Understanding Health Insurance in 2017

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No one, anywhere, ever wants to get sick or get hurt. But that doesn’t mean that it is never going to happen. Even those who eat extremely healthy and exercise on a regular basis still suffer like the rest of us and get the flu, or have an accident where they become injured. This is why it is so important to have health insurance because you are protected against large medical bills that could arise at any moment.

Defining Health Insurance

Health insurance is a plan that covers medical bills that you incur, including doctor visits and surgeries that you many need. Depending on the type of health insurance that you have will depend on how you pay for the services that you receive.

You might have to pay for the services out of pocket and then wait for the insurance company to reimburse you the money, or, the company could pay the entire bill and then you will have to make payments back to them to repay what they do not cover.

But no everyone has health insurance. In some countries, like the United Kingdom, health insurance is viewed as a fundamental human right and is given to every single one of their citizens. It is seen the same as the police, firefighters and public education – something that everyone is entitled to. While here in the United States we have taken a different approach to providing health care to our citizens. The U.S. has the viewpoint that it is your responsibility to carry your own health insurance.

Obama signing the Affordable Health Care ActMedical Coverage Laws

The laws surrounding health insurance have changed a lot since the beginning of the Obama administration, where his goal was to make sure that every person was offered affordable health care. No one should have to worry about how they are going to be able to afford to pay for medical treatment that they desperately need. Nor should they have to stress about the cost of getting better when they need rest. And they should be able to afford to take the medicine that they need to get better without having to make difficult decisions like whether or not they are going to have enough money for food or to pay their rent.

And because of some of the laws that the Obama administration was able to put into place, insurance companies are no longer allowed to cut patients off of medical care because they have reached their lifetime limit on services. Nor are they allowed to deny coverage to someone who has an existing issue, or charge them extra because of that.

No one ever wants to get sick, or worse, get hurt. We all want to make sure that we are healthy, and able to do the things that we want and need to do. But that isn’t always the case, and that is where having health insurance comes in handy. If you’ve got the flu and need to be seen, you can do that without paying an arm and a leg for a visit. Health insurance is an important part of how we keep ourselves healthy and keep us from being buried in medical debt when we do get hurt or sick.