If you were like me in your 20’s (or maybe you’re in your 20’s now) you had little use for health insurance˳ I remember thinking I’ll pay the $33 a week deduction from my paycheck just in case, but if they ever raise the price much more than that I’m not giving them another dime˳ It just so happened that I worked for a major bank and they were able to keep premiums pretty level for my whole 6 year career with them˳ Still I paid in more (and they paid in much much more) over the years than I got out of it˳ I honestly do not believe that I went to the doctor more than twice in my six years of group coverage˳
When I was 30 I decided I wanted more freedom in my work schedule and instead of selling investments and insurance through the bank, I was going to sell health insurance on my own˳ I knew I was going to need health insurance, “just in case”, heck, that was my primary product now˳ However, given my past experiences with health insurance I was not in any rush to get a new policy˳ After about 2 weeks in my new job I applied for health insurance˳ This was before Obama Care (ACA) and it typically took 1 to 3 weeks to get approved for new health insurance˳ About a week after applying I was in a terrible accident˳ The only thing I remember in the ambulance is the medic asking if I had health insurance˳ After saying no they took me to the county hospital where I stayed for 4 and a half days˳ 2 months later, lost commissions and a $72,000 hospital bill, I was ready to start working again with a story to warn others about the dangers of not having health insurance˳ The one time I really needed health insurance and I didn’t have it˳
I may not have had my medical bills covered, but one thing I always mention to my customers is how well my accident plan paid off for me˳ I had made one payment of $4˳80 on the policy˳ Two weeks after getting out of the hospital I received a check for over $10,000˳ Had my health policy been approved I would have been able to pay off my deductible and leave several thousand in my pocket to continue to “put food on the table” and pay the everyday bills˳ I’m very grateful for the accident policy, but the moral of the story is a good health plan is something that will both pay you and the doctor˳ Don’t wait too long to apply for health coverage, you don’t want any gaps in coverage˳
Even if you’re just between jobs, waiting for group coverage to kick in or just haven’t been responsible on that front in the past, get something˳ It doesn’t have to cost a lot˳ It can be a high deductible $60 term plan˳ I’d rather have to work out payments for a 7,500 deductible term plan than a $72,000 hospital bill˳ Don’t go one day without health coverage˳
Source by https://ezinearticles˳com/?Health-Insurance-Horror&id=9667023
