Don't Put Your Financial Future At Risk By Going Without Health Insurance

After I was involved in a large auto accident a few years ago, I realized that I was about to become innately familiar with the claims process. Sure enough, within a few months I started to receive paperwork regarding my accident, and it was really interesting to see how my insurance company handled things. I was able to save a tremendous amount of money by talking with agents about covered and non-covered claims, and it really opened up my eyes about the entire insurance coverage process. Check out this blog for great tips on saving money, living better, and receiving the coverage you need.

Don't Put Your Financial Future At Risk By Going Without Health Insurance

23 September 2020
 Categories: Insurance, Blog

Health insurance is a sensitive topic for some people, as it can be expensive to carry a good policy in the United States, with some monthly premiums approaching that of a car payment for some people. But carrying health insurance is a necessity for all Americans if you want to go through life with peace of mind that an illness or injury won't leave you in a world of financial hurt. If you don't yet carry a health insurance policy, here's why you should look into getting at least some kind of insurance before you get sick or injured.

There's a Pandemic Out There

First, not to state the obvious, but we are all living through a global health pandemic that shows no signs of ending anytime soon. While many states are providing COVID-19 testing for free, the actual treatment should you come down with serious symptoms is not free and in fact can end up being quite expensive depending on what happens to you. If there was ever a time period where it is critical for every American to carry a health insurance policy, this current moment in time is likely it.

Don't Think of What You Are Saving, Think of What You Could Lose

Yes, not carrying health insurance may save you money every month, perhaps a triple digit amount if you were previously paying a premium on a high quality policy. But instead of thinking of the extra money in your bank account right now, think about what would happen to that bank account and your entire financial future if you were to say, become hospitalized without insurance. You could be looking at a bill for thousands of dollars that will leave you in debt for years.

It Could Be More Affordable Than You Think

With all that said, one last consideration is that getting at least some health insurance might not be as expensive as you are currently thinking. If you are young and fit, you might not need to carry a top level policy.  You might be able to get by with just hospitalization insurance, for example. If you are going to apply for health insurance through a government exchange, you might also be able to get a credit towards your monthly premium depending on what your income is.

Health insurance is something that should not be taken lightly. Even a regular doctor's visit can be expensive in the United States if you have no insurance at all. Contact a local health insurance provider today to discuss a plan that will work for your budget and protect your financial future in the process