Medical Malpractice

Have you been looking for a low cost health insurance plan, but haven't had any luck? Well, I hate to be the bearer of bad news but it's likely that you won't find a low cost health insurance plan any time soon or ever again. About the best you can do is get several quotes and keep hoping that a low cost plan will show up that fits within your budget.

One way to make health insurance more affordable is by raising your deductible to the maximum limit. I realize that this means you'll be paying for most of your medical expenses yourself from now on, but aren't you already doing that anyway?

Raising your deductible to the maximum is becoming more and more common these days, especially with families, where the cost of coverage is so high that there's just no other way that they could afford it. Raising your deductible to the maximum will lower your monthly costs substantially, however you'll still need to set money aside for doctor visits.

The idea here is to pay for the smaller expenses yourself, but still be protected in case you need long term care.

Basically what you need to do is create a "sick fund" in the bank. There will need to be enough in there for someone to go to the doctor and get prescriptions or whatever else needs to be done and the money must be replaced as soon as possible each time it's used. You'll want to do everything you can to make sure that everyone in the family gets an annual physical and then have enough on hand to pay for casual doctor visits.

You'll also want to change your lifestyle to where you're eating healthier, getting plenty of exercise and rest, taking vitamins and getting proper nutrients. A healthy lifestyle means less trips to the doctor.

You may be able to save even more money by doing this. This forces many people to actually sit down and plan menus for their family and calculate food costs more than before. Proper planning, comparison shopping and coupon clipping could save you potentially hundreds of dollars or more per year. This could be used to help finance your sick fund.

The truth of the matter is that low cost health insurance is becoming a thing of the past. The cost of medications is rising, the cost of malpractice insurance for physicians is through the roof and many other factors have attributed to this. The best thing that you can do at this point is to tighten your belt a bit and cut corners where you must, but don't leave yourself vulnerable by not buying health insurance protection.