Women, as a group, get far better deals on auto and life insurance. But once it comes to health insurance, a woman will attract higher rates than a male counterpart. Why is this so and what can a woman do to pay far less?
Lets take some time to look at some facts.
Everywhere, there is a believe that women generally need to have more medical care than men. Lets look at the following reasons so I wouldn\’t be accused of being anti-female.
Every normal female experiences menstrual cycle. This of course involves blood flow and some psychological effects. From a particular age to menopause, this cycle continues apart from during pregnancy. So how many years of blood flow are we talking about? Does this have any implication on the health needs of women generally? This is one issue.
In addition, women get pregnant and bare children. They require special care during this period but we are not even looking at this but at the demand made by these pregnancies on the woman\’s body even after child birth. We would agree that they require more health care.
Now, we must understand that insurance companies, like every other business out there, are out to make a profit. Miss this important fact and you\’ll wonder why a lot of things are the way they are.
To this end, they have studied trends of various profiles and can comfortably project how many insureds within a profile would make a claim within a given time.
If for example, 1 out of every 1,000 insureds within a profile makes a claim of $10,000 within a year, they will still be profitable if each person in that group pays $200. This simply means that the higher the number of claims and the amount claimed per profile, the higher their rates will be.
As a profile, the female gender have shown that they make more health insurance claims (and higher amounts) than men. This invariably means that insurance companies will by default give you higher rates than a man of the same profile.
So how do you still attract cheaper rates as a woman?
Top among the many things you have to do are the following…
1. Quit alcohol, smoking and the use of tobacco in any form.
2. Quit dangerous games and sports.
Any jobs that are hazardous should be avoided.
Stay in shape you will lower your rates and increase you attractiveness.
5. Exercise regularly.
Try to be constantly happy. This will improve your health significantly.
It is so very important to take time to get quotes for comparison.
Health insurance is offered by over 2,000 companies. So you need to get the rate that suits you best.
Will you pay more or less? It depends on how many affordable health insurance quotes you get and how thoroughly you compare them. Compare health insurance rates today and save.
How Do I Start Getting Quotes? Start from these links Affordable health Insurance Quotes and Compare health insurance rates Chimerenka Odimba is the publisher of several finance based sites.
