Health insurance rates are skyrocketing, and women are bearing the brunt!
Right now, in 37 states itís perfectly legal for insurance companies to charge women higher rates than men for healthcare coverage, or refuse to cover them altogether. Itís called gender rating, and insurance companies insist that, in many cases, women are just too expensive to cover!
This isnít just one or two companies doing this. A survey of the best selling individual healthcare plans in the country found that 95-percent of them have different rules and rates for women and men and sometimes the rules donít seem to make sense! For instance, a majority of companies charge a 44-year-old non-smoking woman almost double what they charge a man whoís the same age but DOES smoke.
One woman we read about wanted to test out the theory that women are getting over-charged or denied just because of their gender. So she applied for 6 different policies, once as a man and once as a woman. On each application she put the exact same medical information. As a man she was offered policies by 2 out of the 6 companies. As a woman, she was turned down by every single one. The insurance companies say theyíre doing their job.
Women go to the doctor more often and use more medications, so theyíre more expensive to cover. However, industry analysts say thatís true, but women should actually be rewarded for keeping up with their healthcare. Studies show that preventative care ultimately saves money, because it heads off more expensive to treat diseases.
If youíre a woman struggling to get covered, help is on the way. The new healthcare law that goes into effect in 2014 will outlaw gender rating. But if you need help right now, check out Healthcare.gov. Itís a website that will point you in the direction of public healthcare options so you can get covered as soon as possible!
How to Successfully Return a Gift Did you get a gift for Christmas that you weren’t thrilled with? Well, don’t feel guilty… Keep Your Spending In Check They call the day after Thanksgiving Black Friday, but it should be called Red Friday. Why? Because … Car Title Loans Aren't As Good As They Sound You’ve probably seen ads that say, “Need cash? Bad credit, no credit, no problem!”… Protect Yourself from New Identity Theft Methods Your odds of becoming a victim of identity theft just shot up. Thatís because criminals are getting … Money Doesn't Make All Your Troubles Go Away Have you ever thought: If only I was rich, then all my troubles would go away? You might reconsider … Credit-Card Misery! Right now, I'm going to help you dig yourself out of credit-card misery! According to financial mave… Your wallet could be affecting your waistline! The more debt you have, the more likely you are to be overweight, a smoker, have anxiety, insomnia, … Here's How to Balance Earning Money, Reaching Your Goals, and Living a Fulfilled Life Money can’t buy happiness but money problems can affect happiness. So here’s how to bala… The Top Five Tax Apps for Smart Phones Doing your taxes is never fun, but it just got a whole lot easier, thanks to your smart phone! So th… Do you know someone who hides money under their mattress ‘just in case?’ Well, you may want to follow in their footsteps! According to Newsweek Magazine, experts recommend y… Save Money Without Wasting Time Here’s some information that’s as good as gold! A lot of suggestions for stretching your… Improve Your Outlook on Money With bad economic news increasing, and the value of our retirement accounts decreasing, it’s e… There’s a new Reverend in town and he’s preaching about money! His name is Reverend Billy Talen he’s the founder of the Church of Stop Shopping. And he’… Need to save money for the holidays? The holidays are fast approaching which means it's time to start saving a few bucks! So, here are so… Why is the Holiday Shopping Season So Long? Holiday decorations are everywhere, and as you’ve probably noticed, they’ve been in almo…
Protect Yourself From Bad Tax Preparers Best Times to Take Over The Counter Savings Traps to Avoid How to Boost Your Mental Muscle! Safety Devices That Are A Must Have In For the safety conscious, side and head curtain airbags in newer cars have been shown to reduce fata… What Are You Scared Of? Job Interview Questions To Ask Potential Employers What questions do you have that show hiring managers that you have prepared for the interview? Here … Tricks to Booking Low Cost Holiday Travel One trick is to be flexible and don't fly on peak travel days.… Are You Looking For A Job? Resumesponge is a social networking site for job seekers, similar to Linkedin. You can post your r… How To Ace A Job Interview Here's how to ace a Group, Skype and Phone interview… Don't Get Ripped Off at the Supermarket You might be getting ripped off at the supermarket, because some things aren't as healthy as they s… The Science of Shopping Get Out of Debt - Go On A Debt Diet Good Signs at an Interview Are Your Online Accounts Safe? Using common passwords makes it easier for hackers to break into your computer. Since most people …