Many people may question whether or not they need health insurance. This is particularly true of people who are young and healthy. However, health insurance has many positive benefits, even for young people. Our Westerville, OH team at Associated Insurance Agencies Inc. is committed to helping people understand the benefits of health insurance at any age.

What is health insurance?

Health insurance is similar to many forms of insurance in that you pay a premium to receive benefits. A health insurance premium is paid in exchange for discounted medical services. The financial savings that health insurance provides are a benefit because anyone can unexpectedly become sick or have an accident and other unexpected sicknesses. Health insurance can cover the cost of many illnesses, preventing you from having to pay high and unanticipated medical costs. Even "expected" medical costs can be high. Health insurance helps with both expected and unexpected medical expenses. In other words, health insurance can significantly reduce the cost of healthcare. When you have health insurance, you typically pay a set fee or copay for doctors’ visits and also receive discounts on prescription drugs. Some health plans may cover the entire cost of prescription drugs.

I’m young and healthy. Do I need health insurance?

Maybe. Even young people can become unexpectedly sick. However, healthcare gives people access to preventative care, which is essential for staying healthy or preventing sickness. As a result, health insurance also benefits healthy young people. Preventive care, in addition to emergency care and routine treatments for sickness, can make health insurance a wise investment for young people. Also, if you get health insurance at a young age, you can lock in better healthcare rates. This can be cost-saving as you get older. If you have questions about health insurance, call us. We’d be happy to help you explore your options.