Open enrollment begins next month, giving you an opportunity to renew your current health plan or purchase a new one for next year. It’s an annual process that offers the chance to weigh your options and choose health coverage that best fits your individual or family needs. However, for one reason or another, you may be tempted to forgo coverage for next year. Whether it’s financially burdensome or you feel too young and too healthy to need a health plan right now, going without coverage may not seem like a big deal. But the short answer to “do I really a health plan?” is yes. Here are six reasons why you should consider purchasing a health plan during this year’s open enrollment period:
1. Financial protection against expensive health bills
Medical emergencies can happen to anyone at any time. Without health coverage, you could be responsible for paying the full cost of medical treatments, which can be exorbitant. For instance, according to HealthCare.gov, a three-day hospital stay can cost upwards of $30,000. Health care plans help cover these costs, protecting you from potential financial distress.
2. Access to important preventive services
Most health plans cover preventive services such as vaccinations, screenings, and annual check-ups at no additional cost. These services are essential for early detection and prevention of serious health issues, helping you maintain better overall health. Priority Health offers preventive care with a $0 copay to keep you and your wallet healthy.
3. Coverage for essential health benefits
Most health plans cover a wide range of essential health benefits, including doctor visits, hospital stays, prescription drugs and mental health services. This comprehensive coverage ensures that you receive the necessary care without worrying about the cost.
4. Protection against medical inflation
Medical costs are continually rising due to advancements in technology and treatments. Health coverage helps mitigate the impact of these rising costs by covering a significant portion of your medical expenses. This protection ensures that you can afford the care you need, even as prices increase.
5. Support for Chronic Conditions
If you have a chronic condition such as diabetes, a health care plan is a must. It covers the cost of ongoing treatments, medications, and specialist visits, helping you manage your condition effectively. Without a health plan, the cost of managing a chronic condition can be overwhelming.
6. Peace of mind
Knowing that you have a health plan provides peace of mind. You won’t have to worry about how you’ll pay for unexpected medical expenses, allowing you to focus on your recovery and well-being. This peace of mind can significantly reduce stress and improve your quality of life.
Health coverage is more than a safety net; it’s a crucial component of a healthy lifestyle. It provides financial protection, access to essential services and peace of mind, helping you focus on what’s most important—your health and well-being. If you’re shopping for an Individual plan, there are ways to help pay your premium. See if you qualify for savings this year and you may learn that the right plan is more affordable than you might think. For more information regarding open enrollment, go to MyPriority.com.
