Sentences with phrase «higher monthly premiums for»

A low deductible plan will not require you to fork over as much in the event of a claim, but you will pay higher monthly premiums for that privilege.

If your family remains relatively healthy throughout the year (and your out of pocket expenses are low), there is a good chance you'll come out ahead than if you had paid higher monthly premiums for a traditional health insurance plan.

Next, you use the money saved (now that you are not paying a higher monthly premium for a low deductible insurance plan) to make deductible contributions to an HSA (subject to deduction limitations).

In this scenario, you will have to pay a higher monthly premium for your insurance.

Other employees, however, rarely visited the doctor, so would see no benefit in paying a higher monthly premium for health insurance.

More times than not, paying the slightly higher monthly premium for comprehensive pet insurance is the better option.

Not exact matches

That could lead to people signing up for the short - term plans because of cheap monthly premiums and paying much higher amounts when they need care.

You might be able to choose a higher deductible in exchange for lower monthly premiums, or you may qualify for a discount due to security features that you didn't disclose in your quote request.

For instance, reducing the down payment from a typical 20 % to 10 % resulted in higher interest rates and the addition of mortgage insurance premiums to the monthly payment.

Opting for a higher deductible will often result in a lower monthly premium, so it's worth weighing your finances to determine the maximum amount you could comfortably pay.

Increased Retiree Health Insurance Premium - Sharing: While most employers — public and private — do not reimburse retirees for the cost of Medicare Part B premiums, New York State pays for the standard premium and the Income - Related Monthly Adjustment Amounts (IRMAA) levied on high - income retirees (couples with incomes in excess of $ 170,000 per year).13 Under the Governor's proposal, the State would cap the amount retirees are reimbursed at current levels and discontinue IRMAA reimbursements for those most able to afford the costs of health insurance.

While the monthly premiums for HVHPs would need to be modestly higher than those for existing HDHPs, the HVHP premiums would be lower than for most traditional plans.

Beyond getting more intense care, younger women may also face higher out - of - pocket costs because they're more likely to opt for insurance plans with lower monthly premiums and bigger co-payments or deductibles, said Dr. Alana Biggers, a researcher at the University of Illinois - Chicago College of Medicine who wasn't involved in the study.

Q: The penalty for not having insurance is only $ 95 and my monthly premium will be much higher.

For instance, deductibles can range from 0 to $ 1,000 (a higher deductible means a lower monthly premium, but more out - of - pocket each time your pet begins a new treatment, and a lower deductible means a higher monthly premium), and certain policies will allow a limited amount per visit or incident, which means you would be responsible for anything over that allowed amouFor instance, deductibles can range from 0 to $ 1,000 (a higher deductible means a lower monthly premium, but more out - of - pocket each time your pet begins a new treatment, and a lower deductible means a higher monthly premium), and certain policies will allow a limited amount per visit or incident, which means you would be responsible for anything over that allowed amoufor anything over that allowed amount.

This inconsistency effectively precludes the financing of MI premiums into the loan amount, leading to higher monthly payments for borrowers.

A higher deductible will mean you're on the hook for more of the initial cost when damage does occur, but it should lower your monthly premiums.

Your monthly premiums will be higher but your out - of - pocket costs will likely be lower for the actual medical bills.

The good news about high - deductible plans is that monthly premiums are typically much lower than they are for health insurance policies with standard deductible levels.

Borrowers either pay monthly premiums or accept a higher interest rate and let the lender pay for insurance.

You might be able to choose a higher deductible in exchange for lower monthly premiums, or you may qualify for a discount due to security features that you didn't disclose in your quote request.

In 2017, the Part B standard monthly premium is $ 134.00, $ 12.20 higher than the 2016 amount.4 There are also income - related premium surcharges for Part B beneficiaries whose modified adjusted gross income exceeds a specified threshold.

For the average Canadian homebuyer requiring CMHC insured financing, the higher premium will result in an increase of approximately $ 5 to their monthly mortgage payment.

For the average Canadian homebuyer who has less than a 10 % down payment, the higher premium will result in an increase of approximately $ 5 to their monthly mortgage payment.

Though it has slightly higher monthly premiums, it offers much more coverage for their expected costs.

You can sometimes choose a plan with a high deductible in exchange for a lower monthly premium.

Most insurance companies offer lower monthly premiums in exchange for higher deductibles.

Although your monthly insurance premiums may be higher, you'll hit your deductible more quickly (since delivery is a major healthcare event), saving more money in the long run when your insurer takes over paying for service.

This is true for any insurance, but specifically with homeowners it is important to be willing to pay a higher monthly premium

Since 2007, higher - income individuals and couples have been required to pay an additional income - related monthly adjustment amount (IRMAA) on their Medicare Part B premiums; a similar rule took effect in 2011 for Medicare Part D premiums.

In exchange for this flexibility, the monthly premiums are also therefore higher, as are the deductibles and total out - of - pocket costs.

If you can qualify for a simplified whole life policy, you're likely to get a higher benefit amount at a lower monthly premium than you will with guaranteed life insurance.

If you want a lower monthly premium, consider a high deductible health insurance plan — this is particularly fitting for people who don't rely on regular medications or go to the doctor all that much, and simply need coverage for a health emergency.

All too often, pet owners faced with costly care have to borrow from relatives, use credit cards with high interest rates or sacrifice their pets because they do not have the funds, when it could be easily prevented with affordable monthly premiums for pet health insurance.

I also had 2 additional options for lower deductibles but the monthly premium was higher.

Lastly, pet insurance is an excellent way to plan for unforeseeable accidents and illnesses in your pets by paying a low monthly premium to ensure that when emergencies arise, you are covered against the high vet bills that are sure to follow.

For older pets, though, we found that Trupanion typically quoted a much higher monthly premium (like we graphed above)-- we recommend owners of younger pets stick with Figo or Healthy Paws.

For example, you may find a plan with a lower premium or monthly costs, but a higher deductible.

For the average Canadian home buyer requiring CMHC insured financing, the higher premium will result in an increase of approximately $ 5 to their monthly mortgage payment.

By arranging for a high deductible, you can save money in the short term by cutting your monthly premiums considerably.

For this reason, you will not find any burial insurance company that will accept you without charging you a higher monthly premium and a partial or full waiting period.

This is a good plan for people who need regular health care services and are willing to pay higher monthly premiums to offset those medical costs.

For every year that you wait, the higher that your monthly premiums are going to be.

You can go for a low - end plan that costs very little per month and offers little when you make a claim, or you can go for the other extreme, with high monthly premiums and substantial payouts for all kinds of claims.

Be warned, if you receive quotes for a no exam life insurance policy, the monthly premiums are going to be higher than most other policies.

You would have to pay a slightly higher monthly premium if you sign up for accident forgiveness.

Commonly known as «High Deductible Health Plans» (HDHPs), these types of policies were created to lower insurance costs by offering a lower monthly premium in exchange for a higher annual deductible.

None of these factors are going to automatically get you declined for your plan, but they are significant red flags that are going to cause you to pay higher monthly premiums.

To calculate your monthly premiums, the insurance company is going to determine how much of a risk you are to ensure, the higher risk, the more your way for the coverage.

Opting for a higher deductible lowers monthly premium costs.