How much are you willing to shell out for the monthly premium of your health insurance? Make sure that you are able to squeeze the payables in your budget. At the same time, you should consider how much you usually shell out for health expenses every year. Your monthly premium should be directly proportional to your usual health expenses. You may wonder why this is the case.
Truth of the matter is, if you pay a lower monthly premium but your health expenses are high, you would be shelling out more from your own pocket. If this becomes the case, the coverage loses its function.