Affordable medical insurance is not an oxymoron. It can be be found, but it does require investing some time to comparing rates and conducting research like reading reviews. However, this investment can yield real returns when you secure lower rates, and save hundreds of dollars on health insurance each year.

The best way to save on health insurance is to conduct rate comparisons, and shop online. Luckily the internet makes this simpler than it used to be because online quote tools offer multiple prices from various companies at once. However, before you begin, you need to understand the different options available and how each can save you money.

You can obtain medical insurance coverage from a variety of sources. If your employer offers a sponsored group insurance plan, you can take advantage of it. Such plans are convenient because the research has been done for you and the premiums come out of your paycheck automatically. Some employers will even subsidize such coverage making it even more affordable. If you are in poor health or have a chronic condition, group health insurance may be the most affordable medical insurance coverage for you and may, in fact, be your only option.