| Compare Health Insurance Rates - Women pay higher rates. |
 |
 |
 |
| Written by Chimerenka Odimba |
| Wednesday, 10 March 2010 15:12 |
|
Men have always grumbled that women get lower rates when it comes to insurance. Interestingly, health insurance differs as women get to pay higher rates than men. What could possibly be the reason?
Men have always grumbled that women get lower rates when it comes to insurance. Interestingly, health insurance differs as women get to pay higher rates than men. What could possibly be the reason? First, let's explain why this is so... 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. 1. The female gender goes through monthly circles that take a toll on them. The degree to which this affects them defers from lady to lady. However, we all know that the loss of blood is part of the whole process. Considering that this happens every month with the attendant psychological implications for some ladies, they should require more health care. 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 ensure that they make profit, they have studied and examined various cases to determine what group of people are likely to make more claims and how much is likely to be claimed. The idea is this. The higher the claims from a group of insureds, the higher the rates people in that group would have to pay so that the insurance company can still make profit. 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. Am I saying women can't get lower rates? No! To get lower rates, women would need to consider the following. 1. Quit alcohol, smoking and the use of tobacco in any form. Desist from dangerous games and sports. Avoid jobs that are hazardous to your health. Stay in shape you will lower your rates and increase you attractiveness. Keep a constant exercise regime. Engage in things that make you happy as happy people are less likely to fall ill. Very importantly, get and compare quotes extensively before taking up a policy. you would be able to determine which is best for your situation. Remember there are over 2,000 insurance carriers in the US alone. This means that you might have 2,000 different rates for your profile. Some will bill you more; some less. Whether you pay more or less would be determined by the number of affordable health insurance quotes you get. You need these quotes to compare health insurance rates. The more quotes you get, the more options you have. DISCLAIMER: This article is provided as information only and is not to be taken as financial advice. 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. |