3 Reasons Why You Should Always Have

Health Care

For many people while growing up, health insurance seemed like a scary,

looming adult responsibility - something parents took care of and appeared

magically when an emergency occurred.

As you age, learning the health care marketplace and its many facets may

remain intimidating. Many find themselves wondering,

“Why do I need to be insured?”

From college students to those who have been enjoying retirement for a few years, continued health care coverage is

vital for life’s everyday experiences.

Throughout the many chapters of life, remaining insured can provide you with

a sense of stability, an ally to your family in times of emergency and

a helping hand.

Let’s take a look at three reasons why you should always have health care.

1. Financial Protection

1. Financial Protection

While no one plans to become ill or fall victim to an injury, often these situations occur. Being insured offers you coverage in your time of need; protecting you and your family from long-term financial troubles and providing peace of mind.

Average cost of-A hospital stay when uninsured:

$30,000An uninsured emergency room visit:

$2,000Source: Consumer Reports & The Atlantic

2.Access to Health Care

2.Access to Health Care

Under the Affordable Care Act, insurance plans now include additional benefits, such as vaccinations, screenings,

prescription drug costs, and hospital stays, preventing

these unexpected costs in the first place.

2.Access to Health Care

On top of benefits associated with ACA, with a Blue Cross

health insurance plan, you also gain access to a team of

wellness experts that provide coaching and

support to help you meet your health goals.

3.Avoid Fines

3.Avoid Fines

Under the Affordable Care Act, every American is required to be protected by some type of health care insurance. If you opt to forego coverage, you’ll be paying a price at tax time.

3.Avoid Fines

Fines by the Numbers:

$695 per uninsured adult or 2.5% of household income,

whichever is more.

For example: A couple that makes $100,000 annually

would pay $2,500 at tax time for going uninsured.

From your mid-twenties to the later stages of life, insurance coverage should remain a top priority when

deciding on major life investments.

Aside from saving money, protecting your family and giving you peace of mind, when you sign

up for insurance it puts you in control of your health and health

care costs.

If you have questions regarding your plan, our health plan advisors are eager to help. Contact them at

888-899-4931, or go to bcbsm.com/myblue to learn more about plan

options.

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