Health insurance for individuals is much more manageable in most cases than trying to buy coverage for an entire family. Your premiums will be much lower than a family plan and you’ll be able to cut corners on your coverage, but still maintain a policy that will provide you with protection in the event of a serious illness or injury. Here are a few suggestions that can save you money on individual health insurance coverage.

#1. Raise the amount of your annual deductible. What this means is that you’ll be paying for more of your doctor visits out of your own pocket, however, you’ll still have substantial coverage in place for long term hospital care in the event that you need it. If you think about it, doing this really won’t make a significant difference in what you’re paying out of pocket already. The reason for this is because most people only see a doctor once or twice per year anyway. The average cost of an office visit is around $100.00, so if your deductible was already at $250.00 you would have paid for those visits yourself anyway. Raising your deductible will substantially lower your premium payments each year too.

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