Importance of Health Insurance and Why You Must Get It

Health insurance is a contract between an insurer and an insured in which the health insurance company agrees to pay a portion of a covered person’s medical costs in exchange for a monthly premium.

Health insurance typically covers doctor visits, hospital stays, prescription drug costs, and other essential health benefits. It also includes preventive care such as annual vaccinations and screenings, all of which can help keep you healthy and avoid costly medical emergencies.

Health Insurance and Why You Must Get It

The Importance of is that it provides a safety net that prevents medical bills from crushing people when they are sick or injured. Without it, they would have to take money out of savings or even file for bankruptcy if faced with a major illness or injury. Fortunately, it is relatively inexpensive to purchase a plan that covers both minor and major health-related expenses.

While a lot of people zero in on the monthly premium when shopping for a health insurance plan, it is important to look at the total cost of the policy, including deductibles and copayments. It is also important to look at the scope of coverage as some plans have restrictions and limitations that may affect your ability to use them if you are seeking treatment for a specific condition.

The healthcare landscape is complex and changing rapidly, but everyone should be familiar with their options for getting affordable and comprehensive health coverage. Whether they work for an employer that offers it as part of the benefits package or they have access to a state health insurance marketplace, consumers should consider all their options when shopping for a health insurance plan.

Why You Must Have Health Insurance

Everyone needs to have health insurance. A recent study found that nonelderly adults who didn’t have health insurance were twice as likely to struggle with paying medical bills than those who did have coverage. The costs of serious illnesses like heart attacks and strokes can be staggering, and the costs of treating these conditions are on the rise. Health insurance can cover some or all of the costs of a catastrophic illness, and as of January 2014, all Americans are required by law to have health insurance or pay a penalty.

Having a high-quality health insurance plan makes sense for anyone who wants to protect themselves from the financial repercussions of an illness or accident that could easily drain savings or cause them to declare bankruptcy. It connects people with a regular source of healthcare, helps them spot illnesses and diseases early on, and reduces the stigma associated with not having insurance.

If you’re not sure what your options are for obtaining affordable and comprehensive health coverage, contact Resolve’s team of experienced agents who can help find a plan that works best for you. We can help you make the right choice and explain all the ins and outs of health insurance, so you can be confident that your family is protected. Contact us today to schedule a free consultation. We look forward to hearing from you.

An all-inclusive policy

Hospitalization, surgery, doctor visits, prescription medications, laboratory tests, and more are often covered by health insurance policies. Mental health services, maternity care, rehabilitation, and alternative therapies may also be covered, depending on the policy. When you have comprehensive coverage, you are protected against a variety of health-related expenses.

Managing risks

An unexpected illness or accident can have devastating financial consequences. Having a larger pool of insured individuals helps you manage these risks effectively. You can protect yourself from significant financial strain by paying regular premiums to the insurance company, which transfers the risk of high medical expenses to them.

The right care at the right time

Medical attention can be sought promptly and without hesitation when you have health insurance. When you have insurance, you are less likely to delay or avoid seeking necessary healthcare due to financial concerns. A better quality of life and better health outcomes can result from this.

Catastrophic expense protection

Surgical procedures, chemotherapy, or long-term hospital stays can result in very high medical bills. Health insurance protects you from such catastrophic expenses by limiting your out-of-pocket expenses or providing coverage for major medical events. You will be able to focus on your recovery rather than worry about medical debt because of this.

A feeling of peace

It gives you a sense of security and peace of mind to know that you have health insurance. In uncertain times, it provides a safety net and provides confidence in navigating the healthcare system. If you have health insurance, you can rest assured that you are financially protected, regardless of whether you need it for routine care or an unexpected emergency.


Health insurance provides financial protection, access to quality healthcare, comprehensive coverage, risk management, timely care, protection against catastrophic expenses, and peace of mind. A health insurance policy protects your well-being and ensures you can receive the necessary medical care without compromising your finances.

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