Reducing the high cost of health insurance

We are all experiencing the dramatic un-explainable rate increases in our insurance premiums.

You know the reasons given to us for these increases.  Millions of people who were previously uninsured are now covered.  Medical questions are no longer asked, therefore a healthy person pays the same rate as the person with major health issues.   The healthy person’s premium was increased to match the person with major health issues.

Are there options?    Yes there are.

1.     No health insurance.  This is high risk should a medical need arise and this person is subject to the   personal responsibility tax  when filing taxes.

2.      A health plan  through your employer    ACA plan  (Affordable Care Act).

3.      A non-compliant  ACA  health plan  - at a lower premium,  with more benefits included. 

The advantages of the third option are:

a)      PPO network  you choose any Doctor, any hospital nationwide

b)    Coverage worldwide

c)     Coverage on or off the job

d)    Fixed rate up to  36 full months.  (long term savings)

e)    Guaranteed renewable  - without underwriting again

f)      Medical necessity is determined by you and your Doctor, not by the insurance company.

Disadvantages:

a)      Not all applicants are accepted due to current health issues.

b)    Applicant is subject to  Personal responsibility tax.  1%  - 2%.

There are many health insurance carriers.  There are many agents who are available and would like to sell you “their” plan.  It is to your advantage to talk with an agent who has sold various plans  with different companies.  Why?  Because from experience they have seen the benefits of each plan.  Whereas, a captive agent, selling only one product for one company has his/her best interest at heart  vs  yours.

Walter Seward

Health Insurance Agent.

http://SewardLife.com