123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Insurance >> View Article

Six Ways To Keep Health Insurance Affordable

Profile Picture
By Author: Anna Ruth
Total Articles: 20
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

In Switzerland, health insurance is governed by a federal law called LAMal. This law aims to ensure high-quality health care for everyone. Under this law, it is compulsory for everyone in Switzerland to have a basic health insurance policy. The cost of the health insurance premium is paid by the insurer itself and for those individuals who come below the line of income, premium charges are paid by the government. As per the budget presented in 2016, the Swiss Canton of Vaud spent 15.6% of its total budget on healthcare – a total of CHF 1.4 billion or around CHF 1,900 per person.

In Switzerland prices and plans of health insurance policy differs from place to place. From a financial point of view, paying the lowest possible premiums for compulsory health insurance is generally a good move. Health insurance policy ensures financial safety and assistance to the insurer from a medical crisis. It provides risk-sharing security to the insurer regardless of all their health-related outcomes. Below are the six best ways to keep health insurance affordable.

1. Compare different policies and plan
It is important to compare different health insurance plans and policies to know about the best plan that suits an individual. A person can opt for a health insurance policy which suits his/her requirement. Comparing various health insurance plans and policies can help in selecting the best available option for the insured. It is important to overview different policies to look for wider coverage at a lower cost.

2. Budget your health insurance cost
It is very important to budget your healthcare costs. It is required to keep a record of your spending on healthcare. It is important to take up a policy which covers frequently required needs. Budgeting the cost also enables high savings and low expenditure on cost.

3. Cut down unnecessary medical appointments, test or procedure
Cutting down unnecessary cost can also keep health insurance affordable. Apart from the required treatments, cutting down the unnecessary cost incurred on medical appointments, test or procedure can save high on monthly insurance premium.

4. Negotiating costs of services and discounts
It is important to ask for discounts and schemes since most insurance providers offer different affordable plans and schemes. It is essentially required by an insurer to negotiate on the cost of the health insurance service offered.

5. Regularly check medical bills
It is required to keep a track of medical expenses regularly to check the amount spent on medical bills. Regularly checking the bills ensures a record for the money spent on medical expenses.

6. Check for health insurance subsidy
It is essential to check for health insurance subsidy to lower down the monthly premium paid by an individual. Insurance subsidy helps an individual to ensure a normal deduction on the cost of monthly premium spends on the health insurance policy.

These were the six important ways by which an individual can keep health insurance affordable. Following them will surely make the best value of money spent on health insurance.

To know more visit: https://gute-krankenkasse.ch

Total Views: 35Word Count: 499See All articles From Author

Add Comment

Insurance Articles

1. Music Studio Insurance - The Responsibility Of Every Musician
Author: Dan Schoenfeld

2. Types Of Insurance Provided By Employers To Employees
Author: David Crarke

3. Look At These 4 Points To Make The Most From Health Insurance Plans In Texas
Author: Richard J. Monello

4. Is String Instrument Insurance Worth An Investment?
Author: Dan Schoenfeld

5. Buy Affordable Health Insurance In Texas Carefully And Smartly
Author: Richard J. Monello

6. Magical Thinkers In Washington
Author: Deane Waldman

7. When Moving Overseas You Need To Insure Your Goods Against Loss Or Damage
Author: Mark O'Connell

8. Moving Home Is One Of The Most Stressful Experiences We Ever Undergo
Author: Mark O'Connell

9. Factors You Need To Consider Before Having Dental Insurance In Texas
Author: Vanessa Charles

10. Chiropractic
Author: Medicalbilling

11. How To Choose Commercial Insurance In Fresno?
Author: Central Auto Insurance Agency

12. Why Do You Need Business Insurance In Edmonton?
Author: Kanwar Bola

13. Faqs: Do I Get A Multi-car Policy Through My Texas Auto Insurance Company?
Author: prontoinsurance

14. Revenue Cycle Management (rcm) Is Crucial Enough. Know When Hospitals Should Think Of Outsourcing It
Author: Priya

15. Brass Musical Insurance – Which Instruments Do It Cover?
Author: Dan Schoenfeld

Login To Account
Login Email:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: