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Generally, it's depend on the health insurance policy you buy from the insurance company. If you buy policy of high premium than of-course you have to pay a lot. so choose the policy with lower premium by comparing it with the help of platforms available in market such as Coverfox.com, policybazaar.com, policylitmus.com etc.
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∙ 8y ago
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What are the benefits of a medical savings account?
The benefit of having a medical savings account is that the premium is usually less than that of traditional health insurance. This is because the insurance company doesn't have to pay for routine health care.
What happens to a insurance premium when a deductibles increased?
Generally the cost of the premium goes down. The more you pay out of pocket when you file a claim the less you pay for the premium.
Is health insurance provided for a teacher?
It depends on the school/college the teacher is working. However, health insurance is available from insurance companies to anyone who is willing to pay the insurance premium
What could be a result in receiving a discount on your insurance premium?
A. You pay less money for insurance coverage B. You are less likely to change insurance companies
What does insurance premium mean?
The premium is the cost that you must pay to have the insurance.
Do Kentucky's senators pay for their health insurance?
No. We as tax payers do. Although they are millionaires they dont even have a premium.
What is a car insurance premium?
A car insurance premium is the amount of money paid to an insurance company for a 6 month period. It is cheaper to pay the full premium that pay each month.
How do deductibles work for health insurance?
A deductible is the amount of your actual, billed health care costs that you must pay before the insurance will kick in. Your premium does not count towards your deductible. The higher your deductible, the more you have to pay before your insurance will start to cover your bills.
Do you have to pay health insurance for your huband?
If you have group Health through work, he maybe able to be added for more premium. Nothing is free. If you have individual health insurance and not group through work, your husband must get his own health insurance and who pays for that, is up to the two of you. He will definitely have his own premiums to pay. Michael FindYourPolicy.com
Do I have to be in good health to get 25 year term life insurance?
No you do not. Most often, if you don't have good health, you will be required to pay more for the insurance premium but otherwise, you will be able to get a 25 year term life insurance regardless of your health status.
What exactly does catastrophic insurance cover and what kind of premium can I expect to pay for it?
Catastropic insurance covers only catastropic events, such as getting run over by a truck. You will generally pay a lower premium than that of regualr health insurance. There are many factors which will determine the price, such as job and age.
Is a health premium the same as a deductible?
No. When referring to health insurance, the "premium" is the amount you pay to the health insurance company each month to maintain your coverage. The "deductible" is a specific dollar amount you may be required to pay out-of-pocket per year before the health insurance company will begin paying for medical services covered under your policy. The amount you pay toward your monthly premium (or for copayments) does not count toward your annual deductible. Not all health insurance plans have a deductible, and even among plans with deductibles, some services may be covered up-front (preventive care, for example) without being applied toward your deductible.
