Affordable health insurance?

Question

for milwaukee wisconsin?

Answer 1

There's no way of truly knowing without getting actual rates from companies in your area.

I would check out http://mysite.verizon.net/ressg6c7/savin... they list several services that are free that will provide you with quotes.

Also it is very important that before you apply for the insurance quoted that you check out the company's financial rating. You can research a company's financial condition at http://www3.ambest.com/consumers/  and http://www2.standardandpoors.com/portal/...

Answer 2

That's the millions dollar question.

With all the different health carriers and plans available you will need to contact a health insurance broker. A broker represents multiple carriers and can help you sort through all the different insurance companies and plan options in your state.

For example a typical broker can have access to 10 major carriers and 60 different plans just for one state.

You can try doing your own research on the internet, but if you give a good broker 5 minutes they will be able to make suggestions on which carrier may fit you best.

I suggest using yellowpages.com to search for health insurance brokers in your area.

Don't call your auto and home agent they specialize in property and causality insurance. You need someone that specializes in health insurance.

With that said, high deductible plans usually provide the best value. But I have seen some carriers that contradict that.

What you can do is compare the cost of the plan two ways. First your annual premium is the minimum cost you will have without visiting the doctor at all, this is your minimum cost in the best case scenario.

Then figure your maximum annual cost, if you were to have a serious illness or bad accident this is your worst case scenario. For this you need to add the total premium, maximum deductibles, and coinsurance up to the maximum out of pocket.

Now you can compare the plans to see which one is truly the best deal, you will usually find the high deductible plans work best in either scenario. Then consider a Health Savings Account qualified plan, this can create additional tax savings.

Or you can just call a qualified broker who has probably already done this work.

Good Luck

Answer 3

You get what you pay for.  Want a lower price?  Take a higher deductible.  

There's no short cut, with health insurance.  There's no company out there, selling a $50 a month policy, that covers pre-existing conditions, with prescriptions and low/no copays.  It's just not there.