Why health insurance is important
So many people are asking themselves is it really necessary that I buy health insurance. They think because they are never sick, they are just throwing money away on premiums every year. And since the premiums continue to rise, they think about dropping insurance more and more.
The truth is we never know when we may develop a medical problem. Many times it can strike us out of no where. Medical emergencies are unpredictable so it is necessary that you have the safety net of health insurance.
You could say your monthly premium for insurance is not only buying you and your family the coverage they need but also comfort in the fact that you will be okay if medical issues arise. It is essentially a safeguard against financial doom. There are many things to consider when pondering the dilemma of being uninsured.
A minor illness could cost you big in the pocket book. Many symptoms require expensive test just to get a diagnosis. The financial crisis of a sudden illness can cause you to be more susceptible to illness due to stress. So those bills for a minor illness could escalate to more.
What if you caught the flu. Will it may not be a big deal. Maybe $80 dollars for a doctor visit. But, what about the other 3 members of your family, what if they get it too. That can easily add up to hundreds of dollars out of your pocket.
If you are so concerened with throwing money away or you just can’t afford the health insurance at least look into a catastrophic plan. This type of plan is low cost and will still cover the big stuff. And the big stuff can happen to anybody!
If you need the traditional coverage and you like co-pays and prescription coverage you have a few choices. You could go with a high deductible, saving you bundles on premium. You may also go with a limited plan, that limits your visits.
No matter, your situation there is no good reason not to have coverage. If you are low income their are government funded options as well. For those that do not have employer group insurance you can purchase individual insurance through many insurance companies.
