Health care can be very expensive, one illness can bankrupt you, unless you have insurance. Unfortunately, many people are foregoing buying medical insurance for a variety of reasons, which is essentially playing Russian Roulette with your health. No matter where you are in your life, a student, starting your family, or retiring soon, having enough health insurance should be your top priority, after-all, if something happens, it will be too late to go back and purchase additional coverage. Here are the top 5 reasons why health insurance is important:
In Case of an Emergency
The number one reason to ensure you have enough health care coverage is for the event of an emergency. If this emergency happens, you will not be able to backtrack and get more insurance. Having health insurance should not just be in your body, you want to make sure you also get some for your teeth, as dental work, can be fairly expensive, especially if it's an emergency.
If You Have a Pre-Existing Condition
Having a pre-exisiting condition can make getting insurance difficult, but, not impossible. You need to make sure you are covered in the event that you need care, so shop around, get quotes from various companies and see what works for you.
While having additional insurance does cost you out of pocket, you can also use that cost as a tax break, which will help pay for some of the out-of-pocket expenses each month. Check with your local tax laws to see what you can claim back on your taxes.
If you take prescription drugs, you can see some reduction of cost by having medical insurance. This can add up to savings of thousands of dollars a year for the drugs you require to maintain your health. Prescriptions, while regulated by the FDA, the maker of the drug is able to determine the cost, and unfortunately, that is not always in the buyer's favor.
Routine Health Care
Medical insurance doesn't have to be used only for emergencies, it can also be used for your routine health care. Dental cleanings, checkups, vaccinates, physiotherapy, psychotherapy and much more is often covered, or available at a discount when using private insurance. While the plan may cost you a bit of money each month, if you take advantage of using the services to maintain your health, the savings will add up. Fun fact, all doctors also have insurance in case something goes wrong, it's called medical or dentists malpractice insurance, they use this as coverage in the event that a mistake is made and a patient requires monetary compensation.
Having medical insurance is very important, anything can happen to our bodies at any time, and it's best to be prepared for the worst case scenario. There are also many benefits to having health insurance, such as help for pre-existing conditions, tax breaks, prescription drug coverage, and, routine health care to help avoid the emergency situations. By taking care of your body and teeth early, and catching problems before the become emergent, you're going to be living your healthiest life, for years to come.