How do you get low health insurance rates?


Quick Answer

Some ways to get low health insurance rates are to shop around using resources such as the Kaiser Family Foundation's health insurance marketplace calculator, use tax credits when applicable (not everyone will qualify) and by choosing a plan that has a high deductible. It will be necessary for people to know how many dependents they have and to know their annual income before shopping for different health insurance rates.

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How do you get low health insurance rates?
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Full Answer

The Kaiser Family Foundation health insurance marketplace calculator is a great way to determine which health insurance companies offer the best rates for a person's individual situation. It provides many pricing options via different companies in the state where the health care applicant lives.

Tax credits are typically applicable for single people who make between $11,670 and $46,680 a year and for families of four with incomes between $23,850 to $95,400 a year. However, these qualifications are always changing and it is best to check the rules and regulations about coverage.

Choosing a plan with a high deductible is one way to get a lower health insurance plan; however, it also means that if the person is injured then he or she will have to pay more before being able to use the health insurance. This is a riskier approach to lower health insurance, but it is an option for those who do not currently take prescriptions and visit the doctor frequently.

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