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Medical Insurance and the Uninsured

Todays Date: November 15, 2018

Medical insurance is something that everybody should have in today’s world. The growing cost of seeking care from a health professional, urgent care center, or a hospital makes it financially dangerous for anyone to live without some type of health care insurance coverage.

Research has shown that nearly 40 million people in the US are currently without health insurance. Many either work for an employer who does not offer a health care plan, are self employed, or work part-time and are not eligible for medical coverage from their employer. These people are at a major financial risk and are an accident or illness away from potential financial ruin.

There is a large segment of working Americans who are now being forced to turn down the coverage offered to them through their employer. The cost of the coverage is more than they can afford to pay with little options for reduced coverage plans.

The unemployed, self-employed, and part time workers simply do not earn enough money to afford a good health insurance plan. Many despite working or drawing unemployment can afford private health insurance or COBRA or can’t get coverage due to pre-existing conditions. It is estimated that nearly 15% of the United States population currently is without medical insurance of any kind.

It is too early to determine what the long term results may be of this trend in uninsured Americans. Seeing that young children are not getting regular health care, there may be lasting effects both medically and in how health care is viewed when these children become adults.

Needless to say, everyone should obtain some form of health insurance. At some point everyone will need medical care from a hospital or a their family doctor.

Closing Comments

The 80 million uninsured Americans have options for acquiring health insurance, many just don’t know where to look or who to ask help from. Many carriers now offer high deductible plans and health savings accounts that don’t require employer participation to get.

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