After this Christmas, it’s expected that more Americans will be looking in the individual health insurance for coverage for 2008 — including Santa Claus. But just like everyone, Santa is looking for ways to save money on his plan.
If Santa went looking for information to find out what could affect his health insurance rates and how he could save on coverage, here’s what he might turn up:
Santa’s Health Insurance Saving Checklist
- Eat healthier. To start, cut down on cookies high in sugar and trans fats, carrots for the reindeer are okay. Only drink the skim milk. Also, make sure to get plenty of exercise.
- Compare prices between major health insurance companies.
- Consider a high-deductible health plan (HDHP). They feature low monthly premiums and many provide coverage for preventive care such as routine doctor’s visits and physicals. Can also save income tax-free for health care costs with a Health Savings Account (HSA).
- Don’t enter houses through chimneys — will cut out “smoking. ” Insurance rates are higher for those who smoke, but many will set non-smoker rates after staying smoke free for one year.
- Move to area with more doctors and hospitals. The North Pole has very few, if any.
Looks like Old Saint Nick has some good tips to save on health insurance…
While you might not be climbing through any chimneys or living in the North Pole, you can stick to Santa’s list to help you save money on your health plan in 2008.
We hope everyone had a very merry Christmas and a great holiday season!