Importance Of Health Insurance
This will shield your savings from sudden shocks of medical treatments.
Importance of health insurance - It has come to be regarded as a prerequisite for optimum socio economic development of man. Ageing is a natural phenomenon and the human body becomes vulnerable to all kinds of diseases as it ages. It is then that the importance of health insurance comes into the picture.
Uninsured people receive less medical care and less timely care they have worse health outcomes and lack of insurance is a fiscal burden for them and their families. Safety net care from hospitals and clinics improves access to care but does not fully. Health care as a right of every individual has been recognized in many countries.
The importance of health in personal life cannot be minimized. A study jointly conducted by max bupa and nielsen in 2014 15 which covered 1500 consumers revealed that 70 of the respondents felt that health insurance was more important than life insurance. 60 of the consumers were aware that health cover provided by the employer may prove to be inadequate.
Thus insurance plays a crucial role in sustainable growth of an economy. Why bother with health insurance. This thanksgiving give yourself the peace of mind that comes with having health insurance.
By paying a small amount of premium to the insurer you can take a cover under a comprehensive health insurance plan. The importance of health insurance cannot be undermined in today s day and age. Today health insurance expert mahavir chopra takes us through the a z of health insurance.
Staying healthy is important. Moreover the benefits of expanding coverage outweigh the costs for added services. This importance is multiplied in case of the elderly.
Health insurance importance and benefits of health insurance in your life. Health insurance ensures that undergoing long term treatment does not throw a family into dire financial straits. Health insurance provides financial protection in case you have a serious accident or illness.
Fortunately there is health insurance. Having health insurance is important for several reasons. Health insurance provides us with the ability to afford better healthcare facilities for ourselves and our loved ones.
What s more you can also enjoy tax benefits. A medical insurance considered essential in managing risk in health. Insurance enables to mitigate loss financial stability and promotes trade and commerce activities those results into economic growth and development.
