“Why Most People Overpay for Health Insurance and How I Avoid It”

I used to overpay for health insurance, just like most people. But after doing some research, I discovered that many plans charge more for things I didn’t even need. The trick to avoiding overpaying is to carefully review your plan each year. I switched to a High Deductible Health Plan (HDHP) with a Health Savings Account (HSA). This combo saved me about $500 a year on premiums, and I was able to save and invest the money I would have spent on a higher-cost plan. The biggest secret to avoiding overpaying is knowing what you need—don’t pay for extras like dental or vision coverage if they’re not useful to you. Compare plans, adjust your coverage, and use the HSA to save tax-free. By taking the time to optimize my health insurance, I’ve been able to avoid the common trap of paying too much for coverage I don’t need.