How Health Insurance Can Save You Money

Health insurance is one of those things that most people know they need, but few understand how it works or how it can save them money. In short, health insurance is a way to protect yourself financially in the event of an unexpected health issue. But how does it do that?

 For starters, health insurance can help you pay for preventive care, like check-ups and screenings, which can help you avoid more serious – and more expensive – health problems down the road. Health insurance can also help you pay for necessary treatments and procedures if you do get sick or injured.

 And, perhaps most importantly, health insurance can help you manage the financial impact of a major health event. If you have health insurance and experience a significant health issue, your health insurance can help you pay for things like hospital stays, surgeries, and prescription medications.

 Without health insurance, you would be responsible for paying for all of these things yourself. And, depending on the severity of your health issue, that could mean facing tens of thousands – or even hundreds of thousands – of dollars in medical bills.

So, how does health insurance save you money? By helping you pay for the things you need to stay healthy and by protecting you from the financial devastation that can come with a major health event.