What You Need to Know BEFORE Buying Health Insurance [Part I]
[Preface]. The following is a four-part series on information to help you understand about health insurance costs, choosing the right plan for you, and how the industry works. The author or NetAdvisor.org® does NOT have any financial interest in any insurance company and does not represent any healthcare provider, insurance company or agent. We are a non-profit organization and we attempt to help provide information to better educate the public interest.
HEALTHCARE. [Part I: “Health Insurance Basics”].
When I was in the insurance business, I would help people with general insurance questions they might not consider. In most cases, I found that people just looked at how much is this policy going to cost, and get me the least expensive one. I would ask (sometimes with humor), would it be OK if the policy left out something that you might need?
My primary business was securities and investing where I had six different securities licenses, including management oversight/ regulatory compliance and three different insurance licenses in case clients needed insurance.
“The purpose of insurance is to protect yourself or family against unforeseeable risk.” Read More…