Health Insurance

1. Healthy individuals have no reason to buy health insurance.

The purchase of health insurance is wise to have even if you think that you are well and do not predict physical or mental complications. Without coverage, one accident or serious illness can wipe you out financially. Premium costs are rising and you can't predict how much your medical bills will be every year. In addition to that, you can't predict when a member of your family will take ill resulting in physiological or mental stress on the individual or on others. Obtain health insurance quotes to find the best rates.

2. PPOs are more rigorous than HMO's in terms of which doctor you can see under your policy.

Preferred Provider Organizations typically have a slightly higher premium than an HMO. However, a PPO allows you to venture out-of-network at your discretion without a referral. A PPO co-pay is also $5 to $25, and generally reimburse 80 percent of out-of-network costs; provided you do the insurance paperwork. Find out about variations of different coverages by doing a search online for health insurance quotes.

3. Health insurance is only offered through a company.

Individual policies are available if your employer does not offer group coverage or if the coverage offered is very limited. You should compare your options and shop carefully for health insurance quotes. Individual wellness plans may not offer benefits as broad as those available for group plans.

4. HMO's are generally the most expensive group option for health insurance.

A HMO is generally the least expensive group coverage option. You pay a monthly premium and are entitled to doctor visits, preventive care and medical treatment for an additional co-pay of $5 to $25 for each appointment. Moreover, this wellness plan covers prescription drugs. The downside is that you cannot visit a doctor who's outside the network. Rather, you choose a "primary-care" physician who refers you to the doctors you need.

5. The fear of the Lord brings health to your body.

Proverbs 3:7-8 - Be not wise in thine own eyes: fear the LORD, and depart from evil. It shall be health to thy navel, and marrow to thy bones.

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