Why to get Health Insurance & what are its Benefits

what are health insurance benefits


Health is the most valuable asset of all. You may not realize that a trip to the hospital can be much more costly than you might expect. So to protect yourself and your family from the high cost of health care, health insurance is essential in today’s time. Health insurance is all about – covering the expenses that come with preventing illness and staying healthy, and being prepared for the worst that could happen.


  1. Ambulatory patient services (outpatient care you get without being admitted to a hospital)
  2. Emergency services
  3. Hospitalization
  4. Maternity and newborn care
  5. Mental health and substance use disorder services, including behavioral health treatments.
  6. Prescription drugs
  7. Rehabilitative and habilitative services and devices (services and devices to help people with injuries, disabilities, or chronic conditions gain or recover mental and physical skills)
  8. Laboratory services
  9. Preventive and wellness services and chronic disease management


GET THE CARE YOU NEED: The sad fact is that many people who do not have health insurance simply don’t get the medical care they need. It may be because they don’t have access to the best resources. One of the key benefits of health insurance is access to a large network of doctors and hospitals, as well as other handy resources to help you stay healthy.

PROTECTS YOU FROM HIGH COSTS: Everybody need medical care at some point. Health insurance covers these costs and protects you from very high expenses. Medical emergency can strike anyone, anytime leaving you devastated emotionally as well

as financially. Though one cannot provide coverage for emotional loss, financial losses during a medical emergency can be certainly covered with a health insurance policy. Simply put a health insurance policy provides financial security to individuals during the most critical time when he/she requires funds for survival.

PEACE OF MIND AND LESS STRESS DURING A TOUGH TIME BECAUSE YOU KNOW YOU ARE COVERED: Health insurance provides a financial helping hand and assures complete peace of mind for the insured and his family. There is no need to shell your hard earned money as medical expenses. Also depending upon the generosity of your friends and relatives during such trying times might just prove to be a costly affair.

TAX BENEFITS. The government has introduced impressive tax benefits on health insurance under sec. 80D of the IT Act on premium paid for a health insurance policy.

PREVENTION. One of the most significant advantages of having health insurance is the ability to prevent diseases through early detection and doctor recommended lifestyle changes. This prevention not only keeps citizens healthier, but it also saves money on the expense of the health care that would otherwise be required to deal with the problem when it arises.

HAVING A HEALTH PLAN IS SMART. When you have a health plan, you’ll also be more likely to get routine checkups and preventive care which helps you stay healthy.

The bottom line is that with a good health insurance plan, you can protect the health and financial future of you and your family for a lifetime. With the new opportunities to get insurance that you can afford, it doesn’t make sense to take a risk and go without insurance.

Source: www.bimadeals.com

Category: Credit

Similar articles: