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[H180]Health Insurance Rates For

by Robert D. Thomson, Rob

You won't like the answer to that particular question, but the facts are the facts. Health insurance rates are going up because of us. That's right, we are the authors of our own misfortune if you will. Very simply we do not look after ourselves and by doing that, we send the price of health care rates sky high.

We drink, we smoke, we're aging (ok we can't do anything about that) and we don't work out. Our obesity rate as a nation is abominable. The health care costs of treating alcoholics, smokers and obese patients are phenomenal.

It's not just that we don't take care of ourselves either. The other factors that drive up the cost of health insurance rates are medical inflation and medical errors. Now you might be thinking medical errors must cost a bundle. Actually, they are declining ? a good thing by any standards.

The biggest area of problems is medical inflation. Just try to find out what a surgery will cost you, and good luck on that. Let's say for instance you needed an appendectomy. You want to know what that will cost. No hospital or doctors office will give you that figure because they have no idea what they will bill you for until they bill you.

Surgery has almost become an a la carte menu where the doctor (and hospital) picks and chooses what you will get billed for. From the cost of dispensing pills to the cost of the pill itself and from the cost of the extra pillow you wanted to the extra dressing required for your incision. You get billed for each item. No wonder bills are so high and they can't tell you what it costs.

However, having said that, it's interesting that doctor's offices are able to tell the biggest insurance companies paying the freight how much it costs to stay in hospital per day and what a certain surgery costs. See what's happening here? The doctor gets paid a rate by the insurance company and then bills you extra for other things. Nasty, but it works.

If you want lower health care rates, start taking care of yourself. Don't smoke, don't drink to excess and get moving and work out. The healthier you are, the less expensive your health care costs tend to be.

If you pay attention to your own personal health insurance rates, you are likely to notice that over a period of time they are quite likely to go up. Most people are aware of the fact that health insurance premiums tend to increase over time, and these jumps in cost can present quite a financial strain for somebody who is on a tight budget. In order to be able to best anticipate when your rates will go up in the future, it is a good idea to spend some time learning about how health insurance rates are calculated and why they sometimes head skyward.

Although many people notice their health insurance rates going up, few people ever remark on their health insurance rates going down. Premiums very rarely fall, and the reason for this fact is the same reason for most increases in health insurance rates. Like any other field of the modern business world, the health care industry is profoundly affected by inflation. As the cost of living rises, the cost of medical care rises with it. This means that insurance companies are forced to raise their rates to avoid losing money. Inflation is widely considered by economists to be the primary reason why health insurance rates increase.

The other reason why you are most likely to find yourself paying more for health insurance coverage is that you are costing your insurance company money. The more insurance claims you make, the more money the company needs to spend on you. This makes you, to some extent, a financial liability, so if you make claims often your company will raise your rates. Because of this fact, the same people who need health insurance the most are the ones who often end up straining to make their monthly payments after a sudden increase in their insurance rates.

To protect themselves, insurance companies usually offer higher rates to different people depending on how often those customers are likely to make claims. This is why people with chronic conditions like asthma, vision problems, or diabetes are likely to have higher rates than people without similar afflictions. It is also the reason why people who smoke and are therefore likely to have smoking-related health problems have higher insurance premiums than most non-smokers, who are statistically less likely to make health insurance claims. If you have recently visited a hospital or have had a doctor write you a new prescription, prepare to see your health insurance rates increase accordingly.

Article Source : Medicare Plans

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Both Robert D. Thomson & Gray Rollins are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Robert D. Thomson has sinced written about articles on various topics from Dog Care, Real Estate and Dental Practice. Clelland Green is with Benepath.com, a leader in providing . Benepath provides individuals, families, and businesses with. Robert D. Thomson's top article generates over 2240000 views. to your Favourites.

Gray Rollins has sinced written about articles on various topics from Property Investment, Guide Guitar and insurance agents. Gray Rollins is a writer for GettingHealthInsurance.com. To learn more about and. Gray Rollins's top article generates over 368000 views. to your Favourites.