Health Insurance Cincinnati
Part Seven of a series of articles on health insurance in Cincinnati and Northern Kentucky.
“Ways to Lower Your Group Health Insurance Premiums FAST!”
If you decide to apply or prescreen for new coverage, apply using online applications. Preliminary rates (rates with no medical history considered) will tell you if you have any chance of saving premium by switching carriers. However, preliminary rates won’t tell you which carrier will be the most competitive after reviewing medical histories. By applying or “prescreening” online, you can get prescreened rates from many carriers at once. To the degree that this increased ease of inquiry leads you to prescreen with more carriers, it will increase your odds of finding a carrier that might actually save you some money. Further, at future renewals, current employees need only update their online applications with new information. Thereby, making future renewals easier to administrate.