If you are among the roughly 50 million uninsured individuals in the United States, you may wonder why it is so important to purchase coverage. This is particularly true for people who are young and healthy.
There are more than a few smart ways to save money, but skipping out on health insurance surely isn’t one of them.
In fact, you could end up paying more in the form penalties than you would in the form of monthly premiums, when insured. According to various research studies, uninsured individuals don’t receive the same amount of preventive care that insured individuals do; and you might also be putting yourself at greater risks:
Here are a few benefits you secure when you are insured:
You Can Save On Medical Bills
How many people do you know who have heart conditions? Or those who have had a heart attack? Do you know what it costs to have an open heart surgery? The bills can roughly amount up to $324,000. Imagine adding that amount to your monthly bills.
The average mortgage payment for such a procedure would be up to $2000 per month. Compared to the actual costs of procedures any serious medical emergency can make monthly premiums seem much more practical and attractive.
You Receive Preventive Care
People who have health insurance policies are much more likely to use preventive care for diagnostic checks and annual check-ups that can help identify serious medical problems at an early stage. Research studies show that people with health insurance are found to be physically and mentally healthier.
You Don’t Avoid Healthcare
People who don’t have health insurance are more likely to avoid healthcare until their condition is at its worst, and they ultimately need to use the emergency room to receive care. This results in hefty medical bills that often go unpaid. To make up for the lost bills, hospitals might even charge more for their services across the board.
Why not avoid the ER in the first place by having an affordable health insurance policy?
It Is All About Self-Worth
You insure your home, gadgets, cars, and almost every other material item; so why put yourself at risk? While home repairs can be extremely costly but have you considered the costs you would have to cover to fix you? Signing up for a health insurance policy makes you realize what you are worth not only to yourself but for those to whom you matter the most.
Budgeting for a health insurance policy is worth putting in the time and effort in the long run. If you are having trouble finding affordable health insurance in NY that fulfills your needs, get in touch with us.