1.
You might not be enjoying some concessions you qualify for with your current insurer just because you do not know.
Since agents too are human they might not remember to tell you about some discounts you are qualified for.
The only way to be sure this is not true in your case is by taking the time to ask your agent to list out all discount that your insurance provider offers.
You might get a very pleasant surprise! 2.
An outstanding credit rating will show favorably on your health insurance rate.
A poor credit record will cost you in higher health insurance rates.
It is normal for insurance carriers to assume that a person who misses credit card payments will likely miss payments of health insurance premiums.
This means more risk to them and more expensive premiums for you.
3.
Affordable health insurance: Staying loyal to one insurer for any period will actually lead to savings.
Using the same insurer for at least 3 years will get you special discounts from many insurance companies.
The more the years you have been loyal to an insurer the more discounts you can get.
However, you can gain more by switching...
If your health insurance premium is $2,500 and you get a 5 percent discount when you maintain a policy with them for about five years you'll pay $2,500 - (5% of $2,500 or $125) = $2,375.
But because of the high cost of health care and inflation, insurers may have to make adjustments in their rates to reflect those changes.
But if you do routine shopping for health insurance you will almost always get an insurance carrier within those years of waiting who will give you a similar coverage for less.
Then it would be anything but wisdom to stay put because you want to become eligible for a discount down the road even if the expected discount is less than savings you'll get now if you change to another insurer.
And, in nearly all cases, most folks will actually pay cheaper rates than they are presently on health insurance if they do extensive shopping.
In order to know if you're not losing better offers, obtain and compare health insurance quotes from up to five insurance quotes sites.