Health insurance: A mother’s peace of mind
As a mom, my priority is always the safety and health of my son. I always pray and make it a point to do anything in my power for my son to be healthy and strong. In times that he does get sick, I always consult the doctor right away. It’s a good thing that he is part of the health insurance benefit that is part of the benefit from my work. I could just imagine how much we would suffer financially if my family does not have health insurance and we would just rely and settle for what we can afford on treatments. My son is not sickly but it still gives me peace of mind knowing that when something happens, we could go in and out of the hospital to get some help.
Basically a health insurance is a contract between the person being insured and the insurance company. The amount that the insurance company would have to pay for medical expenses is called coverage and usually varies depending on what policy is agreed upon. The policy will be the one determining how much premium or monthly payment to the insurance company. We all know that medical bills can be quite expensive and could even be a source of bankruptcy especially in the event of a major medical event, and having a health insurance would save you from this event.
The most common type of insurance is the group health insurance. This is the type of insurance that people can avail of from their employers and have coverage until you are 65. Normally, the premiums that are priced much lower than those who pay for individual health insurance plans because of the large numbers of the persons that are being insured. It is also the same price for everyone in the group no matter what the status of their health may be. Employers are not at all required to provide health insurance for employers but if they do not have one for their employees then most likely they will have a hard time finding employees. This is the reason why many companies would boast about their health insurance coverage for their employees and it is also a way for showing that they do care. I know this for a fact because when I tried to search for work, one of the key things that I look for an employer is the offer for a god health insurance not only for me but for my whole family.
On the other hand, the individual health insurance is the most expensive type of insurance. This is for a person who does not have any type of coverage or have one but is not enough. This can be hard to avail because you will be asked for physical examinations and you will need to answer some set of questionnaire regarding your health and the health history of your family. That means that the more you need the insurance because of poor health, the higher you have to pay for the premium.
There are also other supplemental plans of insurance that one can avail of. These types of insurance are made to pay benefits in addition to whatever regular insurance policy you have. We also have to understand that cosmetic surgery, pre-existing health conditions, non-traditional treatments, homecare and private nursing, mental health treatment and drug benefit exclusions are not covered by health insurance. For example cosmetic surgery is not really a health concern and it is an elective surgery therefore the insurance company should not pay for it.
Having a health insurance is for our protection and peace of mind. I myself, can’t imagine what will happen if me and my family don’t have one. now I could concentrate about being a good mom without worrying about hospitalization.