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Health Insurance

No one plans to get sick or hurt, but most people need medical care at some point. Health insurance covers these costs and offers many other important benefits.

Why Do I Need Health Insurance?

One common thing that people have told me is that they made the decision to go without health insurance. When you are healthy and rarely see a doctor, it may seem like a good idea to cut out health insurance completely and to just go without it. You can pay for things as you go instead of worrying about the insurance premiums. However this is faulty reasoning. It is essential for everyone to always have some form of health insurance.

The reason is that medical emergencies are expensive. If you have a medical emergency without insurance, it is easy to find yourself with a crippling amount of medical debt, and seemingly no way out of the mess. One accident could cost you thousands of rupees in medical bills, and it can quickly climb higher if you need surgery or anytime in rehabilitation. Generally, that is a time when you will not be working either and that means that you will lose money that way as well. Emergency surgeries such as an appendectomy can be very expensive as well. Even with insurance you may find it difficult to pay for health care costs in these instances. It is very hard to pay for medical costs without health insurance, especially if you are checked into a hospital even just overnight.

Minor things can turn into bigger things as well. When you do not have insurance you avoid going in and getting treated for the little things, which can escalate into bigger things quickly. Preventive medicine and quick treatment is one of the best ways to avoid long hospital stays. If you have insurance, then you will not worry about this as much. Additionally if you are diagnosed with a serious medical condition, you may have a difficult time finding health insurance after you have not had any.