Is It Dangerous to be Uninsured? The Value of Health Insurance.

The cost of health insurance premiums is fast increasing as health care services are becoming more expensive as well. If policy holders who are under employer-provided health insurance are having a hard time meeting their deductibles and co-payments, just imagine how costly independent insurance can be to uninsured individuals.

As per Health Reform Act of 2010, previously uninsured individuals are mandated to obtain health insurance from privately-governed insurance companies or publicly-held insurance exchange entities. By 2014, each and every one is expected to carry minimum health coverage. With this in mind, the perfect time to buy health insurance is now!

What will happen if you remain uninsured?

There is still a percentage of the US population who thinks that purchasing a health insurance plan is unnecessary. This may seem true, especially to those who are paying higher premiums. However, health insurance functions as safety net so policy holders do not end up using all of their money and savings on health-care related costs and expenditures. The fact still remains that it is still less of a burden to pay monthly health insurance premiums than remain uninsured.
If you decide to live without health insurance, you will most assuredly wipe out your savings to pay for hospitalization bills, doctor’s fee, and other health care services. Continuous spending on health care products and services had even led to bankruptcy among those who underestimate the important role that health insurance plays in present day society,

Health insurance coverage really pays for itself, especially during emergency situations, surgical procedures, and paying off of hospitalization expenses. The huge amount of money that you can save from medical bills when you become ill or suffer from an accident is well worth the up-front costs of paying health insurance premiums on a monthly or annual basis.

Majority of uninsured individuals think that they are perfectly healthy and extremely fit. Nobody really wants to get sick or encounter an accident. But these unpleasant conditions happen when you least expect them. Purchasing a health insurance plan is all about preparation for future expenses that may result from health problems or diseases.

The primary benefit of getting a health insurance coverage for yourself is security. The peace of mind that health insurance delivers is priceless. With a health insurance plan in force, you are given the ability to focus on health improvement and speedy recovery during times of medical distress.

Studies show that insured individuals are more likely to seek professional help. Since preventive care is more affordable when you have health insurance, checkups and medical screenings are regular, and eventually become routine activities. By continuously assessing your state of health, you are less likely to encounter problems such as expensive hospitalization and treatment on the long haul.

On the other hand, uninsured individuals are less likely to visit health care professionals for preventive care as basic health care services are already expensive without insurance. Without proper health care management, the uninsured are more prone to higher expenses when they encounter serious medical conditions in the future.

In essence, medical insurance allows policy holders from avoiding dreaded medical-related expenses as preventive care is delivered cheaply to them. The risk for developing serious illnesses is lower than uninsured individual who forego preventive care interventions. In addition, majority of health insurance policies provide discounts to wellness programs such as cheap gym memberships and health counseling services as well.

Where do the Uninsured Get Medical Care?
Uninsured individuals typically get the medical attention they need at emergency rooms of hospitals and clinics. In the United States, it is mandatory that health care institutions such as hospitals attend to all individuals who enter through their respective emergency units.

Regardless of insurance status, emergency room personnel cannot deny health care. Although this is an advantage for the uninsured and underinsured as they are still provided with some form of health care, it negatively affects the entire delivery of health care as long waiting lines and low-quality care become problems as well.

One major drawback of receiving care from emergency personnel is that health care delivery is very limited. For instance, an uninsured is diagnosed with a serious illness and is deemed to be referred to a specialist or primary care provider. Uninsured may not have the ability to gain access to these medical professionals due to expensive professional fees and costly medical services. The appropriate care that an uninsured person needs will not be provided at all. The uninsured may end up paying for total costs of hospitalization and treatment that has been obtained. Morbidity and mortality may be well avoided if only they subscribed to a health insurance coverage in the first place.

How to Purchase Health Insurance?
Now that we have enumerated the benefits of being insured under a health care insurance policy, you may be wondering how you can get started on shopping for a plan that suits your needs and finances as well.
When shopping for health insurance, remember that higher premiums do not mean a better coverage. Assess your health and wellness needs before anything else. By becoming aware of the health care products and services that you need, you will get more savings while enjoying peace of mind that you are adequately covered by your health insurance plan.

The first step that potential customers need to do is perform comparison shopping. By entering your zip code on the space provided above, we will provide you with a comprehensive list of insurance companies and health insurance quotes. These health insurance premium rates are displayed side by side so you can immediately check as to which is the most affordable insurance policy that delivers maximum coverage.