Yes, lack of health insurance has caused many bankruptcies in the United States. Your financial planning must contain room for adequate health insurance. As a matter of fact, health insurance is the best way to protect your financial assets when you or a family member is stricken by disease or major injury. Hospital bills can run into hundreds of thousands of dollars, and major cases can easily reach $ 1 million or more.
Health insurance also determines the care we receive in a hospital. This is sad but true. To see a loved one in need of a certain treatment, but unable to pay for it, is a horrible experience. As consumers we need to realize medical treatment costs money and lots of it. The only way we can protect our family is insurance.
Do not be afraid to use a broker. An insurance agent can do all your searching for you, find the best rates, and explain the plan to you. Independent agents are paid by the insurance companies and it costs you nothing to use them.
Medical conditions, an accident, a major catastrophe are never planned. These things are unplanned and we can never really prepare ourselves. There are many insurance options today and premiums can be adjusted based on your options. Make sure you have health insurance for your financial future.
Check with an independent agent to search for all your options and different premium rates. Insurance companies are not all alike and there are several factors to consider when purchasing a plan. Protect yourself, your family, and your assets. Plan for the unexpected.