It Pays to Shop for Health Insurance
With all the changes in health insurance due to Affordable Care Act (ACA or Obamacare), many policy holders are likely overpaying on their health coverage.
What’s sad is your provider doesn’t want you to know this. If you haven’t shopped your health policy in the last 2-3 years, you need to. Health insurers consistently raise premiums on their customers each year. After a few years, the annual increases make the policy non-competitive with lower rates that can be found in the marketplace. Open enrollment for new health coverage begins Nov. 1st of each year. Mark this on your calendar and don’t put this off — you could be sucked into pay sky-high premiums.
Learn to compare
To start, NEVER buy health insurance without comparing discounts online first. Out of the 100’s of insurers out there, only a handful will provide large discounts in your area. But they ARE out there, and they WANT to insure you — you just need to find each other.
That’s where we come in. You can use SproutQuote.com to automatically compare insurance companies – it’s fast, it’s easy, and it’s FREE.
Savings for the middle-class?
Health insurance comparison websites are very easy to use. Customers just need to enter their zip code, and then fill out a simple and short online form. It takes less than 5 minutes, and the insurance company rates that are delivered for your side-by-side for your comparison — it couldn’t be any easier.
In the end, the smart, diligent consumer will receive the best deals. This is true when shopping for a TV, and it’s true for buying health insurance. If you’re trusting your local insurance broker for the lowest rates, you’re more than like overpaying (and subsidizing the agent’s tropical vacation).