What is the purpose of health insurance?

Answer 1

So that if you become ill, they (the hospital, doctors, etc) will not come after you and take your home, your assets, your bank accounts, your cars. Just a simple operation like a tonsillectomy can cause as much as $10,000, so God forbid, what would cancer cost? and don't even get started about the costs of medicines.

Answer 2

Health insurance will help pay for any type of doctor or hospital bills. Put it this way...2 months ago, I went to get some blood drawn for allergy testing. They took 4 tubes of blood and ran several tests on them...with my health insurance, it only cost me $35. Several weeks later, I received an itemized bill from my insurance company, explaining what had been done, and how much they paid for it. If I didn't have health insurance, I would have had to pay over $900 for people to test my blood.

Answer 3

well, keeps you from paying an arm and a leg when you o need to go to th doctors. i cut my leg and did not have health insurance so i had to pay like 3000. with health insurance i would have paid alot less since most of it would have been covered by the insurence company. it depends on you, it is like a safty if you dont get sick or hurt often you can choose to not have it but if your a risk taker i would go with helth insurence.

Answer 4

So that you can save money. It cost to pay each time you visit your doctor. Beleive me it pays off in a long run.

Answer 5

To pay your doctor or an emergency room vist or even possible surgery you might require

Answer 6

To be able to pay for medical care if you need it - when you need it, and because you will need it.

Answer 7

So you don't go broke trying not to die.