nutritionfitnessrecipesplan smartshealthy living

Here is another way to think about it

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Is preventive care covered?

Auto: No

If you need an oil change, new tires or windshield wipers, you will pay out of your own pocket.

 
Health: YES

You may pay a small portion of the cost, but for the most part, preventive care is covered. Currently, non-grandfathered health plans cover 100 percent of your preventive care visit. Want to know if your plan is non-grandfathered? Ask your agent or employer.

 

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Are repairs covered?

Auto: No

If your car breaks down and you need new brakes, a battery or transmission, you will pay the full cost.

 
Health: YES

If you break your leg or have a sinus infection, your health insurance will pay a portion of the cost. In addition, your health insurance likely covers the cost of prescription medications you may need.

 

3

 

Are you likely to shop around for the best price?

Auto: YES

Because you’ll pay for the cost of preventive maintenance and repairs, the cost of these services are important to you.

 

Health: NO

When you need health care, cost plays little role in your choices. You want the best care for your body, despite the cost.

 

4

 

Will you avoid turning in claims?

Auto: YES

You may choose not to report certain claims to your auto insurance. For example, if your son is in a fender bender, you might not turn in the claim because it will go on his record, or will cause his premiums to increase.

 

Health: NO

For the most part, health insurance claims are automatically submitted to insurance. Your health insurance usage or claims won’t cause a spike in your individual premium; however it does impact all others in your pool.

 

4

 

How does aging affect my premiums?

insurance Costs go down

Auto insurance is less costly as a vehicle ages.

 
insurance Costs go up

Health insurance is more costly as the body ages.

 

6

 

Can the insurance company cancel your coverage?

Auto: YES

Auto insurance companies may “drop” you if you have too many claims or too many accidents.

 

Health: No

Health insurance companies won’t “drop” you if you have too many claims or if you become sick.

 

7

 

Is there a limit to what you will spend on a repair?

Auto: YES

We give up on our autos, or “total” them, when they are not worth the cost to repair.

 
Health: No

When it comes to human life, giving up is not an option. People will go to all means necessary to continue life.

 

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auto vs. health

is it a fair comparion

It can be tempting to compare auto insurance to individual health insurance.
It’s all insurance, right?

 

Both types of insurance will protect you from catastrophic claims, but aside from that, auto and health insurance have little in common.

 

It’s like comparing apples and oranges. In fact, it’s a lot like comparing an automobile to a human body.

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