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Homebodies Experts > Finance

Miserly Moms

Insurance

By Jonni McCoy
contact@miserlymoms.com
Copyright 1992-2004

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Q: Health insurance is eating us alive. My husband is a contract worker so he receives no insurance benefits from work. I stopped working last year just prior to the birth of my daughter and we are currently covered on a COBRA plan. They have just raised the costs to $775 a month - and I thought $535 was outrageous. I'm very seriously considering trying to cover the whole family under a major medical plan only and saving the money not spent on premiums for routine office visits, medication and emergencies. Is this a good choice for us? ~Thanks, Jackie

A: Health insurance is so costly. But, since we all differ in the needs we have, I cannot recommend just one company. There are so many providers of insurance that could meet all your needs at a better price than what you are paying.

The best place to do some comparison shopping is on the Internet. There are several websites that offer price comparisons between providers. Here are just a few to get you started. Please look for others as well:

Do some research on the company's reputation before buying. See what others have said about them (try www.epinion.com) and check into their insurance rating (www.insure.com).

Good luck!
Jonni

Jonni McCoy is an author, wife, mother of two and homeschooler living in Colorado Springs, CO. She is author of Miserly Moms (2001), Miserly Meals (2002), and Frugal Families (2003). Visit her website at www.miserlymoms.com.

 

 

 

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