Tips To Control Your Company Health Insurance premium in Dubai

1. Five Tips To Control Your Company Health Insurance premium In Dubai The cost of insurance across the globe is rising. For many Dubai-based businesses and individuals who are prescribed by law to come under insurance, this means finding ways to prevent their UAE health insurance premiums from going up. Below are 5 easy ways to prevent your insurance premium from increasing while at the same time, making sure you have adequate medical cover for any unforeseen health situation or emergency. 1. The Best Medicine is Prevention Possibly the most fundamental way to keep your health insurance premium from increasing is to take good care of your health. Health insurance companies always take health risks associated with various lifestyle choices into account when calculating their insurance premiums. In 2013, the journal Global Health Action published information on the general health status of UAE residents. It found that cardiovascular disease accounts for 25% of all deaths in the Emirates. The study also said that, although cancer rates are still lower than in Western countries, the number of people suffering from cancer is set to double by 2020. This is in addition to increases in cases of diabetes, high cholesterol levels, and obesity, all of which will have an impact on insurance premiums. 2. Know your Cover Health insurance policies in UAE can be very complex and therefore you might be paying for medical services that you may not require. If you think that your health insurance plan includes cover for unnecessary medical issues, you could remove these to prevent the cost of your insurance policy premiums increasing. You should also check the geographical coverage of your health insurance policy. For example, in Dubai, the best family health insurance will cover you for the major hospitals and medical services near to your home. However, you could reduce your insurance premium by checking to make sure the medical network offered suits your needs. 3. Increase your Deductible

2. Opting to increase your deductible is one of the easiest ways to avoid paying higher insurance premiums on your health policy. All medical insurance companies in UAE divide their insurance policies into the premium and the deductible. If you are willing to pay a higher deductible you will be able to prevent larger increases in your health insurance premium next year. You could also look at the co-payment level in your health insurance policy. This is the percentage of the final medical bill that you have to pay yourself. Obviously, the higher percentage of the medical services you are willing to pay, the lower your premium will be. However, always weigh up the risks of lowering your premiums with high deductibles and higher co-payments according to your financial and family needs. 4. Compare Health Plans To find the best and cheapest health insurance premiums, you should always compare medical insurance. With more than 60 different medical insurance companies in UAE all offering a range of services and medical health plans, comparing health plans could save you money on the cost of your premium. For example, if you are planning to start a family, there are many companies offering maternity insurance. Make sure that the premium you pay for maternity cover provides coverage for all medications, diagnostic tests, pre and post-natal appointments, and any complications that may arise. For an extra premium, maternity coverage may also include premature deliveries, after-birth care, and voluntary caesarean birth. 5. Regularly Assess your Health Needs As you get older and your health needs change or your family situation changes, you may have to change the amount of medical cover you require. One way to prevent increases in your medical insurance premiums is to make sure that your current insurance policy represents your current health needs. While it may not be possible to foresee and plan for all of your medical needs, adequate health insurance allows you to take some of the worry and stress out of any health-related situation.