There’s no telling when illness will strike. Even if you’re healthy as a horse, serious illnesses can still descend and knock you out unexpectedly. The worst part is when you are left with a huge pile of hospital bills because your health insurance is not adequately covered in your VA employee benefits plan.
In the article, “Why Do You Need Health Insurance?”, American College of Physicians president Dr. Molly Cooke explains the need for this fundamental coverage:
Like auto insurance, health insurance is a service you pay for but hope you will never
need. It’s there for the unpredictable, unexpected and fundamentally uncontrollable
problems that come up in people’s lives.
The article adds:
You may be healthy now, but the onset of a sudden or serious illness (cancer,
diabetes, appendicitis) or a traumatic event (ski accident, car crash) can leave you
with staggering medical bills. The inability to pay high medical bills, one of the
most common reasons people file for personal bankruptcy, can ruin your credit history
and set you back for years.
Health or medical insurance is considered as one of the most important employee benefits. It allows employees to pay a minimum deductible when they visit a medical practitioner for a health concern. By providing health coverage for their employees, businesses benefit with having workers who are healthy, productive, and whose well-being are assured. Companies from Virginia with group benefits usually acquire medical, dental or vision insurance from service providers like Financial Brokerage Services to ensure that their employees obtain the health benefits they need through their insurance.
Having a good health insurance, however, isn’t just about taking care of the present. Future financial losses can also be prevented with excellent coverage especially nowadays with medical bills reaching the 6-digit figure. This is important, most especially for young people who are planning to raise a family. Georgetown University’s Center on Health Insurance Reforms research professor, Sarah Dash, explains why:
Contrary to popular belief, young adults have a need for preventive care, checkups and
chronic disease management, whether they have asthma, diabetes or another condition.
Well-woman care is critically important, too. Young women who might be thinking of
starting a family down the road need to take care of themselves in their 20s.
Companies and individuals may not think about health insurance until the outbreak of an ailment, but if research and choices are made well ahead before the service is actually needed, you can at least enjoy some peace of mind in the present, and spare yourself a great deal of emotional and financial distress someday.
(Article Excerpt and Image from Why Do You Need Health Insurance?, U.S. News & World Report, August 16, 2013)