Today, health care costs are high, and getting higher. Who will pay your bills if you have a serious accident or a major illness? You buy health insurance for the same reason you buy other kinds of insurance, to protect yourself financially. With health insurance, you protect yourself and your family in case you need medical care that could be very expensive. You can't predict what your medical bills will be. In a good year, your costs may be low. But if you become ill, your bills could be very high. If you have insurance, many of your costs are covered by a third-party payer, not by you. A third-party payer can be an insurance company or, in some cases, it can be your employer. Health insurance is a vital part of your full planning picture. Without it your safety and the safety of your family is jeopardized; most qualified heath care providers will not treat you without health insurance. As we all know, health care is very costly; a prolonged illness or serious injury can easily bankrupt a family without insurance. Not having it is an endangerment to everything you have Health Insurance Guide: Overview Part 3 |
