There are several different Health Insurance Cover options available and if this is your first time getting a policy, the amount of information out there can certainly be confusing. Here, we will reveal how you can get cheap health insurance.
Health insurance is often viewed as financial protection should you be unfortunate to get a serious illness. However, people get health insurance for a variety of reasons including getting better access to experts and consultants in clinics and private hospitals. The process of getting a policy can be intimidating, so you may be unsure where to actually start. This article can act as a guide to assist you in getting your first health insurance policy.
Lifetime Community Rating
This is a system whereby the health insurance premium that people pay for their health insurance rises with the age they enter the private health insurance market. However, it does not vary in relation to their current age. This is one of the biggest reasons to get a health insurance policy when you are young.
As a result, a 60 year old who initially took out a policy when he or she was 30 would pay the same as a 30 year old who’s getting their policy for the first time. However, a 50 year old who’s getting health insurance for the first time would have to pay a significantly higher premium than a 30 year old.
Check the HIA Website
The HIA is a statutory regulator of the private health insurance market in Ireland and they provide information to people regarding their rights and also health insurance plans and their benefits. It’s an excellent source of information for people getting health insurance for the first time.
Decide based on your Lifestyle
Health Insurance is not just about protecting yourself in the event of a serious illness. Many people are now getting cover more proactively, because it can provide access to a wide variety of health related services like counseling, diet consultations and gym memberships which will allow you to live a healthier lifestyle. This is why it’s important to consider your lifestyle when getting health insurance cover as it makes it easier for you to decide what’s actually best for you.
If you’re still not quite sure, you may like to consider contacting the different insurance companies directly, so you can get your questions answered. Just make sure you write down a list of questions before you call, and take note of the information that those insurance companies give you. After all, who’s best to give you the information you need other than the insurance companies themselves?
They will be more than willing to guide you so you can be 100% confident in your decision. This is the easy way you can buy cheap health insurance as per your desire.