Good health is one of the most valuable assets in life—but medical treatment can be expensive. A simple hospital stay, surgery, or even routine check-ups can cost hundreds or thousands of dollars. That’s where health insurance comes in.
In this article, we’ll explore what health insurance is, how it works, the different types, and why it’s essential for you and your family.
What is Health Insurance?
Health insurance is a type of coverage that helps pay for medical expenses. When you’re insured, your insurance company pays part or all of your healthcare costs in exchange for a monthly premium.
It protects you from high medical bills and gives you access to quality healthcare when you need it.
Why Health Insurance is Important
Here are some key reasons why health insurance is essential:
1. Reduces Financial Burden
Without insurance, even a simple doctor’s visit or emergency treatment can be very costly.