Medical insurance is more than just safeguard of your health – it also prevents you from extra expenses. Bills from medical institutions even for situations not threatening your life can lead to the fail of your finances. According the data of National Coalition on Health Care one person in the U.S. reaches a financial crash after serious problems with health every 30 seconds.
Health insurance also aids to maintain healthy people. American College of Physicians states that uninsured people who are likely to have deadly or serious diseases like pancreatic or breast cancer can be diagnosed by regular inspections. Thus, uninsured persons have fewer chances to get disease-prevention service than insured ones, their risk of death raises to 50 percent.

Health insurance can significantly reduce your expenses as most part of medical compensations is divided between an insured person and a medical care provider. So-called “network discounts” are set by medical organizations and insurance companies, nevertheless the price for insured persons is always lower than prices paid by uninsured persons.

» Read more: Why Do We Need Health Insurance? Choosing Health Insurance