Contrary to popular belief, medical insurance policies are not a fool proof system. Applicants are in the position to negotiate with insurance companies and even better, companies are also willing to compromise for their clients. Prior to doing that though, individuals should be aware of exactly what factors they can use to achieve the results they want for their policy.
For those who want to lower their premiums or adjust circumstances to their favor, following are the top 5 things to keep in mind when applying for medical insurance.
Habits and Vices
People who are into extreme sports or typically smoke and drink should prepare for higher premiums. This makes sense since individuals with vices have higher chances of contracting diseases that may land them in hospitals. What's great about this though is that smoking and drinking are easy enough to control. By simply stopping these habits, individuals would find themselves enjoying lower rates for their medical insurance.
Weight
As studies show, people who are overweight are more likely to contract various diseases from diabetes to heart conditions. For this very reason, insurance companies are more reluctant in providing them with lower interest rates since the possibility of collecting is bigger than most.
Gender
Unfortunately, there's nothing a person can do about these two factors. It is believed that women are healthier than men and therefore are less prone to medical problems. Hence women, especially those in their prime, typically experience the best rates.
For those who want to lower their premiums or adjust circumstances to their favor, following are the top 5 things to keep in mind when applying for medical insurance.
Habits and Vices
People who are into extreme sports or typically smoke and drink should prepare for higher premiums. This makes sense since individuals with vices have higher chances of contracting diseases that may land them in hospitals. What's great about this though is that smoking and drinking are easy enough to control. By simply stopping these habits, individuals would find themselves enjoying lower rates for their medical insurance.
Weight
As studies show, people who are overweight are more likely to contract various diseases from diabetes to heart conditions. For this very reason, insurance companies are more reluctant in providing them with lower interest rates since the possibility of collecting is bigger than most.
Gender
Unfortunately, there's nothing a person can do about these two factors. It is believed that women are healthier than men and therefore are less prone to medical problems. Hence women, especially those in their prime, typically experience the best rates.