Just like homeowners insurance protects your home from disaster, health insurance protects your finances when you fall ill. But health insurance is a necessary cost in America that many people struggle to pay.

When you want to improve the rates of your health insurance quotes, try these tips to pick the best policy and save a few bucks in the process.

Create a Health Savings Account

Health Savings Accounts, otherwise known as HSAs, are tax-deductible savings accounts designed to grow your money without paying taxes. It also means you don’t have to pay taxes when you withdraw money from this account. Adding to this account regularly ensures you’re making the most of your account. Try to deposit a small percentage from every paycheck to keep the account active and thriving.

Don’t fall for name-brand drugs

Everyone thinks that name-brand drugs work better, but the generic for most pills work just as good. In fact, they have to: the U.S. Food and Drug Administration demands that generic prescriptions offer the same dose, safety, and strength as their name-brand counterpart. The generic can usually save you between 30 and 50% by comparison.

Pick the right policy for you

There are countless options for health insurance policies, but you need to find the right option for you. Try asking yourself these questions before deciding on the health insurance quotes that work for you:

• What are the needs of my family?
• Do I have any chronic conditions that demand medication?
• How often do I visit the doctor?
• What copay and deductible work for my budget?

Bundle when you can

Many companies offer discounts or reduced rates for families who bundle multiple types of insurance. This ensures the company gets your business and you’re better protected against future disasters. For example, some auto insurance companies will also bundle home insurance and health insurance.

When you want to explore health insurance quotes that work for you, contact the business insurance attorneys at Nicholson Insurance. We work hard to help your family at any stage in life. Talk to one of our professional attorneys today for more information on protecting your family from harm.