In combination with health care funding cuts, Seniors are having to become increasingly creative with how they save on the household budget. Thanks to a new comparison service there might still be one area where you can save your pennies, and it’s easier than you think.
New comparison service LINK.com is shaking up the Medicare industry by offering consumers the power to compare Medicare policies side by side, saving them time and money as they make informed choices about their health cover.
The service comes as many Seniors are feeling increasingly stung by the perpetually rising cost of health insurance in America. Health insurance premiums rose by a staggering 3.25% in April 2019, following a series of similarly high year on year increases since 2010.
Step 1: Select your current life stage below.
Step 2: Once you select your preferred coverage options, you will have the opportunity to compare quotes from multiple health funds.
“Health insurance is an overwhelming and expensive endeavour, and for many Seniors, they are paying exorbitantly high premiums for cover they will never use.” says a Health Insurance Comparison spokesperson. “We’ve designed LINK.com to simplify the comparison process and make sure our customers only pay for services they need.”
Using the service, Seniors can compare multiple Medicare cover options and pricing all in the one place. The service saves time, but the biggest benefit for most are the dollar savings – in fact, their customers saved an average of $356.70* on their yearly premium last March.
It’s all personalized too. When you first arrive at LINK.com you’ll be asked for some basic details like your family type and home state. The system then searches its extensive database of policies to show you policies targeted to your needs, side by side so you can make an informed choice.
Since launching, thousands of Seniors have already jumped on board. Over 90,000 Seniors used LINK.com to compare health insurance in November this year, citing saving money as their number one reason for using the site.
*Average savings based off 15178 customers during FY18/19
Step 1: Select your state below.
Step 2: After answering a few questions, you will have the opportunity to compare quotes in your area and could be eligible for significant savings.
This article is opinion only and should not be taken as medical or financial advice. Check with a financial professional before making any decisions.