Health insurance presents quite the challenge in today’s world. There are just so many technicalities and bureaucracy surrounding this issue that it has creates a huge mess of convoluted descriptions and misunderstandings. Fortunately, we live in the digital age where information is readily available. Due to the nature of competition now, insurance providers are making all information easily accessible to customers. This has become a salvation for so many.

With that being said, there are still several myths that surround health insurance so let’s do a little mythbusting to clear a few things up.

Myth #1: Employer Health Insurance is Always Sufficient

Companies tend to offer benefits packages as part of their standard corporate group health policies but even if you have employer provided insurance, do not completely dismiss adding your own personal policy to it. Corporate policies have their place but they might not meet all of your needs. They might require too high of a copayment or they don’t provide sufficient coverage for your family. The earlier in life you get a health insurance policy, the better because the costs are only going to rise as you grow older. But if you get into a policy early enough then you will be “grandfathered” into better rates.

Myth #2: Smokers Can’t Get Health Insurance

Almost half of individuals who are enrolled in health insurance have smoked and consumed alcohol. The feared not being able to find a policy and were shocked when their application was approved. While smokers are considered a higher risk than non-smokers, they are still eligible. However, they can expect to pay a higher premium and will be forced to undergo strict health tests before they are approved.

Myth #3: Healthy People Don’t Need Health Insurance

I cannot even begin to describe how wrong this is. Being healthy and in shape is amazing, but that doesn’t make you any less vulnerable to accidents or illnesses. Accidents will injure anyone. Sickness can take anyone. It’s just life. While being in shape certainly reduces your risk of certain diseases and conditions, nothing completely eliminates them. We see the healthiest of people get cancer and the fittest of people can get into a life-altering car accident. Everyone needs health insurance.

Myth #4: Insurance is Only Useful When You’re Hospitalized

False! First of all, in today’s high technological world we so not necessarily have to be hospitalized to get certain surgeries. Day care procedures like cataract operations and kidney stone removal are all outpatient procedures. There are also preventative health checks that are covered by certain health insurance policies. Dental procedures are another area where insurance is useful. My point is that you should be making the most of your health insurance by having all of your preventative testing done. Don’t worry about your premiums going up either because providers want you to take these tests because preventative health care testing will lower your risk of costly hospitalization.

Don’t be fooled by the many myths that surround health insurance. Learn the facts for yourself and you will be far better off in the long term. In fact, there are a lot of steps you can take to actually save money on your health insurance but these are clouded by common misconceptions.