Health Insurance Is Important: Here's Why

You might think that health insurance is a luxury, but the truth is that everyone needs it.

Although, many working-class individuals in Nigeria have employer-based coverage, others without corporate jobs, don't have any form of health insurance. This means that many Nigerians don't have access to basic medical care should they need it—and many die because of this lack of coverage. That is a major benefit of health insurance: if something goes wrong, you will be able to get help and save your life!

Health Insurance is categorized into different plans. Individual plans cover individuals, who pay for their own health insurance coverage. You can choose a hospital from your insurer’s network as well as the services covered by your package. Employers offer group plans to employees covered under their group rates and policies. There may be several options available to choose from when choosing your employer’s health plan, depending on your needs. But they all offer some basic benefits, including prenatal care and prescription drug coverage.

How does health insurance work? The basics are simple:

• You pay monthly premiums for coverage (or make a yearly payment toward your deductible).
• You are responsible for any costs above your deductible.

Health Insurance Benefits

1. Health insurance is necessary to help cover the cost of medical care.

If a person has a health condition, they will likely need to see a doctor or have some tests or surgeries done. The costs associated with these procedures can be quite high and are often beyond what most people can afford on their own.

Health insurance can help provide financial protection for those who are unable to pay for these services on their own. It also allows individuals with pre-existing conditions access affordable preventative care so that they don't end up in debt when they become sick unexpectedly later down the line.

2. Everyone needs health insurance.

Health insurance is important. It is not just for sick, old, or poor people. It is also important for those who don't have a pre-existing condition. Health insurance can help you pay for your medical bills if you get sick at any point in your life.

Health insurance is important because it pays your medical bills. This way, you don't have to worry about getting into debt from medical bills if something happens to make you sick or hurt you.

3. Health insurance can cover preventive care, like routine check-ups, mammograms, and wellness visits.

Routine check-ups are important to prevent disease. For example, if you have high blood pressure, your doctor might recommend that you get more frequent visits to monitor you. This is where health insurance plays a role in helping keep everyone healthy! Mammograms are also important because they can detect breast cancer early on when it's at its most treatable stage.

4. If you are hospitalized, health insurance helps with the potential costs.

If you ever get hospitalized, it is important to have health insurance to help with the potential hospital bill. Health insurance can cover a part of those costs and help ensure that you get the care you need.

5. Don't put your health at risk by not having health insurance.

Health insurance is a necessity. If you don't have it, you may end up incurring medical bills that could mess with your savings. You also risk going bankrupt if something goes wrong because of the high cost of treatment or preventive services.

Conclusion

Health insurance is important. It is the only way to ensure protection from financial ruin if something happens to you and you need medical care. Don't take a chance on this important part of your life by not having coverage! If you have any questions, don’t hesitate to contact us or visit one of our branches nationwide.