3 Reasons Why You Must Have Health Insurance These Days
We've all seen the countless debates on president Barack Obama's health care reform.
Many people are outraged by it while many praise it as the future of health care in America.
What most people fail to recognize is that the Medicare system is virtually bankrupt and for the last 10 years the problem's been swept under the carpet for the sake of more important issues.
The current government had to do something and although it affects us all in terms of health care, its effects will be felt everywhere in the post recession economy.
If you've been thinking about and contemplating getting private health insurance then maybe these few ideas will help you make your decision.
The days of health insurance being a luxury are over and its no longer the government's responsibility to look after you when you get ill.
A major contributing factor to the strain on our health care system is the fact that the baby boomer generation is entering retirement.
Along with this comes a lot of people that require health care and in many cases critical illness care.
In reality this is a massive increase in demand with a massive decrease in contribution as this generation that now needs healthcare no longer work.
The demographic shift with a lot more pensioners on the "government's books" started wearing down on the system to a point where something had to be done.
Obviously the announcement of a health care reform was met with anger from a generation that thought the government was going to look after them.
To add to the problem, the USA is currently facing a major obesity challenge that has far reaching effects on the health care system and the economy.
Obesity and diabetes is becoming an epidemic and the massive medical costs involved with this is further weighing down an already flimsy system.
So, how do you protect yourself and your family in these uncertain times? Well, first and foremost you cannot put your health care in the hands of someone else.
You and only you have to take responsibility.
Trust me, when you need it you will be glad that you've got it.
Health insurance is a big expense and a big commitment to make in tough financial times but in the end its always worth it.
If your monthly budget is already stretched then I would suggest you at least get critical illness cover and protect yourself against major health expenses.
Hospitalization can ruin you financially if you don't have adequate cover, so don't get caught out.
Protect yourself.
Protect your family and remember that your health is your number one priority.
Many people are outraged by it while many praise it as the future of health care in America.
What most people fail to recognize is that the Medicare system is virtually bankrupt and for the last 10 years the problem's been swept under the carpet for the sake of more important issues.
The current government had to do something and although it affects us all in terms of health care, its effects will be felt everywhere in the post recession economy.
If you've been thinking about and contemplating getting private health insurance then maybe these few ideas will help you make your decision.
The days of health insurance being a luxury are over and its no longer the government's responsibility to look after you when you get ill.
A major contributing factor to the strain on our health care system is the fact that the baby boomer generation is entering retirement.
Along with this comes a lot of people that require health care and in many cases critical illness care.
In reality this is a massive increase in demand with a massive decrease in contribution as this generation that now needs healthcare no longer work.
The demographic shift with a lot more pensioners on the "government's books" started wearing down on the system to a point where something had to be done.
Obviously the announcement of a health care reform was met with anger from a generation that thought the government was going to look after them.
To add to the problem, the USA is currently facing a major obesity challenge that has far reaching effects on the health care system and the economy.
Obesity and diabetes is becoming an epidemic and the massive medical costs involved with this is further weighing down an already flimsy system.
So, how do you protect yourself and your family in these uncertain times? Well, first and foremost you cannot put your health care in the hands of someone else.
You and only you have to take responsibility.
Trust me, when you need it you will be glad that you've got it.
Health insurance is a big expense and a big commitment to make in tough financial times but in the end its always worth it.
If your monthly budget is already stretched then I would suggest you at least get critical illness cover and protect yourself against major health expenses.
Hospitalization can ruin you financially if you don't have adequate cover, so don't get caught out.
Protect yourself.
Protect your family and remember that your health is your number one priority.
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