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Finding affordable high risk medical insurance is almost as difficult these days as finding a needle in a proverbial haystack. However, whether you are looking for affordable traditional medical insurance or you're thinking about opening a Health Savings Account (HSA), there are steps you can take that will lower your monthly premium.

Paying your premiums automatically from your bank account will save you money.

Not smoking or using chew will save you a lot of money. You know as well as anyone that you can't be serious about wanting to save money on health insurance if you are going to continue smoking or using chew.

Unfortunately the same thing applies to being overweight. Insurance companies use your Body Mass Index (BMI) to help determine how much to charge you every month for your insurance. The higher your BMI the more you're going to pay. Losing even a little weight can make a difference in how much you pay every month. Remember, every pound counts!

If you regularly participate in an extreme sport or if you have a dangerous hobby you can count on paying more for your health insurance. Similarly, if you drive a fast sports car or a muscle car you may find yourself paying more for your health insurance.

If you are willing to increase your co-payment to 50% you can save money on your premium every month. Depending on how often you see your doctor in a normal year this could turn out to be a big savings.

On a similar note, increasing your deductible will also decrease your monthly premium.

Increasing your deductible to the max is what the most affordable - but potentially most high risk - medical insurance is all about. It's called a Health Savings Account, or HSA.

An HSA is a tax-free savings account with the special feature that you can only use it to pay medical expenses. Attached to the account is a low-cost super-high-deductible health insurance policy. The policy will have a deductible for an individual of around $1,100 and a deductible of approximately $2,200 for a family.

These affordable policies are not designed to pay for your routine medical needs during the year (you pay for those out of your tax-free savings account). What these policies are is a safety-net in the event that you suffer a catastrophic medical event or accident that creates humongous medical bills.

You can get more information about HSAs through your local bank or credit union, insurance companies and even from your employer.

For those who are interested in simply finding the best rate for a traditional medical insurance policy, your best bet - by far - is to look online. You will find no end to the number of websites that are designed to let you compare prices for health insurance from several different insurance companies. The only thing you need to be aware of is that no one site compares all insurance companies.

Therefore, if you are deadly serious about finding the very lowest price for your health insurance then you must take the extra time to fill out the form on a minimum of 3 different price comparison sites.

But that's all you really need to do. Just use the information you learned in this article and fill out the form on 3 different price comparison websites. Make certain that you answer the questions the same way on all three forms so you are comparing the same policy - then simply pick the very best price you find.

This is the most affordable high risk medical insurance that you will find in your state. Congratulations!