You may not even be aware of this, but if you receive your insurance billing statements by mail, it could be costing you more money! In an effort to reduce administration costs as have less of an impact on the environment, many insurance carriers have implemented an additional “paper bill fee” to your current premium.
For example, Anthem Blue Cross adds on a fee of $2.00 to your billing cycle. Humana goes up to $10.00 for each paper statement. This can really add up!
An easy way to avoid these charges is to set up automatic payments via credit card or your checking account. Many companies will allow you to select the frequency for these withdrawals (i.e. monthly, bimonthly, quarterly, etc.) as well as when you want the deductions to take place. Some people prefer the beginning of the month, while others choose a date mid-to-late month.
Setting up automatic payments for your plan is easy to do. Just give me a call and I will help you every step of the way. You will no longer have to worry about getting your premium check in the mail on time, and helping out the environment at the same time.
Tags: premiums
