If you had a dollar for every person you met who said life insurance was a waste of money, you could likely retire early and live quite comfortably. The irony of this is that those same people who think life insurance isn’t worth spending money on are the same people who worry about how their family will be taken care of if they suddenly die. How will the kids go to college? How will the wife raise the children alone and work full-time?
Consider the case of Joe Average, a dyed-in-the-wool life insurance nay-sayer. He refused to buy insurance, even though he had two young children and a stay-at-home wife. His life was the way he wanted it. He figured he would just save the money he would pay out in life insurance for the kid’s college fund.
On the way to work one day, his car was hit by an 18-wheeler. He was pronounced dead at the scene. He left behind no life insurance. His family had no financial cushion to help them. The wife had to go back to work. The kids had to stay with relatives and the family home went into foreclosure. Is this what you would want to happen to your family if you were killed and had no life insurance in place? Life insurance is necessary, for the love and protection of your family.
This is an ironic story, about a man who figured he did not need health insurance. He was big. He was tough. He worked hard as a logger and was in great shape. He was lean, mean and knew a thing or two about felling huge trees so no one got hurt. He was good at his job, which made him job supervisor at the logging camp. He was always healthy, always on the go and always in great spirits. He loved teaching newbies how to cut trees down the right way.
One day, a newbie did not pay attention to what he was told. The tree he was working on fell the wrong way, right on top of the man who did not need health insurance, that healthy, active, logging supervisor. He was airlifted to the nearest hospital in critical condition with blunt force trauma injuries to the head and abdomen. His pelvis was crushed and he faced a possible leg amputation.
The supervisor did not get out of hospital for eight long and brutal months. He survived. His life could be pulled back together again. But could he pay for his medical care without insurance? No. It’s not about being too strong or healthy to need insurance. You need insurance for the events and illnesses you cannot plan for.
What would you do in a similar situation if you did not have health insurance to help defray expenses? Maybe it’s time to go online and find an affordable health insurance plan.
While we get that you do not have health insurance because you feel you cannot afford it, the better questions are: Can you afford to lose everything you have ever worked for? Can you afford to lose your house? Your car? Your health? Can you afford to pay a medical bill that amounts to about two- to three-years salary?
If you answer “no” to any of those questions, then it’s time to get health insurance, no matter what else you may have to do without. You cannot do without your health. You cannot do with a house, which you may lose if you don’t pay medical bills you racked up when you broke your leg, or sustained some other kind of serious injury requiring medical care. You cannot afford to be without health insurance. Your health is the whole key to living your life the way you want to live it.
If your house, car and boat are insured, then why aren’t you?
You know that you want to protect your family if something were to happen to you. You start looking around online for some decent life insurance quotes. There are some really nice deals out there. In fact, you like the price of the one you found being offered by a very large national company in California. But you live in New Hampshire.
Well, it doesn’t matter, does it? Life insurance is life insurance —- same difference. Why not get the really inexpensive plan that you found? There are several reasons for not buying that really cheap plan that you found. The biggest reason is that you have no idea if it is designed to do what you want it to do. Most people do not read their insurance policies and many buy the least expensive one that they can find. Then they find out later it did not cover what they think it did. They were paying out good money for zero coverage and their beneficiaries are left holding the bag later.
You would not go cheap on house insurance to protect where you live. Why would you go cheap to protect your life? What you buy has a direct impact on the later events of your family’s life. Life insurance is to protect what you love the most. Buy what you need to accomplish that. It’s what really counts.
There are times in one’s life where things are completely up in the air. You just graduated and are looking for a job. You found a new job, but have to move clear across the country for the position. You just finished up with one employment situation and are looking for another. So what do you do for health insurance?
One of the things you might want to check out to ensure that you are covered in case something happens, is short-term health insurance. It is also referred to as catastrophic insurance and covers just about everything, including the kitchen sink. Keep in mind, though, that it is for people who do not have pre-existing conditions. This is why is it reasonably-priced and you can get signed up and get coverage in as little as 24 hours.
