How Your Lifestyle can Impact Health Insurance Costs
It might not always seem fair, but it’s true: the type of lifestyle you lead will definitely have an impact on how much you spend on health insurance.
There are particular choices that you can make that will lead to much higher premiums and put you at risk of having insurance companies avoid you altogether.
Some of the biggest lifestyle choices that insurance companies look at include:
- Weight. If you are medically considered to be very overweight or obese, you have a much greater chance of suffering from serious health conditions like strokes and heart attacks, which means insurance companies must take a greater risk in providing insurance to you.
- Smoking. Smokers have a much greater chance of suffering from emphysema, lung cancer, gum cancer, asthma and other similar problems. This makes you a higher risk for insurance agencies to take on, which means you’ll pay higher premiums for your plan.
- Drinking. Heavy drinkers are at greater risk for health problems of many types, including liver problems. Therefore, insurance providers will be more likely to give you higher premiums.
Positive lifestyle changes that can lower your premiums
Fortunately, there is hope; if you make a demonstrated effort to improve your lifestyle, then you’ll be able to reduce the amount you have to pay on your monthly health insurance premiums. Some of the best lifestyle changes that you can make are:
- Improving diet and exercise. A healthy diet and regular exercise will go a long way toward improving your overall health and helping you to lose weight. Insurance companies see people who are in good shape and good physical health as a much smaller risk.
- Quit smoking/moderate drinking. Stopping smoking altogether is a huge step toward not just improving your premiums, but saving your life. Bringing your drinking down to moderate levels is another key step in both of these areas.
For more information about how your lifestyle might affect your health insurance premiums, we encourage you to contact us today. Our insurance experts are happy to answer any questions that you have about your plans and your lifestyle.