Illness is unpredictable. You cannot set a fixed time or date for falling sick. It is something which comes without warning. Minor illness can be cured by spending a small amount of money but serious illness can cost you a bomb.
People may generally pay for the treatment from their own finances when they fall ill. Many times when the ailment is serious, the cure might even cost as much as thousands of dollars.
Benefits of a Health Insurance Plan
Any health insurance plan comes with a host of benefits like:
Health insurance just like any other insurance resources is meant to save your finances.
Health insurance also helps you in protecting yourself and your family by ensuring them a safe life.
You just need to pay monthly or quarterly fees as your insurance coverage till the time you need any sort of medical aid.
Your financial conditions might not be the same all the time. Have you ever thought what can happen if somebody in your family is critically ill and you do not have adequate money to save them? In such cases health insurance is the best thing on which you can rely. Because here most of your bills will be paid by a third-party payer be it your employer or any insurance company.
Lastly you must remember that life is precious and we must never take chances with it because a life well planned is a life well lived.
People in the U.S are mostly a part of some form of healthcare plans. This is an organized way of service. Few healthcare organizations include Health Maintenance Organization (HMOs), Preferred Provider Organizations (PPOs) etc.
The above mentioned points can explain why health insurance plans are necessary. For further details refer insurance guide.