Follow on Google News News By Tag * Florida Health Insurance * Tips * Savings * Low-cost * Price Reductions * Cobra * Health Savings Accounts * Hsa * Tax Deductions * More Tags... Industry News News By Location Country(s) Industry News
Follow on Google News | eFLHealthinsurance Has Three Easy Tips to Stop Paying Too Much for Florida Health InsuranceBy reviewing hundreds of Florida health insurance options, eFLHealthinsurance has found that most consumers are paying premiums that are higher than necessary to maintain the level of coverage they have. Three easy tips can lead to big savings.
While most people recognize that COBRA premiums are typically comparatively expensive, high unemployment rates leave little time to educate oneself on the best way to replace lost group coverage for the lowest cost. eFLHealthinsurance’ Independent advisors who research options from different carriers know what plans are popular and why. eFLHealthinsurance advisors share feedback from clients who compare COBRA premiums to other options, like Health Savings Account (HSA) plans. For instance, a man presented with COBRA premiums of nearly $800 per month could opt for an HSA plan with a $10,000 deductible for premiums under $300 per month. If he invested what he saved on premiums to fully fund his HSA each year, he could claim a tax deduction for the contribution whether he needed the funds for health care or not. High-deductible plans purchased this year provide 100-percent coverage for recommended preventive health care before the deductible has been met. The HSA balance could grow with tax-free earnings and double as a retirement account. eFLHealthinsurance’ For example, a 51-year-old pharmacist in Clearwater who had no health insurance due to the high cost found a $5,000-deductible option that added tax advantages for under $150 per month. The tax advantages included tax-free earnings whether she invested her Health Savings Account contributions in a money market or savings account, bonds, mutual funds or stocks. eFLHealthinsurance’ eFLHealthinsurance advisors know which insurers have more lenient policies and how to explain health problems in the best light. They are also experienced in appealing when applications are declined, when higher rates are substituted and when exclusions are applied to coverage. eFLHealthinsurance gives consumers access to an extensive database of Florida individual health insurance options from companies that have been screened for financial soundness with a single search. They also provide educational resources to cover how different forms of health plans work and which offer the most affordable coverage. In addition, they offer personal advice to help consumers compare options as well as suggestions on how to get the best value in spite of pre-existing health conditions. # # # About eFLHealthinsurance: eFLHealthinsurance has become a leader in providing educational resources that enable Florida families, individuals and small businesses to keep their health care costs low. Online information explaining how to find coverage to fit individual needs is available at http://www.eFLHealthInsurance.com/ Florida residents seeking health insurance options in the individual market may use eFLHealthInsurance’ eFLHealthInsurance also provides extensive resources that can lower health care costs that are not covered by insurance at http://www.eFLHealthInsurance.com/ End
Account Email Address Account Phone Number Disclaimer Report Abuse Page Updated Last on: Aug 25, 2011
|
|