The Key to Insurance is Coverage

By Timothy Campbell

The man that bought a drill never wanted a drill, he wanted a hole. Understanding this concept can save a consumer a lot of money and hardship. Many people think that just because it says its "insurance" they've got coverage. The word insurance tends to give a false sense of security, because we think just because we have it, we have coverage. How often have we found out that's not the case. Case in point, my son's go-cart was stolen; my insurance company denied the claim. They said if it had been a riding mower it would have been covered. This seems to happen even with medical insurance. You go to the doctor, a month later you get a billed and find out that your insurance didn't cover the procedure. Now you're stuck with a big bill and wondering why are you paying high premiums for coverage you're not getting.

As a Healthcare consultant, I advise all consumers in the market for insurance not to focus on "insurance", but coverage. You want to get the most benefits out of any plan you purchase, whether it's a discount plan, fee for service plan, or insurance. Look at what you're paying for. Look for exclusions, and find out what the annual maximums are. Are you getting what you think you're getting. Find out all these facts before you purchase anything.

Little do people know, but there is an affordable alternative that's becoming very popular for today's consumer. A better choice these days for the high cost of medical and dental care are Fee for Service plans. They offer in most cases better benefits than insurance. Some of those benefits are; no exclusions, no annual maximums, no waiting periods, no claims to fill, and even covers unrelated members.

Remember, the man that bought a drill never wanted a drill, he wanted a hole. You don't necessarily want "insurance", but the best "coverage" and "benefits" you can get for your family at an affordable price. When consumers change the way they think, they change the way they live. And we should always look for a better way to live.

For more information about this topic visit http://www.onechoicehealthcare.com