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Illness is never something you expect or plan to happen. It can come out of nowhere and cause financial stress when you don’t have access to the right financial support. Even with a healthy lifestyle, you may need medical care sometime in your life. Be proactive about your health insurance, and make sure you’re covered before you get sick. Prepare, financial backup just in case to make sure you are covered.
It Provides the Support You Need if You Ever Fall Ill
Health insurance plans are a safety net financially and physically. Insurance covers costs so you don’t have to pay for care completely out of pocket. Covered care depends on your individual plan, but can range from annual physicals, prescription medications, lab work, etc. Knowing you have support provides reassurance because you don’t want to deal with medical bills when you are sick or injured.
With insurance, you are paying less out of pocket than you would without it. Even before a deductible, you pay less out of pocket for in-network care than without insurance. Another benefit is that coverage helps you steer through potential medical billing confusion.
For a patient without insurance, an annual physical alone can cost $199, whereas this visit is covered by insurance. Fiscally, health insurance helps keep medical bills lower, and prevents the possibility for bankruptcy when paying alone without insurance.
Insurance Helps Keep You Healthy
Having health coverage provides the steps to help prevent you from falling ill in the first place. It allows you to stay up to date on your physical wellness through:
- Annual checkups
- Lab work
This all helps reduce medical costs in the long run because your healthcare team can catch underlying conditions before they become more problematic. Attending these regular checkups helps get ahead of any potential illness before they become a larger problem. You stay healthier, longer.
Why Buy Health Insurance if I’m Healthy Already?
Even healthy individuals benefit from health insurance. One of the biggest benefits of coverage is that it covers your preventative care to monitor anything that may come up that you can’t physically see or feel just yet. Uninsured individuals have worse health outcomes because they are less likely to take the preventative measures to screen for illness.
According to a report by the American Hospital Association, “Health insurance facilitates access to care and is associated with lower death rates, better health outcomes, and improved productivity.”
Having insurance creates peace of mind knowing that if you ever were in a situation that required coverage, you had it. It also benefits more than yourself. Others on your plan are able to take advantage of utilizing its services as well. You may receive a tax break when you have health insurance come tax season.
If you are looking for affordable healthcare, take a look at our options here at SBMA Benefits. We offer comprehensive coverage and a complete solution for employers who want to provide affordable benefits to their workers:
- Virtual Health
Explore our different health insurance options in-depth here.