Four reasons to buy health insurance coverage
In 2014, the Affordable Care Act (ACA) will require everyone to have health coverage, but there are many other reasons to be covered right now .
- Protects you from medical debt
Did you know an average three-day hospital stay costs $30,000? Or that mending a broken leg can cost up to $7,500?* Health insurance helps protect you from unexpected medical expenses. Many health plans also protect you from financial hardship by limiting the out-of-pocket charges for which you are responsible to pay. 41% of working age Americans either have medical bill problems or are currently paying off medical debt.*
- Saves you money on healthcare costs
If you receive healthcare without insurance, you will be responsible for 100% of the costs associated with your medical care. Insurance companies negotiate discounted rates with doctors, hospitals and specialists so you pay less for those services if you’re insured than you would if you paid on your own.
- Helps you protect and manage your health
People with health coverage are more likely to get preventive check-ups and seek treatment for little problems before they turn into serious conditions. Being able to get the care you need at the time you need it can help improve overall health. Plus, people with health coverage are less likely to smoke and more likely to exercise regularly and eat a nutritious diet than those without coverage.**
- Offers you more options when you need care
Though hospitals must accept emergency patients whether or not they have health insurance, those with coverage have access to a wider range of resources. With health coverage, you will have access to a network of doctors, specialists, and hospitals from which to choose for all of your medical needs.
* "A Profile of the Uninsured Persons in the United States," Pfizer, October 2008
** "In the U.S., Health Insurance Linked to Better Health Habits," Gallup, December 2011