We all know we need health insurance, we have seen the devastating financial situations that not having health insurance can do to you, your friends or your family. What about you though, who is taking care of you and your family when a major medical issue or accident strikes? It’s a good thing to have your medical bills paid, but what about the every day things like putting food on the table or paying the mortgage or rent? What protection do you have? Fortunately, you don’t have to spend a lot of money to get the coverage that you need, let me explain.
Flaw in Health Insurance
You need to have insurance to pay your medical bills, that’s a given. However, as an agent one of the things that I point out to virtually anyone that I sit down with, is that health insurance, no matter who the company is, is flawed. It only does certain things. It typically helps with wellness, and doctors visits, and prescriptions and if something big happens like having surgery or going into the hospital. What that insurance plan does, is it makes sure that the doctors and the hospital get their portion of what that plan pays. The problem is, you are still left with huge gaps. Things that if something serious happened to you could still leave you with devastating out of pocket expense.
Bankruptcy
I think most people know that most bankruptcies in America are due to medical bills. The scary thing about that statistic is that of all the bankruptcies that happen due to medical bills, 78% of those people actually had health insurance in place. That is ludicrous to me. The whole reason that I get health insurance is so that I’ll never be in that place. Consider other options.
Pay Yourself
Yes, you do need health insurance, but who takes care of you? Look at getting a supplement to pay you while you are out of work. They are inexpensive and they could save your home and family from an unfortunate situation.
