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Why should people buy health insurance?

Updated: 8/16/2019
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Wiki User

18y ago

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Insurance is a little like gambling. You're taking action based on the odds something might or might not happen. You might pay insurance premiums for years and never need it. Then again, you may fall off a roof and need $57,000 worth of specialized medical care. If you have that kind of money laying around, you might not need insurance too badly. If you're like the rest of us, you'll take a $500 deductable payment over the total cost of a hospital bill any day. Insurance usually allows you to maintain checks on your general health as well. Depending on coverage, annual physicals and other diagnostic tests may be free or cost very little. Prescription medications - perhaps the most grossly overpriced product in America today - often cost much less as well.

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18y ago
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Q: Why should people buy health insurance?
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Buy health insurance. Don't be a taker


How many people who can afford health insurance choose not to buy it?

only people who love money A LOT


When should you buy private medical insurance?

You should buy private medical insurance at any time that it works for you. As health care expenses soar, companies are shifting a large percentage to their workers.


Where can I get health insurance qoutes?

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Can an employer make you take health insurance if you already have insurance with your parent?

Some companies get better insurance rates if they require all employees to buy health insurance. IT is cheaper because the insurance company is not covering just the people that need it or use it.


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No. Please see the related link.


Where can university students buy health insurance in Seattle?

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Which of these types of health insurance can you buy through a private insurance company?

a managed health care plan


Should you buy private health insurance through a broker or directly?

Most people will advise you to purchase your private health insurance directly. The addition of broker fees will most likely be more than any money you would have saved over just going direct.


Why might a person choose to buy individual health insurance?

any thing can happen so you want to be prepared what if you got into a car accident you don't want to be a fool and not have health insurance Health insurance really important to have you hardly her "I don't have health insurance" right like who says that? Now think why do people have health insurance if that doesn't help think of other insurance their all similar in same ways.


What should I know before I buy an individual health insurance plan?

the best way to buy health insurance is online and the plan which allow you to visit any doctor you would like without being restrained in some network. they should not only be providing the the basic care but should also be giving good coverage on treatments.


Why should one buy dental insurance?

You should purchase dental insurance because health insurance doesn't typically cover teeth. Many common dental procedures cost well over $1000, so having insurance is a must.