Health insurance is the perfect example to compliment the saying ‘It is better to be safe than sorry’. None of us are invincible and hence, there is a definite chance for accidents to happen every minute. Thus, it is better to be prepared through a health insurance than to later lament the holes dug in our pockets by huge hospital bills. In this article we have explored the biggest reasons as to why you should sign up for health insurance.
1: Health insurance ensures that you have financial support should you need immediate medical care. Without it many of us might not be able to afford hospital bills and will have to rely on loans which can leave us in debt for a long time. Medical treatment is expensive and it is hence a much better option to rely on insurance rather than your own personal funds.
2: If you have health insurance, there is a bigger chance that you will consult your doctor
much before your condition deteriorates and treatment becomes even more expensive. Quicker diagnoses means more effective and cheaper treatment. It was found that patients of diabetes who have health insurance have a lower mortality rate than those who don’t.
3: If you are a student, it is important to know that many colleges, programs and other courses abroad refuse to
accept a student without proof of health insurance.
4: All health insurance plans cover certain important medical requirements such as hospitalisation, emergency services, ambulance services, lab services, maternity care, mental health care, prescription drugs, rehabilitative services etc. In short, most of the medical help you may need is covered under a health insurance.
6: Having a health insurance helps to negotiate much better deals with your hospitals and doctors. While getting insurance might sound an expensive affair at first, it actually saves you a lot of money in the long run for it helps you avail quality treatment without worrying about the cost. Further, now because there are so many insurance plans existing in the market, most insurance companies are trying to keep their rates low to attract more customers and retain the ones that they already have.