There are a lot of myths and assumptions floating around about health insurance, many of which simply aren't true. Whether you are currently covered, in the market, or just curious, understanding health insurance is important, as believing some of these rumors could lead you to deny important coverage. Here are a couple of the most common misconceptions about health insurance:
Being uninsured has no serious health risks:
Obviously, not being insured does not cause your body to break down. However, having insurance encourages people to take better care of themselves. They are more likely to get the recommended yearly physicals, stay up to date on diagnostic tests, and get the recommended immunizations. In addition, people with insurance are more likely to seek care. A lady who feels a lump in her breast and has health insurance is more likely to go to the doctor, and do so sooner, than someone without insurance. This results in the problem being found sooner, which leads to a better prognosis and lower costs.
You do not need health insurance to get care when you really need it:
Many people believe that with access to emergency rooms and other services, people who really need health care will receive it regardless of insurance coverage. Emergency rooms are only required to treat you if you are in a life or death situation. This does not cover things that are caught soon or that can last for years. Since uninsured people are less likely to seek help to begin with, they often live with a condition for a longer period of time, and with more problems than an insured person would. This also leads to living a shorter life.
Most uninsured people are simply healthy young adults:
Unfortunately, three out of four adults who do not have insurance are over the age of twenty-five. With the current economy, this trend may be expected. However, it is dangerous. Many adults are putting their lives at risk by not being insured. Many adults believe insurance is unnecessary and expensive, and this is why they do not have coverage. Like most types of insurance, it might seem silly to carry it until you need it. Then it can save you thousands, sometimes hundreds of thousands, of dollars. A life threatening injury or illness can occur at any time, and to anyone - regardless of age or current health. Preventative care can be just as important, and oftentimes this care is free with health insurance.