Puzzled by Your Insurance Coverage? Let's OverHall the Pieces!

Puzzled by Your Insurance Coverage? Let's OverHalljust one plan?
the Pieces!by: Janet L. Hall3. Which is the best plan for you?
~~~~~~~~~~~~~~~~~~~~~~~~~~~Find out your family's health history to help you
(A special note to those of you that live outside ofdetermine what type of coverageyou should be
the United States. It would beimpossible for me tolooking at.
try and cover all types of health insurance and4. Should you get or be concerned about Long-Term
coverage thatis offered around the world. I do hopeHealth Care?
this article will help guide you as to whatyou shouldDepends on your family history and your finances. It
be looking for in your area of the world when itis suggested that youshould start thinking about this
comes to healthinsurance.)type of insurance when you are in your 40's.
Health insurance, you either have it or you don't. ButHowever, the premiums are lower the younger you
wait a minute. Even if youhave health insurance youare. Also, check with youraccountant about this type
might not have it, meaning, you might not haveof insurance as the premium cost * could be
thecoverage you'll need for your particular illness orapossible * deduction on your Federal Tax Form.
injury.5. What about Disability Insurance?
If you work for a company, chances are they offerThis is also know as Income Replacement Insurance
what I like to call * boiler plateinsurance *. Take it orif you should becomedisabled (NOT the same as
leave it. If you?re self-employed, chances are youWorker's Compensation if you get injured on the
can getthe coverage you want but you also end upjob).
paying * big time * for it if you don'tunderstand the6. Should I get a Medical IRA?
products and options available in the market place.7. Are there any Federal Laws concerning Health
A friend told me about a female executive she hadInsurance?
met who knew nothing abouther family's insuranceYes! Let me list but two:a. Employers with 25 or
coverage because her husband handled all * that *.more workers are required to offer employees
Shewoke him up one night asking him if theirthechance to enroll in an HMO.b. COBRA
insurance covered them if they shouldget Alzheimer's.(Consolidated Omnibus Budget Reconciliation Act of
He tells her, "Yeah, we?re covered, go back to sleep1985) requires ifthe business you work for has 20 or
and stop worrying."more employees and you leave your job orare laid
But she wasn't so sure if he really knew and thoughtoff that you can continue to get health coverage for
she had better find outexactly what their insuranceat least 18 months.
covered.If you don?t have insurance, find out if you qualify
What exactly does your insurance cover? Morefor any state or government runplans or do some
importantly, what DOESN'T ITresearch to find out what type of insurance you
COVER? You need to know and understand whatneed and canpurchase.
your plan covers BEFOREyou need to use yourThe best site on the internet I found while
insurance.researching health insurance is by the
I don't claim to be an insurance person but I haveAgency for Healthcare Research and Quality
done some research and hereis a sampling of what I(formerly know as the Agency for
have discovered.Health Care Policy and Research). On their site you
You've got PPOs, POSs, HMOs, and COBRA. You'vecan find a 14 page article,
got Indemnity or Fee-for-* Checkup on Health Care Insurance Choices * that
Service plans and Government run plans such asincludes a checklist and aworksheet for you to use.
Medicare, Medigap orClick on
Medicaid. Then there's Disability, Hospital Indemnity,They also have a very informative article, * Choosing
Long-Term Care, andand Using a Health Plan *at
Nursing Home Plans. Let's not forget Dental andAs you can see, there are a lot of pieces to the
Vision!insurance puzzle. Now it's up toyou to take the time,
You want and need to have health insurance tomake the time, to find all the pieces you and your
protect yourself and loved onesfrom financial disasterfamilyneed to complete this * crazy * puzzle!
if you or they should fall into an illness or injury!The Organizing Wizard, Janet L. Hall, is a Professional
So I'm writing to urge you to get out your healthOrganizer, Speaker, and Author of 'Secrets of a
insurance policies and take agood look at them. See ifProfessional Organizer and How-To Become One.'
your policies need an * OverHall *. Call the providerShe is the owner of
ifyou don't understand something or you have aOverHall Consulting and Organizing By Phone.
question.Subscribe toher FREE organizing newsletter at or
Get the family together for an hour or so and talkvisither web site at
about the coverage youcurrently have and writeCopyright ( c ) 1999, 2000, 2001 by OverHall
down any questions that come up.Consulting
Listed below are several questions and answers IP.O. Box 263, Port Republic, MD 20676
came up with:All Rights Reserved. Permission is granted to
1. Do you have a choice in the type of plan?reproduce, copy, or distribute solong as this copyright
ASKnotice and full information about contacting the
2. Should both spouses carry their company's plan orauthor isattached.