Sometimes the health insurance solution means that less is more.

When you are shopping for health insurance, either for your family or your business, you may really save money by using two policies than one! This may surprise you, but many agents are urging their clients to consider purchasing two separate types of health policies to provide fantastic coverage for less money.

Major Medical – High Deductibles

Of course, the first policy to consider is a major medical health insurance policy. But, if you live in the US, you know that health insurance is expensive, and rates are expected to increase every year. One way to control costs, and to control the rate of increase, is by purchasing a higher deductible health plot. Many health insurance companies will offer extended price guarantees for health insurance plans with deductibles of five or ten thousand dollars. Sometimes these plans even come with prescription plans and doctor copays that kick in before the deductible is paid.

You may reckon that a 5 – 10 thousand dollar yearly deductible will not work for you. But reckon about how you can save $100’s of dollars every month on your bill. And if you have a health condition that has caused a rate-up, the savings can be considerable. You need to balance your budget vs the deductible.

Accident and Health Insurance Supplements

Next, consider a supplemental illness and accident policy to fit right under your deductible. These type of plans are usually honestly inexpensive, and provide cash in case of an accident or specified major illness. You can use this cash to help defray your deductible expenses, or provide for medical expenses that your major medical policy may not cover. You may also need the cash for extra expenses like transportation or meals out while a family member is being treated for an illness or injury.

You may be able to buy a supplemental health and accident policy as a package, or find one accident policy and one sickness policy. Sometimes health insurance comes with an association membership, and the association provides supplemental coverage for a very reasonable price!

Get Help from an Experienced Agent

Health insurance is expensive, but an experienced health insurance agent can help tailor a plot that works for your family and fits in your budget. I would suggest finding an insurance agent that represents more than one company, rather than a captive insurance agent who is highly motivated to push one type of plot! You should have an opportunity to compare different types of health insurance policies.

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