If you’re like most consumers you probably on a glide path to start contemplating the purchase of health insurance when you’re much older then your current age. In www cbdpost us, studies show that many people don’t even consider health insurance until after they are married or have children. Although it may seem unnecessary, the best time to start thinking about health insurance is while you are young and still relatively healthy. The fact is, the longer you wait to obtain health insurance the higher probability that you will end up paying a higher insurance rate or premium assuming you are still healthy enough to qualify for health insurance.
Research shows that when compared side by side a person in their twenties or thirties will be able to obtain a larger health insurance policy at a cheaper rate then a person who is fifty or older. Good health and habits also play a large role in determining your health insurance coverage and overall associated costs. Someone who is healthy, doesn’t smoke and avoids excessive use of alcohol and stays away from drugs will also enjoy the same benefits of a larger policy value with a lower cost when compared to someone who is out of shape, in bad health and with lifestyle habits that are truly bad for their body, mind and health.
Sadly, some consumers are under the misconception that they can get by without telling their potential health insurance provider negative aspects dealing with their health in order to qualify for better rates and coverage amounts. Unfortunately what those same folks fail to realize is that normally most health insurance companies and providers require a medical pre-screening or physical before they actually provide health insurance coverage. Typically, this medical screening combined with a thorough look over a person’s previous medical records identifies any current health ailments that exist with the potential insurance client and as a result the health insurance coverage amounts and rates are adjusted accordingly.
If you exam the economics side of health insurance you will see that the health insurance companies want to insure you while you are in your best possible health. For this it means more money taken in from the premiums you pay and less money paid out based on your lack of needing to receive regular medical care outside of routine appointments, checkups and of course, medical emergencies. Health insurance companies have gotten so good at this that they have three different types of coverage rates or premiums they classify consumers into based on their health. Those categories are standard, preferred and preferred plus. The preferred plus premium is for folks that are non-smokers and in excellent health continuing on down to the standard premium for consumers with minor health issues and who may have previously smoked but are no longer active in that habit.