No matter what age, lifestyle, or career, taking care of health should be everyone’s priority. However, maintaining good health is easier said than done. The temptation of unhealthy foods, the challenge of stress, and preventing a stationary lifestyle is a strenuous task that needs dedication and more effort. As such, it puts off everyone to keep up with a healthy routine.
Moreover, being in a tip-top shape does not only depend on those factors as the environment we live in is also playing a significant role in posing a threat to one’s health, particularly the on-going coronavirus pandemic that brought about the need to take extra care of one’s health. Considering our current situation and all the obstructions happening today, anyone would want to persistently seek tranquility. Besides, getting sick is out of everyone’s control. The threat of uncertainty for illnesses and accidents tend to impede one’s comfort and happiness in life as well as hampers the possibilities of adventure. To prevent feeling anxious and worried about the future, maybe it’s time to purchase a healthcare plan and achieve that serenity and contentment you always wanted. Keep scrolling to understand why you need to have a proper healthcare plan and how it can help give you peace of mind.
What Is A Healthcare Plan?
A healthcare plan is not cheap, and many people in their 20s may feel tempted to go without coverage, especially if they never get sick. When you seldom see a doctor, and if you’re struggling financially, you may decide to just cut the healthcare plan completely from your budget.
You may be thinking of just paying medical expenses as you go rather than spending money on the insurance premiums and worrying about copayments on the way. However, this could be burdensome if you had an accident, have a serious illness, or an ongoing health condition because the costs can become very high in a very short amount of time. Bear in mind that medical emergencies are extremely costly. If you have the misfortune of going through a medical emergency without a healthcare plan, you’ll just find yourself with a crippling sum of medical debt, and purportedly no way out of that mess. While the government already addressed the issue of the confusing costs of healthcare through the healthcare price transparency rule, it is still deemed necessary to always have some form of a healthcare plan.
Then again, there are many factors that you need to consider before having a healthcare plan. If you’re planning to get an insurance plan but feel unsure about what coverage fits your need, you can ask yourself these questions: How’s your health? How often do you go to the doctor? What current options do you have? What are your priorities? What are your coverage needs? Have you gotten an expert opinion?
How A Proper Healthcare Plan Can Give You Peace Of Mind?
Here are some of the reasons why a proper healthcare plan is an excellent investment for peace of mind.
Protects You From Unexpected High Costs
Based on the report of Kasasa, the following are the average price of unexpected healthcare without insurance:
- A hospital charge averages $3,949 per day, with each stay, equating to $15,734
- A visit to the emergency room can be priced at anywhere from $150 to $3,000, excluding lab fees, tests, and other services.
- The average value of cancer surgery ranges from around $14,000 to over $39,000
- Curing a broken leg can cost up to $7,500
Considering that it’s impossible to keep clear of accidents and diseases, many people are concerned about how much they have to pay if they require hospitalization or fall ill. The best way to keep expenses low and predictable is by enrolling in a healthcare plan. Although a healthcare plan does not guarantee a cure, it does protect people from financial ruin deriving from hospital bills and other medical benefits.
Besides being a means for financing, a healthcare plan also accommodates several benefits such as annual consultation and check-ups with medical professionals–thereby saving you from catching possible illnesses at the onset.
Preserve Your Savings
We have all grown up with the saying, “Health is wealth,” which recapitulates the belief that living a healthy life is a luxury in this world. Although this adage has often helped one to protect wellness, it has done little for one to understand the true financial dynamics of health. Whether it is tackling an illness or staying fit, we normally put little or no thought into it. For the most part, we have been accustomed to having an optimistic approach that being careful means nothing bad will happen. But we fail to take into account the high healthcare costs and your savings might not suffice for the many issues you and your family may have to face.
Without proper coverage, lifelong savings may all go to medications, doctor fees, hospital bills, and other services needed for recovery. That being the case, may affect the long-term plans people have in store for the future, and when the urgency for financial coverage arises, it can be distressing for an individual. On the contrary, choosing the right healthcare plan, not only covers your hospital fees in case of variability but also addresses the pre-and-post-hospitalization expenses. Moreover, the basic cover will also include your family and will assure that bills will be the last thing on your mind at the time of emergency.
Provides Coverage for Critical Illnesses
The treatment cost of life-threatening illnesses demands large sums of money, involving extensive healthcare. Without adequate savings or emergency funds, it could leave a patient with expensive medical bills, and it could cause a tremendous burden to pay these bills out of one’s pocket.
Luckily, several healthcare plans offer critical illness insurance. In the event of a great health emergency, such as heart attack, cancer, stroke, or organ transplants, Critical Illness Insurance could save an individual from financial devastation. This insurance can be used for a variety of things such as treatment not covered by a traditional policy, critical medical services that might otherwise be unavailable, daily living expenses, transportation expenses, and those in need of a restful place to recover can use the funds to take a vacation.
It will not be unsettling to find out-of-pocket or cash payments during hospitalization. Various insurance providers settle the necessary expenses on the policy holder’s behalf and collaborate with multiple hospital networks–which remove the hassles of having to pay in cash at the time of need. Needless to say, availing of this benefit requires getting admitted to the network hospitals of the insurers. Keep in mind that there are few limitations to this policy. Before purchasing the policy, make sure to read the documents carefully to be aware of the terms and conditions specified.
Many factors have an extreme impact in the modern world that may lead to critical health conditions and significant illnesses. Healthcare plans are there for the unexpected, unpredictable, and mostly uncontrollable issues that come up in everyone’s lives. Knowing that you have protection against these dreadful circumstances can give comfort and offer tranquility, not just for yourself but also for your family.