Health insurance is a vital form of financial protection that covers medical expenses .

Health insurance is a vital form of financial protection that covers medical expenses .

It typically includes costs for doctor visits, hospital stays, prescription medications, preventive care, and sometimes dental and vision care.

By paying regular premiums, individuals and families can mitigate the high costs of medical treatment, ensuring access to necessary healthcare services without facing severe financial strain. Health insurance can be provided through employers, purchased individually, or obtained through government programs like Medicaid and Medicare. Its importance is underscored by its role in promoting early diagnosis and treatment, which can prevent more serious health issues and reduce overall healthcare costs in the long run.

Mathematically, statistically, probably not.

I’m 60 years old. I’ve paid health insurance premiums of around $600,000 over the last 42 years. 20 percent of that total I’ve paid in the last 8 years since Obamacare passed.

I’ve paid virtually all of my medical expenses out of my own pocket over that 42 years. All of it.

Thankfully never had a claim big enough to reach the deductible. Right now my Obamacare deductible is $7,000.

Having said that, I pay for health insurance because I don’t want to lose my meager assets or have limitations on my care if something serious happens to me.

By the way, I make a living selling health insurance)