|
Why Dont Insurance Companies Reward Us for Being Healthy? Insurance is always a gamble, a bet actually. You are betting that you'll eventually get sick or hurt. And your insurance company is betting that you'll stay healthy. If you stay healthy your whole life, but still pay into insurance, that's great for the insurance company. Actually, it's great for you too, because you got to be healthy for your whole life. But you still lost the bet. So an insurance company is never going to reward you for being healthy. That's not the terms of the bet. But here's a secret. You can reward yourself. Here's how. Open a Health Savings Account (HSA). Put as much money as you can into it. Tell your insurance company that you want to raise the deductible on your insurance policy as high as it will go. The deductible is the amount you have to pay before the insurance finally kicks in. Now » Discuss it » Continue Reading »
» Submit a comment or contribute to this article
Read More Articles, They Are Related to This Topic:;
What Is Consumer-driven Healthcare?
Consumer-driven healthcare is a label that we've put on a movement in America to change the way decisions are made in our healthcare system. ... Read more »
Apply Online For Temporary Health Insurance
There are times when you'll find yourself temporarily without health insurance. You may be between jobs, just starting a new job or a student who is... Read more »
Health Insurance 101 For Individuals And Families
The changing healthcare and health insurance landscape in the United States has resulted in more individuals and families purchasing health insurance... Read more »
Self Employed Health Insurance - Tips For Getting Cheap Health Insurance When Youre Self Employed
If you're self-employed and facing high health insurance bills, there are a number of things you can do to make your health insurance premiums... Read more »
Medical Bankrupticies: What You Can Do To Protect Yourself
First the bad news: about 2,000,000 personal bankruptcies each year are caused by unexpected medical expenses. Of all those people, 1,500,000 have... Read more »
| 
