Even if you’re young and healthy, it’s important to get medical insurance when you can afford it so that you don’t have to pay more than necessary if an accident or illness occurs that makes you need medical care. A health plan can be costly, but the expenses you will save from it far outweigh the amount you pay each month in premiums. For example, if you were to break your leg in an accident and had to pay out of pocket for surgery, hospital bills, and physical therapy, one simple procedure could cost thousands of dollars—money that might not be readily available without health insurance.
How health insurance saves you money
As a freelancer, you’re your boss and as such have ultimate control over every aspect of your business. However, you don’t have any control over how much doctors charge or how much medications cost, which can wreak havoc on your finances if you aren’t careful.
By purchasing health insurance, you become a paying customer and gain leverage when it comes to negotiating rates with health care providers (and medications). Not only that but in some cases, like with many student plans, health insurance costs nothing out-of-pocket so long as you can prove that you are currently enrolled in school.
What you can’t afford to do without in an emergency
If you suddenly needed emergency surgery, would you be able to pay for it? What if a member of your family was sick and could not get proper medical care? If you’re like most people, one or both of these scenarios sounds grim—and if that’s how they sound, then it’s probably time for a reality check.
The truth is that we never know when an emergency might strike. All we can do is be prepared and make sure that our families are protected by good health insurance coverage.
What steps you should take when it comes to obtaining health insurance
First, you need to figure out if you are eligible for any sort of free coverage. Depending on your age and where you live, there may be government programs that can give you discounts or free insurance altogether. If none of those work, make sure you know how much coverage will cost and what exactly it covers before buying a plan.
Regardless of which route is best for you, take some time to research various options and think through your decision because once health insurance is purchased, it’s very difficult (if not impossible) to change later on. Take Action! Don’t let your health insurance languish as an afterthought – learn about options today so that in case things go wrong tomorrow, you’re prepared with at least one option or many more.
How did the Affordable Care Act help with healthcare?
The biggest argument in favor of Obamacare is, without a doubt, that it helped millions more Americans get health insurance. Before Obamacare came into effect, around 16% of Americans were uninsured. Since its implementation, however, that number has dropped sharply – with only 10% having no form of health insurance coverage. The act has been especially beneficial for lower-income households and minorities who previously lacked adequate coverage options.
There’s been an almost 12% drop in uninsured black Americans and a 10% reduction among Latinos since 2013; all told, close to 18 million people have gained access to healthcare under Obamacare. Of course, there are still many areas where America can improve on healthcare – but it’s hard to deny that things are better than they were before.
Do your research
Studies show that around one-third of Americans skip medical treatment each year because they cannot afford it. We would like to think that we live in a society where no one will be denied access to basic health care, but unfortunately, millions of people are going without healthcare coverage every year due to rising costs and low income. To reduce your chances of needing medical care, but not being able to afford it, consider purchasing health insurance coverage.
With so many options out there, it can be hard picking a provider—and finding affordable coverage can be nearly impossible if you’re dealing with pre-existing conditions or other issues. Make sure you do your research before making any financial commitments!
Check – Chupa Panza Tea Reviews
How much does healthcare cost in your area?
Healthcare can get expensive fast. For many people, their medical bills represent a sizable portion of their annual income and even small accidents or illnesses can set you back thousands of dollars.
So how much does healthcare cost in your area? For example, check out Medicare's 2018 county-level estimates for medical costs. This comprehensive database covers both out-of-pocket expenses (including deductibles and co-pays) as well as what government programs like Medicare and Medicaid pay for certain services.
Be financially responsible
When you work, you're a person with income and assets. As such, you'll want to make sure your money is protected. This means having life insurance in case something happens you die and disability insurance in case something happens you get sick or injured. If you have a spouse or family members who rely on your income, those are important policies that everyone should have in place.
Even if you don't have dependents, though, it's still crucial to protect yourself financially. The last thing anyone wants is for their savings account to disappear because they got into an accident or fell ill. The best way to protect yourself? Buy health insurance. Yes, it's expensive but it's worth every penny when it comes time for an emergency room visit or surgery especially since many people simply can't afford these procedures without insurance (or would be forced into bankruptcy).
When choosing your health insurance plan, it's important to understand all your options. This will not only help you choose a plan that fits within your budget, but also one that works best for you and your family. Depending on your coverage needs, different plans will work better than others.