Monday, November 7. 2011
A recent poll from Thomson Reuters found many consumers aren't happy they may have to pay more for heath insurance rates due to other people's bad habits.
Three in 10 Americans think that those consumers who are overweight should pay higher prices for health insurance, according to the poll. More than 58 percent of those polled think that consumers who smoke should also pay more. Another 85 percent noted that consumers who practice positive health habits should pay less than they typically do.
"Discounts for good behaviors are always more popular than surcharges for bad behaviors, but the science of behavioral economics teaches us that loss avoidance is three times more powerful than receiving a gain," said Dr. Raymond Fabius, chief medical officer for the healthcare business of Thomson Reuters. "Our research shows that obesity is a much higher driver of healthcare costs than smoking."
While not all health insurance companies give discounts for being healthy, there may be other ways to get better health insurance. One of these ways is to compare affordable health insurance quotes, which may get consumers the best rate available.
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