Inside thoughts on health insurance - Part 1

Health insurance is the one thing that none of us wants to buy, and when we do buy it, we all hope we never have to use it.

What's worse is that many of us don't understand our policies.

This is the first part of a series of blogs that I am going to write addressing health insurance. You may be wondering why I've decided to tackle this issue. So, let me give you my reasons.

I am a health and life insurance agent.

And no, I'm not a disgruntled agent trying to expose the industry like the masked magician.

Actually, it's quite to the contrary.

I love what I do, and I love helping people. Unfortunately, what I have found through meeting with several clients is that some people truly do not understand health insurance and how it works.

Over the next few weeks, I'm going to try and clarify several issues concerning health insurance in hopes of helping you make a better, or more informed, decision when you purchase your policy. Or, perhaps, give you some insight on your current policy so that you can decide if it is a good fit.

Some of the issues I will be discussing are:

· Why should you buy health insurance?

· Deductibles

· Co-insurance or out-of-pocket expense (OOP)

· Co-pays

· Group insurance vs. individual insurance

· Issues concerning the small business owner

· PPO vs. HMO

· What are HSA's?

If you have any topics or questions that you would like me discuss regarding health insurance, email me at thewizardspeaks8@yahoo.com.

The next topic will be: Why should you buy health insurance?

The Wizard has spoken

Please note: These posts are purely for information purposes. If you have any questions regarding your present or prospective policy, you should personally consult your insurance agent.