Health insurance is expensive. There are lots of things you can do that will lower the cost of your health insurance to some extent, things like buying group health insurance, quitting smoking, losing weight, cutting out participation in extreme sports, keeping your credit record clean, eating healthier and exercising, increasing your co-payment, increasing your deductible and buying your insurance online.

If, even after doing all of those things, you still find that health insurance is too expensive there is one last resort, one last way to buy cheap high risk health insurance.

The program is called an HSA, or a Health Savings Account. An HSA is a tax-free savings account that you can only use for medical expenses. In addition to the tax-free savings account you will also have to purchase a low-cost super-high-deductible health insurance policy. This policy will have a deductible of at least $1,200 if you are an individual and $2,200 if you are covering a family.

Obviously with deductibles that high these policies will not pay for any of your medical expenses in a normal year. That's what the tax-free savings account is for.

What makes this plan so valuable - especially for people who are generally healthy and do not see a doctor on a regular basis - is that the high-deductible health insurance acts as a safety net to shield your life savings and protect your home if you should suffer some kind of a catastrophic medical emergency. It is easy for an unexpected major illness or accident to run up medical bills in the tens or even hundreds of thousands of dollars almost over night.

Obviously the choice to purchase an HSA must be considered carefully, but there are advantages for people who are generally healthy. For example, money put into the account is not taxed and any money left in the account at the end of one year can be rolled over into the next year, allowing you to build up a rather large potential nest-egg that is earning tax-free interest until you apply for social security.

If you are interested in purchasing an HSA, or in learning more about them, any bank or savings and loan or credit union can supply you with all the information you could want. Also, your place of employment has information and any insurance company sales agent can help you.

If an HSA is more than you are wanting just yet, your best bet is to find a group health insurance policy which you can buy online. If you are looking at prices online be sure to make your price comparisons on more than one site - 3 different sites at a minimum.

In this way you will be certain to see the best prices from the largest possible number of insurance companies and you will have the best chance of getting the absolutely rock-bottom price in your search for cheap high risk health insurance online.

Please see our recommended sites for the multiple quotes. This way you can get the best coverage and lowest prices. http://www.recommendedinsurance.com is a great place to see what companies are highly ranked and which companies have the best coverage. We will leave the lowest ranking companies out of it.

The internet can provide many places for quotes. These particular websites provide quotes from over 100 companies in each type of insurance. They are some of the largest providers in the country and quotes are provided from one website.