Last updated on March 2nd, 2016
There are hundreds of books out there about the health insurance industry. Many of them have great ideas and action items about how to make an informed decision about your medical insurance purchase. While we haven’t read every book on the market, we thought it would be a good idea to break down 9 great health insurance books that will help you learn about the insurance world. Some of these books cover basic themes, such as what is a deductible, some are textbooks, and some cover more in-depth conversations like forward-thinking employer plans.
No matter your level of expertise, you can get some great knowledge from the books on insurance industry listed here. And you can also search for the best health insurance books with free downloads. They have awesome information as well.
As a disclaimer, each link below will take you Amazon, and if you purchase one of the books, we will receive a small commission (seriously…small…but thank you!) If you choose to buy something through a link (at no cost to you) we appreciate your support!
by Michelle Katz
This is a tremendous book that goes over the details of the Affordable Care Act. It is a great resource for employees, small business owners, and those that are self-employed. You will be able to save money when you read this book. It discusses things such as exemptions to the mandate that we all purchase health insurance, how can children be covered under the CHIP program, and how to receive lower costs on your prescription drugs. It is written in a Q&A format, making it feel much more interactive and engaging.
Understanding the Insurance Industry: An overview for those working with and in one of the world’s most interesting and vital industries.
by A.M. Best Company
If you want to know the basics of how insurance works, then this book is for you. It covers more than just health insurance and goes into property/casualty, life, and reinsurance and alternative risk transfer in addition to medical. This book is a great way to get an introduction to the key concepts and terms of the insurance industry. It is a short book and a quick and easy read. So if you are new to the insurance world either as a consumer or for your career, this book is a great place to start.
by Lori-Ann Rickard
Under Obamacare, almost all Americans must be covered under a health insurance plan or else face a financial penalty at the end of the year. If you feel overwhelmed at Open Enrollment, don’t be alarmed. Choosing a health insurance plan is a daunting task for most people, and that decision is something that everyone wishes could be made easier. This book accomplishes that task. It is another short read that walks the reader through the steps to make the enrollment period much easier. You will be more confident that you are not overspending on your insurance plan while still making the best decision for you and your family. This is one of the great health insurance books for sale.
by Lisa Yagoda and Nicole Duritz
Does the Affordable Care Act confuse you. Heard so much talk about Obamacare on the news that you have no idea what to think? This book does a great job of going over the details of the ACA. It discusses 10 essential benefits of the law, how to choose the best insurance policy for you and your family, and how the law affects employer coverage, whether it is a large or small employer. Written in the familiar “for dummies” style, the book is a quick read and set in brief sections. While not a deep dive at everything the law addresses, it is easy to understand and well organized. It’s a great book to read once and then keep around as a reference.
by Maura Loughlin Carley
One of the comments on Amazon puts it best. Most of the talk surrounding health care and health insurance in America is so politicized, it is hard to make sense of what it true and what is not. This is one of the great health insurance books because it puts all of that aside and helps you understand how to handle your insurance needs. If you do not protect yourself the correct way with medical insurance, you leave yourself open to financial, physical, and emotional turmoil. Knowing how to play the game is vital, and this book helps you learn the rules.
by Marshall Wilson Reavis III
The most important thing to know about the insurance world is risk. Risk is all around us, and everyone on the planet experiences risk at all times. How you and an insurance company handle risk is what forms an insurance policy. This book teaches you about the concepts of insurance and gives you ways to take action with your insurance. It will give you a way to see the big picture and what is at stake for everyone involved. Quick, and to the point, you will learn a lot in a short amount of time.
by Michael A. Morrisey
If you are looking for one of the great books about the Affordable Care Act, this is one for you. It gives a view of the role of private health insurance in the United States, and gives an understanding of Obamacare while predicting its effects. Health Insurance is a textbook, so you will learn a lot of great information including HSAs, moral hazards, Medicare, Medicaid, and more. Whether you are new to the world of insurance or a health policy expert, this book should be on your bookshelf.
by Tom Emerick and Al Lewis
This is a book written for CEOs, CFOs, and HR Directors and VPs, but don’t let that deter you from reading this book if you are not sitting in those chairs. This is a great book to help people understand what kind of thinking goes into the health insurance decisions that companies make. All companies have different attitudes and philosophies when it comes to covering their employees, and it is always good to know the decision-making process. The book looks at the myths, facts, and strategies about an employer-sponsored health insurance plans, and then goes into the authors’ solutions to fixing the problems facing employers. A definite must read, even if you do not agree with everything that is said in the book.
The Company That Solved Health Care: How Serigraph Dramatically Reduced Skyrocketing Costs While Providing Better Care, and How Every Company Can Do the Same
by John Torinus Jr.
This is a book that has been valuable to some of our employer group clients. Despite the Affordable Care Act and other regulatory measures, healthcare expenses continue to climb. Coverage may be better under Obamacare, but that leaves someone footing the bill, which in many cases are private employers. This book details the steps that one company, Serigraph, took to curtail the rising cost of health care. What they did is not for everyone, but anyone that has a stake in employer-sponsored healthcare, which includes employees, should be willing to think outside of the box. Costs can’t continue to rise like this forever, and it will take some creative thinking to reign in spending.
What Other Great Health Insurance Books Do You Like?
These are 9 great health insurance books that we have enjoyed reading. What books have been helpful to you?