It’s never a good idea to go without protecting your health. If you fall, sustain a serious sports injury or even get into an accident, no insurance means huge bills. Huge bills may mean serious financial trouble for you.
Predators hoping to fleece seniors are sending them bills for medical services they never received, double-billing them for the same service, or selling them policies that are worthless. Many seniors do not always recall the details of their health insurance. They are only interested in the fact that it works for them.
If some successful scammer comes along and makes a good case for buying another health insurance policy because it is cheaper, they may well get customers signing up. Who doesn’t want to save money these days, whether they are older or not? The problem lies in buying a cheap policy that sounds absolutely perfect. It usually isn’t absolutely perfect. In fact, it may be worthless and when a customer goes to use it, they find out they are not covered and their documents are fake.
Even if it pains you to think about reading insurance jargon, know your health insurance policy and what it does and dies not offer. If you know what you have and how much you pay, you cannot be scammed into taking something that only sounds good thanks to empty promises.
The resources of our health care system are limited in many ways. This isn’t a great surprise, given how many people use it, sometimes on a daily basis. The costs are still escalating and it isn’t going to slow down unless there are some top-down solutions.
ERs in most major cities are packed with people who should be dealing with a General Practitioner, not emergency room doctors. The people using ERs are typically those without health insurance. Find a way to provide health insurance coverage for them, and other segments of society who are uninsured and you just may have a solution to rising costs, and overcrowded waiting rooms at hospitals, etc. It will be interesting to see what health reform will do for crowded hospital waiting rooms.
The more we abuse the health care system, the more it suffers with physician burn-out, ever-increasing numbers of incidents of medical malpractice, and out-of-control costs. It’s time we took responsibility for our own health care.
Although many Americans are aware that the cost of health care in the nation is quite high, they don’t have a really good sense of what the definition of quite high happens to be. “High” to some people is paying $200 for see a doctor. Little do they know that if they show up at a hospital needing emergency care for something serious, like a broken arm, that high could mean up to $25,000.
If you have health insurance, the cost would not be that high, and you would stand a fair chance of paying of the rest of the bill in due time. If you don’t have health insurance, you have very few options other than borrow, and most banks will not loan money to pay medical bills, or get funds from family or friends, but who else has $25,000 just hanging around in the bank?
Think about what would happen if you were suddenly handed a bill for medical care and you did not have insurance. It’s a pretty grim picture. It might be time to rethink not having health insurance, even if you have to scrimp to pay the premiums.
A health insurance policy is a health insurance policy – period. Right? They’re all the same and it does not matter where you get one. Yes and no. It actually does matter where you buy your health insurance: locally or globally. The difference being that local health insurance would be within the nation/state and globally would be the kind of insurance you need if you travel.
There are, though, some differences in policies from state to state. The backbone of the same policies remain the same, with stated differences. You need to pay attention to what is in your policy and where you buy it before assuming you are covered for everything you want.
Many people don’t understand that if they buy an insurance policy from a nationwide insurer, one of the mega-giants that can afford to sell less expensive polices because of the number they sell, that company has no idea what the local conditions are in your area. If you live in rural New Mexico and the insurer is in Montana, you might as well be on a different planet if you have to file a claim. Try to stay local. The agents can fill you in with all the details that you need to know.
There are a many heated discussions across the nation about health reform in 2014. What will happen? How will people get what they want? What if they do not want health insurance? What if they do not pay for it? How will the government enforce the fine for those who do not have health insurance? How will they pay the fine if they can’t pay for lower-priced health insurance?
There is no doubt about it — health reform is a contentious subject. What people don’t seem to realize is that no matter how you feel about it now, or in the future, you still do need health insurance. It’s simple. To protect your health, on a continuous basis, you need health insurance. If you end up needing medical care and have no insurance, there is a good chance you will end up bankrupt trying to pay the doctor’s bill.
It’s a vicious circle for many Americans, but one they must try and tackle, for their health.
