Cost Of Health Insurance Essay

Cost Of Health Insurance Essay-50
And many Americans cannot afford their employer sponsored insurance given that they have a job.

And many Americans cannot afford their employer sponsored insurance given that they have a job.

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A medical insurance policy is an agreement between an insurance company and an individual which is renewable annually.

The premium amount is directly proportional to the insurance amount the client would like to be insured for.

Insurance protects you against an unfortunate incident, such as a car accident, or a major illness which might require you to be hospitalized for several months and in some cases require you to be operated on.

Both the cost of surgery and hospitalization are very expensive and more often than not more taxing than the illness itself.

Income Tax benefits under section 80 D can be availed on taking medical insurance. So when one is picking medical insurance one needs to check for the maximum facilities offered by the company and also the record of the company and its credibility.

Cost Of Health Insurance Essay Bill Gates Scholarship Essays

Family floater benefit gives you the benefit of covering a family of four for a certain premium amount against each sum insured, but in case of illness of one then the total of the sum assured of each can be utilized. The important thing is that one must invest in health insurance because there can be nothing more important than the heath and financial security of our loved ones.Not to mention there has been a steady rise in in people under 65 without health coverage.Although our nation has cutting-edge medical services and some of the best hospitals in the world, many Americans do not have access to the services they need. Whether health care is given can mean life or death for many people. uses cookies to improve performance by remembering your session ID when you navigate from page to page. Please set your browser to accept cookies to continue.This cookie stores just a session ID; no other information is captured.Accepting the NEJM cookie is necessary to use the website.A Universal Health Care System Imagine what your life would be like if you were one of the millions of Americans without medial coverage.Over 40 million Americans are currently without health care coverage for themselves and their families.More than 75% of the population avails medical care from the private agents and insurance is not a word we are willing to discuss.Although we would like to think that nothing is ever going to happen to us, the truth is, we are just as likely as the next person to be involved in a vehicle accident or have some health problem that might need medical intervention.

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