The Drawbacks Of Not Having Health Insurance

Of all the important things that you have to deal with on a daily basis, your health should be one of your top priorities. You may be too focused on your career that you forget other things that also matter. When it comes to your health, you need to make sure that you are covered in case you get sick. If you do not have a health insurance plan yet, look at health insurance quotes in Miami so you’ll have an idea of how much it’ll cost.

The Drawbacks Of Not Having Health Insurance

While it is true that a lot of people go without health insurance, there are definitely consequences to not having a policy in place. It will not only have an impact on your health, but also on your finances.

  • You may have limited access to quality care.

When you get sick and require medical care, wouldn’t you want to be given the best care possible? If you do not have health insurance, you may have to wait a while before you can see a doctor, unless it’s an emergency. That is because health care providers prioritize those who have insurance.

Most of the time, people who do not have health insurance just avoid seeking medical attention because of the expenses. They skip preventive care, such as checkups and routine exams to avoid the costs. Because of putting off or entirely skipping these important things, there is the risk of not catching a potential illness earlier. If you let this happen to you, a minor illness can become a serious one because of delayed diagnosis and treatment.

  • You may suffer from increased debt and face financial problems.

Because people who have no health insurance choose to defer medical treatment, their health problems may worsen. As a result, they tend to miss work often and that means loss of earnings. When they seek medical care, they often pay more which can lead to more medical expenses. It can eventually affect their household finances and result to a significant amount of debt. One study showed that the number one reason why people file for bankruptcy are medical bills.

  • You have to pay for tax penalties.

The Affordable Care Act, also known as Obamacare, stipulates that everyone must be enrolled in a health care plan. Those who are uninsured will pay a tax penalty unless they quality for exemptions. The penalty may only be a small percentage of your income but still, it could have been avoided and used for more important things such as paying for your health insurance.

There are more benefits of having health insurance than you can think of. Think about your family who needs you and also needs access to quality health care. Do not put yourself at risk of having medical and financial burdens. Start looking at health insurance quotes and get yourself and your family insured before it gets too late.



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