Since health insurance providers such as Blue Cross Blue Shield base the amount they charge for premiums on the amount they expect to spend each year, many people wonder if they are really getting a good deal by purchasing insurance. Of course, it may appear on the surface that you are only going to get out what you put in, but that is not really the case.
First of all, you should understand that employers pay the larger portion of health insurance costs which means that employees will benefit greatly from having good insurance coverage from a provider like Blue Cross Blue Shield. In most cases the employer pays about two-thirds of the total premium cost and sometimes even more.
Secondly, most people would not be able to pay for health care if they were to develop a serious condition, such as cancer or if they had a sudden heart attack. Treatments and surgeries for these types of illnesses would bankrupt even those with a really good income and the middle and lower classes just wouldn't be able to get help at all. Health insurance helps balance the burden so that all members can get the treatment they need to stay alive and healthy. Plus, did you know that your auto insurance rates go down if you have good health insurance?
Blue Cross Blue Shield, like many health insurance providers, is also taking steps to educate their members on how taking small steps to stay healthier can help them avoid serious illnesses and injuries and reduce the cost of healthcare for everyone. Keeping costs low helps more people afford health insurance and leads to a healthier society.
There is nothing more valuable than your health and that is why it is very important to have health insurance. When you are paying for health insurance you are more likely to get routine physicals and go to the doctor when you really need it. Doing those things can save your health and even your life.