how I can get the content the select from the value

i have this select

 <select id="health">
     <option value=0>Select</option>
     <option value="1">Green</option>
     <option value="2">Amber</option>
     <option value="3">Red</option>

i need to use jquery to get the content each opent for example Green or Amber etc .. i want want when the user sent a the value the option , he will get the content this option