What influences health insurance rates?
Health insurance is a necessity especially with the high costs of preventive care and hospitalization among other health related expenses. If you are enrolled in a healthcare plan, you must already know that these plans take a big chunk off your pay especially for those who smoke and who drink alcohol on a regular basis or those who have pre-existing health conditions. If you are planning to get health insurance, you should take into consideration the major factors that affect your insurance rates or your premium. There are many things that can influence your premium or the calculation thereof. Getting more information about these factors will give you an idea on how much you will be paying every month for your insurance policy or for the insurance policy of your family for that matter.
Pre-existing conditions affect your health insurance rate and sometimes, even if the law forbids it, you may not get a healthcare plan altogether. Do not fret though because there are ways for you to get a policy even if you have pre-existing conditions. There are also places that can assist you on where you should get a policy.
Smoking is one activity that will contribute to a higher premium. Smokers are more likely to get sick in general that’s why insurers ask smokers to pay a larger amount each month. Those who drink a lot of alcohol are also subject to paying higher premiums.
Your daily activities can also be a reason for higher insurance rates. For instance, if you work in a dangerous environment you may have to pay more every month. One thing is for sure though, if you lead a normal life, you do not really have to pay a lot for your insurance.
Other factors that can affect your insurance premiums include obesity or excess weight. You do not have control over this unless you go on an extreme diet and weight loss program. Some people however cannot help but be obese and this may be due to genetics or other pre-existing conditions such as high cholesterol and other similar factors. Other factors that can affect your premium calculation include high blood pressure, heart ailments and other diseases. To get a thorough calculation, you would have to ask your insurance provider and see what kind of plan they can offer. They will be able to provide you an accurate insurance quote based on what you need and based on your lifestyle.