co-pays low then it dont make sense to pay or low copay insurance premium you know if your monthly bill but how you know it or not really the thing that the price the thing that heights of the price the most is really like the added benefits if you follow the policy you get 20 visits to a psychiatrist for year ending to a seventy-five-percent then also and the co insurance so​ you know if your gonna pay little extra month was so for example you know you could get a deductible of $10,000 or $5,000 and it will lower your monthly a lot but if you don't have five or ten thousand dollars or access to the money you're never going to be able to cash in on insurance claim and if you have let's say a Supercenter 30% co-insurance then you get an expensive operation and you're going to be a year round up in the hospital for not really getting good care so it's it's really important that you know you strike a balance between what your monthly premiums what you can afford your monthly premiums and you know what you can afford if there is there was an emergency I personally like to find something with maybe it's good for me and you are to go with your insurance in case there's like you don't big accident something like that I've a hundred thousand dollar surgery or some kind of transplant then I'm not going to be paying for 30 20 percent of of whatever the bill is now obviously is going to raise my premium little bit but I don't need all the bells and whistles I don't need you don't return to chair obviously you know if these are things that you need the need to build a miniature policy and you will have to pay higher premiums and you will have to pay higher premiums if you're you know if your over if your overseer Neiger the older you get out if your if your a smoker you going to take more expensive premium if you have a pre-existing condition you don't have to take more expensive premium that's why it's really important if you do have any of those factors to get into a group health plan you can get that through a number of different sources if you want to universities check out of state if you join the number of different social groups know that you know if air P you know if you're in the military you could probably get a group plan their ways to get group plans out there and that takes the average and everybody's risk and pulled it together so that you will be lower now if your 21 very healthy non smoker no pre-existing conditions then it doesn't plan if they're not if your work is not supplementary to go outside and check to see if you can get a low rates which is better for you know if a company that were actually subsidizing my insurance at all so that it made sense for me to go outside at group plan and and get a lower rate at​ you know if your gonna pay little extra month was so for example you know you could get a deductible of $10,000 or $5,000 and it will lower your monthly a lot but if you don't have five or ten thousand dollars or access to the money you're never going to be able to cash in on insurance claim and if you have let's say a Supercenter 30% co-insurance then you get an expensive operation and you're going to be a year round up in the hospital for not really getting good care so it's it's really important that you know you strike a balance between what your monthly premiums what you can afford your monthly premiums and you know what you can afford if there is there was an emergency I personally like to find something with maybe it's good for me and you are to go with your insurance in case there's like you don't big accident something like that I've a hundred thousand dollar surgery or some kind of transplant then I'm not going to be paying for 30 20 percent of of whatever the bill is now obviously is going to raise my premium little bit but I don't need all the bells and whistles I don't need you don't return to chair obviously you know if these are things that you need the need to build a miniature policy and you will have to pay higher premiums and you will have to pay higher premiums if you're you know if your over if your overseer Neiger the older you get out if your if your a smoker you going to take more expensive premium if you have a pre-existing condition you don't have to take more expensive premium that's why it's really important if you do have any of those factors to get into a group health plan you can get that through a number of different sources if you want to universities check out of state if you join the number of different social groups know that you know if air P you know if you're in the military you could probably get a group plan their ways to get group plans out there and that takes the average and everybody's risk and pulled it together so that you will be lower now if your 21 very healthy non smoker no pre-existing conditions then it doesn't plan if they're not if your work is not supplementary to go outside and check to see if you can get a low rates which is better for you know if a company that were actually subsidizing my insurance at all so that it made sense for me to go outside at group plan and and get a lower rate at​