Health Insurance Rates

Health Insurance Rates
Naturally, health insurance rates vary from one company to another. One thing health insurance companies have in common is that the rates will be higher with the more coverage you request. It's important to compare health insurance rates to find the lowest for you or your family.

Insurance Rates For Families & Individuals

Sometimes rates for different plans can be confusing.

Married couples with no children (or children that are now too old for the plan) often complain about their government group insurance rates being higher than the average individual cover costs.

The same rates for a family insurance plan or group cover can apply to both small and large families. Such rates, though beneficial for families with one or more children, are expensive for a family of just two individuals.

Smoking Health Insurance Rates

One contention among insurance seekers is that OPM (Offices Of Personal Management) coverage rates can be the same for smokers and non-smokers, despite the general view that smokers are at more of a health risk.

This is to prevent any arguments and chaos about the freedom people should have to choose the lifestyle they wish.


If you are a federal employee then it is possible that you may enjoy more benefits, but do remember that the rates differ depending on which service you are involved in. Also, for those under the FEHBP (Federal Employees Health Benefits Program), changes in policy naturally affect their insurance rates.

Prescription Drugs

A factor that constantly affects insurance rates is the cost of prescription drugs. When prescription drug prices go up, the insurance rates go up, or worse the coverage offered by the company could turn out to be insufficient to cover your medical bills.

Economy Effecting Insurance Rates

Another influential factor for insurance and healthcare rates is the economy of the country. Even the slightest changes in the economy will translate itself to all other industries, including insurance. Insurance rates increase by a domino effect. After oil and steel prices increase, manufacturing costs go higher. Thereafter, healthcare costs will also show a significant rise to combat the escalating rates - and as a result, the insurance rates will also increase.

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