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Health Insurance Articles from CompareHealth-Insurance.com
CompareHealth-Insurance.com offers the following articles about Health Insurance for the
benefit of visitors. The articles are from various sources and cover the subjects of Health Insurance in
general, Financial aspects of Health Insurance and Government policy effects on the Health Insurance
How To Save Money On Your Private Healthcare
With health insurance costs to rise an average 6% this year, families may struggle to find the extra $200
What options are there for people who want to save money in light of rising costs? Well there are a
- Avoid the April price increases and lock in the 2009 prices by paying your annual health insurance premium
upfront. If you pay your entire 12 months upfront you lock in the prices that period, putting off the affects
of an increase until next year (at which point you could lock in another 12 months)
Based on the average price rise across funds / products, this could equate to a saving of 5.78% over the year
(a saving of around $170 for family cover)
– Many Companies offer a discount for paying premiums by Direct Debit. Nib give a 4% discount for direct debits
paid from a cheque or savings account, ensuring that those who are not in the position to pay upfront can still
take advantage of discounts and savings.
– The average price increase is 5.78%, but some of the larger organizations have only increased their prices by
5.74%, whereas some smaller Companies have increased their premiums by a whopping 7%. Always check the level of
cover you are receiving and shop around for an even better deal. By combining this with the other tips above,
you could be saving big time!
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