Health insurance gives you access to medical care when you need it, and can help cover the costs of expensive treatments. Imagine being in the middle of a fit after an intense workout only to realize that you didn't set up your insurance policy.
Having coverage through your employer is ideal if you work in a company with a Medical Expenses Assurance. However, so many people are working freelance and have no choice but to be uninsured because they cannot afford it.
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Here are some of the benefits of health insurance:
–You can get timely help if you have a health problem.
–If you get sick, health insurance can help pay for medical bills and other expenses related to your illness.
–It can protect you financially if you become injured or fall ill.
–It can provide coverage for children who are not covered by their parents' insurance.
–It may also cover preventive care, such as screenings and checkups.
The biggest expense is the premiums. You should calculate the total annual cost of your health insurance plan and compare it to how much money you make. If you make less than a certain amount, you may qualify for subsidies.
These help people with lower incomes pay for their insurance and are available through the government or employers. Many people decide to go with an HMO instead of a PPO because they don't want to pay doctors' bills out of pocket.