Why should I buy health insurance?
There are many reasons why you should have health insurance.
Health insurance provides you with financial security. No one plans to become sick or injured, but at one time or another we all need healthcare. When that happens, health insurance protects you from high, unexpected medical costs. Also, when you receive care from an in-network provider, the cost of your care is often discounted – meaning you pay less for that care than you would if you didn’t have coverage or sought care from an out-of-network provider.
Health insurance coverage can also help you stay healthy. All insurance plans must provide preventive care at no cost to you – even if you haven’t yet satisfied your deductible. This means you can get recommended immunizations and screenings for free if you see an in-network provider.
Lastly, health insurance might be less expensive than you think. Many employers offer subsidized coverage to their employees (and sometimes dependents) to help make the cost of coverage more affordable. And if you have to purchase your insurance directly, you may be eligible for financial assistance to help you pay for it. Under the Affordable Care Act, if you don’t have health coverage, you may have to pay a fee that applies to most people who choose to go without health coverage. This is often called the “individual mandate.”
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