Monday, 13 July 2015

Stay Healthy to Decrease Health Insurance Costs


We all make different lifestyle choices, which can impact our well-being and our overall health. And health is the most important parameter while buying a health insurance policy, both for the insurer and the insured.

Lifestyle Habits that Affect Our Health in the Long-Run

Positive lifestyle habits can have a huge impact on the cost of your health insurance policy. Here are three things that you must take care of as soon as possible to improve your health and eventually the cost of your insurance policy.

·         Weight – Busy work schedules and high levels of junk food consumption may lead to obesity. Being overweight increases the risk of many health issues, such as diabetes, heart diseases, high blood pressure, infertility, cholesterol, gallstone… the list goes on and so does the wrath of obesity. So tighten your belt and fight obesity to regain health and fitness. Eat right and exercise regularly. Know that just eating right is not enough; timely meals are a must while maintaining weight and health.

·         Smoking – A statutory warning on every cigarette packs gives a clear message– smoking kills. Smokers are at high risk of suffering from emphysema, lung cancer, gum cancer, asthma and other respiratory problems. This makes you a risk for insurance companies. When you looking to buy comprehensive health insurance, you are asked whether you are a smoker or a non-smoker. Even if you are an occasional smoker, admit it. Not providing complete and correct information at the time of purchasing cover will hamper the chances of successful claim settlement. Also, smokers have to pay higher premiums. The best option is of course to quit smoking. You are considered a non-smoker if you haven’t smoked a cigarette for the specified number of years mentioned by the insurance company.

·         Drinking - Heavy drinkers are at greater risk of various types of health problems, including liver problems. You can bring your drinking to moderate levels to stay healthy and fit.
When you are shopping for the best medical insurance policy , several medical tests, such as ECG , blood sugar, x-ray and more, might be recommended to assess your health status and to evaluate the risk to your insurer. On the basis of these tests, the insurance company will decide upon the premium amount that you must pay for different types of cover. Unhealthy lifestyle habits and poor health status would amount to higher risk for your insurer, thereby leading to higher premium values for health insurance plans. So stay fit to reduce healthcare costs in the long run.