Why Do People Buy Health Insurance Policies?

1
Why Do People Buy Health Insurance Policies?

• The health insurance schemes are popular among
  smaller to large businesses, to every household. 

2
Essentials in Health Insurance 
Prepayment and risk pooling individuals or
families pay when they are capable and healthy.
When they are affected by the illness, the
insurance funds can be used for their healthcare
requirements. 

Health insurance functions when a number of
policies are enrolled. With large numbers,
chances of adverse effects are diminished. 
You should get involved in a successful health
insurance programme and contribute a part of your
income for a tension-free future. 
The contributions will help you directly and
others who need support.  
3
Basic Elements In Health Insurance
To protect the households from high medical
expenses in the USA at the time of illness. 
To increase the access of healthcare needs and
supplies. 
Health insurance policies are the ticket to
healthcare and the crucial mechanism to finance
healthcare.
The policies protect your savings, avoiding
debts, and miseries. 
4
Eligibility for Health Insurance Policies
You must be enrolled in Medicare Part A and B. 
You should be a resident of a state where the
insurance is provided. 
You must be 65 or older. Otherwise, you should
have a  qualifying disability or Lou Gehrigs
Disease or End-Stage Renal Disease (ESRD).