March 22, 2018
Written by Licensed Health Advisor, Lindsey M. Tieken
Congratulations! Age and health history are the first major hurdles people have to face when purchasing insurance. Being young and healthy will do nothing but improve your chances of spending as little as possible for health and life insurance, and there will never be more options for you than there are right now!
ACA Compliant Plans offer coverage for everyday things that you may not expect. Need a physical for school or work? Free! Need your annual pap smear? Free! Need a preventive mammogram or colonoscopy? Free! Having these tests regularly are a HUGE component to maintaining your health and discovering potentially life threatening illnesses early enough to be treated. The cervical cancer death rate alone declined by more than 50% over the last 30 years, and this has been attributed to access to regular screenings. Another important component of these plans is that they are required to cover mental health needs. Access to a variety of therapy options is an increasingly valuable benefit considering 56% of American adults are living with an untreated mental illness.
Hopefully, annual exams are the only thing for which you will ever need your insurance. Unfortunately, that is usually not the case. Over 62% of Americans between the ages of 18 and 44 had medical expenses over $100 in 2013. A simple broken leg can cost up to $7,500, and a complicated illness can cost hundreds of thousands of dollars. 48.3 million Americans had problems paying their medical bills in the first six months of 2016 alone. In addition, most insurance programs will not accept new participants if you become sick. If you are diagnosed with an illness while you have no coverage it will certainly limit your healthcare options- potentially making you fully responsible for the medical expenses or lack of medical support you may encounter.
Having health insurance is the most responsible decision for your financial future. A 2015 poll done by NPR, Robert Wood Johnson Foundation, and the Harvard T.H. Chan School of Public Health found that 50% of respondents had their credit adversely affected by medical bills. This was through credit cards, loans, and even collections that lead to complete bankruptcy. It is common knowledge that having credit issues can and will limit your options on making major purchases- such as homes and cars.
The time is now to invest in your health and your financial future; don’t allow yourself to spend another day unprotected. Your wallet and your family will thank you.
If you’re ready to find a plan, give us a call at 888.788.1565 or submit a request for a quote online.