Medical Insurance, Do I really need it?

Is it even a question? Staying provided under current and full medical insurance should remain a no-brainer. Hospital bills are only rising, and medications are becoming more and more the burden of the patient and not the hospital, which means you are paying out of your own pocket for the medication.

There are lot of life threatening and extremely severe diseases and illnesses. A lot of these devastating diseases are cured or harnessed thanks to state-of-the-art medication. However these medications are usually not cheap and you could break the bank trying to personally pay for all of them.

In some cases, the patient needs to undergo a complicated operation or even a transplant. Transportation is usually required as not all hospitals offer the type of operation or transplant you need. Can you cover all those costs?

Medical insurance will provide for you when the times get tough. They can cover most if not all of major operations and transplants as well as age related diseases and illnesses. Insurance companies will provide and make sure you live for as long as possible.

And why shouldn’t you? Modern advances in science and the medical fields have allowed doctors to diagnose and treat diseases much quicker. With the added time, doctors save lives and allow people to live longer. Serious diseases like Alzheimer’s and Parkinson’s are now more readily treatable.

People also rest easy in the reassurance that their financial burdens are taken care of by medical insurance. The insurance companies will allow you to deal with the crisis on a personal and emotional level, while the insurance takes care of the expenses.

By this I mean that when you apply for health insurance you do not wait for the last second. It’s easy to get diagnosed and quickly run to the insurance provider begging for money. However it’s harder to sign up for insurance way in advance, planning for anything tragic that may occur. Which friend do you think the insurance company is going to award?

Insurance companies have no moral obligation to insure everybody. In fact, they are much more willing to embrace clients that have been with the company for years. They are not willing to throw away money to just anyone. Come to the insurance company in relatively good health and you will be rewarded.

Protect yourself and your health. You cannot afford the sick world of diseases and traumatic issues by yourself. Allow somebody to help, something to carry the financial burden. It’s the key to a long, healthy life.

Graham McKenzie is the content Syndication Manager at insurance123.co.zaSouth Africa’s leading Medical Insurance information portal.