By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    medicare part d benefits
    Everything that You Need to Know About Medicare Part D
    August 15, 2022
    Best Ways to Boost Your Immune System this Winter
    Best Ways to Boost Your Immune System this Winter
    November 15, 2022
    back pain issues
    Ways to Treat Constant Back Pain
    August 21, 2023
    Latest News
    How Probate Planning Shapes the Future of Your Estate and Family Care
    July 17, 2025
    Beyond Nutrition: Everyday Foods That Support Whole-Body Health
    June 15, 2025
    The Wide-Ranging Benefits of Magnesium Supplements
    June 11, 2025
    The Best Home Remedies for Migraines
    June 5, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    More On Wellness Programs To Improve Health and Reduce Costs
    January 25, 2012
    Privatizing Social Security and Medicare: Who Can Defuse Political Dynamite?
    June 12, 2011
    Study: Risk of Death in Elderly Patients with Dementia Doubled with Some Antipsychotic Medications
    February 26, 2012
    Latest News
    How IT and Marketing Teams Can Collaborate to Protect Patient Trust
    July 17, 2025
    How Health Choices and Legal Actions Intersect After an Injury
    July 17, 2025
    How communities and healthcare providers can address slip and fall injuries with legal awareness
    July 17, 2025
    Let Your Lawyer Handle the Work Before You Pay Medical Costs
    July 6, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: 7 Incredibly Important Benefits of Purchasing Health Insurance
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Policy & Law > Health care > 7 Incredibly Important Benefits of Purchasing Health Insurance
BusinessHealth carePublic Health

7 Incredibly Important Benefits of Purchasing Health Insurance

Paisleyhansen
Paisleyhansen
Share
5 Min Read
benefits of health insurance
Shutterstock Photo License - By vinnstock
SHARE

No matter how healthy you are, at some point in your lifetime, you will probably need medical care. Health insurance provides a variety of benefits for your physical and financial health. These are seven of them.

Contents
1. Protects You From Catastrophic Financial Loss2. Helps You Avoid Serious Illnesses3. Manages the Cost of Chronic Conditions4. Leads to Better Outcomes for Mothers and Infants5. Defrays the Cost of Routine Care6. Helps Avoid Missed Work7. Provides Protection for Children

1. Protects You From Catastrophic Financial Loss

In the same way that property insurance protects you from financial burdens caused by fire, severe storms, or serious car accidents, health insurance protects against financial disasters brought on by unexpected illnesses or injuries. A relatively minor accident, such as a broken leg, could cost you thousands of dollars in medical bills. More serious injuries or severe illnesses could cost tens or even hundreds of thousands of dollars. Securing a health insurance policy can prevent a single serious accident or illness from leading to bankruptcy. If the cost of insurance is a concern for you, shop around for different insurance quotes and consider money-saving measures, such as higher deductibles or coinsurance.

2. Helps You Avoid Serious Illnesses

Most insurance policies provide coverage for preventative care, such as annual physicals, vaccinations, blood tests and screenings for serious illnesses such as heart disease and cancer. These preventative services can help your physician diagnose serious conditions early when they are easiest to treat, suggest lifestyle changes or medications that may help you. Some insurance policies also cover programs such as weight management, smoking cessation, or addiction issues that can help patients avoid the health consequences of smoking, excess weight, or drug and alcohol dependence.

3. Manages the Cost of Chronic Conditions

Some injuries and illnesses require long-term care and have steep costs. Health insurance helps you manage the costs of ongoing medication, therapy, testing, and other treatments for chronic conditions. Insurance also makes it easier for you to obtain referrals to specialists.

More Read

The 3 Essentials To Keep In Mind When Opening An Independent Pharmacy
Stopping the Revolving Door of Avoidable Readmissions [VIDEO]
BIG-BIG-BIG: Company, Heart and Checkbook
Should We Bail Out Hospitals for Their Bad Debt?
Workplace Wellness Meets in the Middle of the Aisle

4. Leads to Better Outcomes for Mothers and Infants

The average cost to deliver a baby in the United States is over $10,000 if there are no complications, and can soar to $30,000 or more if something goes wrong. Additionally, both mothers and infants have better outcomes when they can receive appropriate pre and post-natal healthcare. Appropriate healthcare can help reduce the incidence of premature birth, birth defects, sudden infant death, injury or death due to childbirth and other health issues for mothers and infants. Health insurance also may cover the costs of treatment for mental health conditions such as postpartum depression.

5. Defrays the Cost of Routine Care

Health insurance not only protects against catastrophic financial damage, but helps cover the cost of routine care. Many people without health insurance avoid going to the doctor for common illnesses such as the flu, which can lead to more serious health issues. Health insurance helps ensure that you need not suffer from common health issues without treatment due to a lack of ability to pay for medical care.

6. Helps Avoid Missed Work

Many people can not do their jobs when they are ill or injured. Health insurance makes it easier to receive the necessary care to recover as quickly as possible and return to work, which can reduce the number of lost wages and sick time employees need to take. Most health insurance provides coverage for routine vaccinations that may reduce your chance of catching communicable illnesses that could keep you home from work.

7. Provides Protection for Children

Most insurance companies offer family policies that also provide coverage for children. Because of their proximity to other children, who may not always be careful about hand washing, children tend to suffer from frequent illnesses. Additionally, children can benefit from regular checkups that help ensure that they are not suffering from any serious childhood disease, and that their bodies are developing appropriately for their age. Some children may also need treatment for common conditions such as Attention Deficit Disorder, obesity, or asthma. Insurance also helps cover the cost of required childhood vaccinations and physicals for sports programs. 

An accident or unexpected illness can strike at any time. Health insurance can help ensure that you receive the medical care you need without undue financial hardship.

TAGGED:benefits of health insurancebusinesshealth insurance
Share This Article
Facebook Copy Link Print
Share
By Paisleyhansen
Follow:
Paisley Hansen is a freelance writer and expert in health, fitness, beauty, and fashion. When she isn’t writing she can usually be found reading a good book or hitting the gym.

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

Grounded Healing: A Natural Ally for Sustainable Healthcare Systems
How IT and Marketing Teams Can Collaborate to Protect Patient Trust
Global Healthcare Policy & Law
July 17, 2025
paramedics in surgical gloves and masks
How Health Choices and Legal Actions Intersect After an Injury
Health care
July 16, 2025
a woman giving a key
How Probate Planning Shapes the Future of Your Estate and Family Care
Health
July 16, 2025
a woman with kinesio tapes on her back arm
How communities and healthcare providers can address slip and fall injuries with legal awareness
Health care
July 16, 2025

You Might also Like

opioid meds overprescribed
Policy & LawPublic HealthSpecialties

Are Prescription Painkillers Over-Prescribed to Non-Surgical Patients?

November 18, 2013

Build It Bigger? Maybe Not: Addressing Obesity in the US today

September 22, 2012

eHealth in Japan: Interview with Jeffrey Schnack

April 11, 2013

Socioeconomic Factors Crucial for Provider Performance Measurement in a Value-Based Paradigm

February 12, 2016
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?