Health Insurance

Health insurance provides coverage for medical services. It covers everything from a physical exam with your primary care physician to a visit with a specialist like a cardiologist. Traditional health insurance helps pay for these medical expenses, and mitigates large out-of-pocket expenses for policyholders.

Everyone needs medical care at one point or another. This means anyone can benefit from health insurance, and with the Affordable Care Act, it is mandated too.

Health insurance plans can cover an individual or an entire family. Medical insurance motivates adults to get exams and take care of themselves. Those with chronic illnesses or other medical conditions benefit the most from insurance. Frequent visits to clinics, doctors and the hospital can bankrupt a person without health insurance.

Healthcare insurance requires deductibles that must be paid by the policyholder before coverage takes over. A lower deductible means you’ll have to pay more for out of pocket expenses. You also have a monthly premium and a “co-payment” for each medical visit. You might also have to use a healthcare provider within a specific network, although this varies based on the type of insurance you have.

Individuals, married couples and families can obtain health insurance. Family plans usually include dental and vision coverage for children. The policyholder will likely pay an out of pocket expense for the child’s visit.

A good health insurance plan alleviates the expenses connected to a chronic disease or an injury due to a major accident. Those with pre-existing medical conditions are now easily insured, and no longer have to worry about being dropped because they are sick. The insured can easily undergo testing to diagnose and prevent numerous types of medical problems. There’s no reason to worry about going bankrupt from medical expenses when you have insurance.