Many people focus too much on the premiums when choosing a health insurance plan, but out of pocket costs are just as important a factor. And what kind of a deductible, if any, your plan has is one of the biggest out of pocket considerations.

No one insurance policy is going to cover you against all medical risks and the impacts of a serious accident or illness. The best strategy, therefore, is to combine several key types of insurance so that one type can fill in the "gaps" left by the other(s).

There are many common myths about health insurance agents that make people wrongly conclude that they shouldn't use one. This is why so many people miss out on the great help that a health insurance agent or broker offers them free of charge.

Employers who are trying to formulate the ideal employee benefits package should take advantage of professional benefits consulting to give them ideas and to guide them through the legal and HR details of turning such ideas into successful realities.

If you were insuring your car or your home, it would be easy to place a fixed value on the object insured and decide how much insurance to buy on that basis. But when you are protecting yourself against potential medical expenses, it's impossible to know for sure how much you and your family might use across the next 12 months.