HealthCompare Publishes Tips on Getting Cheap Health Insurance for Consumers

Online, August 11, 2011 (Newswire.com) - Health insurance quotes comparison website HealthCompare has published a list of cheap health insurance tips to help consumers understand their affordable health insurance options.

HealthCompare has a long tradition of helping consumers find the most appropriate health insurance options for their budget, lifestyle and current medical care needs. From the HealthCompare website:

"We take the time upfront to learn about you. Your needs, your budget, and your medical history come first. Once we've gotten to know you, we research and present only those personalized health insurance quotes that best match your specific needs."

Tips on Cheap Health Insurance

Cheap health insurance can make the difference between health care costs completely bankrupting you and keeping them at a level that you can afford to pay off. Even though budgets are stretched during these tough financial times, it's important to make room in your spending plan for at least a cheap health insurance policy to keep a bad situation from turning into a disaster.

The following are some tips to getting cheap health insurance:

Find out if you can get on somebody else's plan. If you are a young adult under age 26 you might be able to be included on your parent's plan as a cheap health insurance option. Some companies also offer coverage to domestic partners of their employees.

While true love and commitment are the only reasons to get married, cheap health insurance has provided more than one couple with the push to tie the knot sooner rather than later.

Does your state offer you cheap health insurance options? If you are eligible, some state sponsored plans are completely free or on a sliding scale. Unfortunately, eligibility requirements are often very stringent and it might be impossible to get as an adult. If you have children, however, it could be easier to get coverage for them which might make getting a cheap health insurance plan easier for yourself or your spouse. It's free to ask so don't neglect to visit your state's official website to see what they have to offer.

Consider a high deductible plan. Often called catastrophic insurance, these cheap health insurance plans come with a mighty hefty deductible but the premiums can be much less than one hundred dollars a month for an individual. Think that's useless? A cheap health insurance plan won't cover everything but it's much better than being on the hook for a bill in the tens or hundreds of thousands of dollars!

Look for group rate insurance. If you're a member of a professional organization or other group, you might be eligible for cheap health insurance through the magic of group bargaining. Unfortunately, not all plans really qualify as cheap and you'll need to read the details carefully to make sure you are getting a deal.

Be aware of imitators. While shopping for cheap health insurance you'll probably come across offers for medical discount plans. These plans might seem like medical insurance but really they are more like purchasing a coupon book for health care. Some plans are useful, but read the fine print and be sure to check with the BBB before you write a check.

Cheap health insurance is out there, so don't go without.