One of the easiest ways to immediately lower your health insurance premiums is to adjust the deductible on your plan. The deductible on a plan is the amount you are responsible for BEFORE the health insurance company starts paying. The general rule of thumb is the higher the deductible on the plan the lower the monthly premium. Deductibles for individual/family plans in the U.S. range between $500-$25,000. The trick is to increase the deductible to not only a palatable amount, but also increase it to an amount that will create a SUBSTANTIAL annual premium savings.
For example, in most cases you could save as much as 40%-50% or more per year simply by increasing your deductible from $500 to $5,000. This percentage of savings could be as much as $3,000-$5,000 per year in premium savings for a family of 4, or between $15,000-$25,000 over 5 years. THAT IS SUBSTANTIAL.
However, by increasing the deductible your family is exposed to a greater out of pocket risk if someone in the family needs medical treatment. That’s when an experienced agent can save you thousands of dollars each year in medical expenses. By recommending a supplemental injury or critical illness plan, the agent can show you how to cover your deductible, and in most cases the annual out of pocket maximum of your plan. These plans are extremely affordable. And can ultimately turn a high deductible plan into a very low out of pocket risk plan for injuries or critical illnesses, which are what are most likely to hospitalize a family member.
We can show you in minutes whether you can benefit from increasing your deductible and also provide you more information regarding supplemental plans by either contacting us directly or online.
We pride ourselves on our attentive service to our clients and our reputation for designing the best possible plan coverage. In fact we go so far as to guarantee no other agency can find you more comprehensive coverage for less premium. Please feel free to contact us should you have any questions regarding your health insurance needs.
Just Us Insurance is located in Southern California.
We proudly serve businesses and local residents in Corona, Murrieta, and Temecula.
Just Us Insurance operates throughout Riverside, San Bernardino San Diego, and Orange Counties
