Ways to Cut your Health Insurance Costs

It seems like health insurance costs keeps increasing every year. Health insurance for college students and new graduates is important even if you think you can survive without it.

Saving Money on Health Insurance

When comparing health insurance policies, please remember to check the coverage offered, not just the premiums. You don’t want to be uncovered for a major illness because you have a horrible policy.

Buy the best health insurance you can afford. It can be a huge benefit if you get ill or are in an accident.

Tips on Cutting Your Health Care Expenses

• Don’t be a smoker: This habit can cut your life short and it has been linked to other health problems. This in turn leads to higher costs.
• Exercise regularly: Try being active 3x a week for at least 20 minutes. You may also want to consider participating in an amateur sports league to get yourself committed to a routine.
• Watch what you eat: Obesity can increase your chances of diabetes, heart disease, and joint problems.
• Get a hobby: Hobbies can reduce the stress that you feel. That in turn can help your mental health and enrich your life.
• Go for generic drugs when possible: Some drugs are available in generic form at less than half the cost.
• Do routine exams: It’s better to catch something early than to wait until it develops into something worse.
• Try health clinics: If you’re pinching pennies, this could be a good option. With my health insurance, I pay $30 a month for birth control pills. By going to the university health clinic, I pay $40 for 3 months’ supply. I save $240/year just by doing that.

Please talk to your doctor before you go on a diet or change medications. It’s amazing how much health insurances charge even if you’re in good health.

Try to maintain a healthy lifestyle and it’ll reap dividends beyond money saved.

Photo credit: NessieNoodle

• Pet Care | Ways to Save Our Cat's Situation Our cat has been sick for over the past month. He has started to have accidents on the carpet which is bad enough, but we also noticed his urine was a reddish orange. Worried, we called our regular vet office and scheduled an appointment. He was diagnosed......
• Budget Case: Full-time Student Working Part-Time   I’m continuing on the Rich College Student Series. After yesterday’s post, Jorge made a valid observation:Under ideal circumstances (you do get financial aid as in Part 1), this is a very smart idea. My opinion, however, is that it’s too much of an ideal situation. Quite a few college......

• How To Save Money On Prescription Drugs Paying for prescription medication is expensive even for those with health insurance plans that help off set the cost. As more and more Americans struggle with unemployment and depleted savings accounts, paying for high cost prescriptions is becoming more difficult. Unfortunately many people with health conditions have taken dangerous risks......
• Budgeting for Insurance Many people believe that they are forced to pay whatever it is that their insurance company is telling them to pay. This method of thinking may be true across the board when it comes to insurance policies like health insurance, auto insurance, home insurance and life insurance, but there is......