Health Insurance is something you should have
In today's world health care costs are rising steadily due to a number of reasons such as population growth, technological equipment needed to perform intricate procedures, inflation and more. Although you have lived a healthy and accident-free life, you could experience a life changing event one day. Just as you buy auto and homeowners insurance, health insurance is needed too if it happens. Although you can get health care at some free clinics, they are not equipped to handle detailed surgical procedures, advanced testing, or specialist care diagnosis and treatment.
One cannot just get health insurance before an expensive procedure as insurance companies may require you to pay all fees attributed to that pre-existing medical condition. Many people do not want to pay high monthly premiums for health insurance they may never use but some facts suggest maybe you should rethink this reasoning. Facts such as; 18,000 unnecessary deaths occur each year for not having health insurance, 1 out of 4 adults has a higher chance of dying from a condition or disease than people who do have health insurance. Also, research has shown that half of all bankruptcies filed are related to medical bills and health conditions.
Furthermore, people without health insurance are normally charged four times as much as insured patients. ( source: AHIRC.org ).
OK, so are you convinced. If so, note that the majority of people have coverage through their employer which is called group insurance. Group healthcare insurance is the most preferred because your employer will pay a portion of the premium. Jobs usually offer one or all of these forms of health care insurance; a fee-for-service plan, an health maintenance organization (HMO), or a preferred provider organization (PPO). If you work for a small company which does have provide health coverage or you are self-employed you can buy a individual plan on a fee for service, HMO or PPO. One of the drawbacks to the individual plans is they normally offer less benefits when compared to the group health insurance plans.