Current studies indicate that more than four million Americans have lost their employer provided health insurance coverage since the beginning of the current recession. That is due to job layoffs, companies going belly up, attrition, people “taking the package” which may not provide for continued health insurance, as well as more reasons. The really scary […]
Current studies indicate that more than four million Americans have lost their employer provided health insurance coverage since the beginning of the current recession. That is due to job layoffs, companies going belly up, attrition, people “taking the package” which may not provide for continued health insurance, as well as more reasons.
The really scary piece is that the reports also indicate that almost half of those people, which is still a few million people, still do not have health insurance for themselves or their families as of today. In other words, from a health and medical perspective, there is a few million more people without insurance than there was just a couple of short years ago.
As families are dealing with the recession and economic downturn, they are all tightening their belts until they can get alternatives to the job they had, but this is proving to also be difficult in a very tight and competitive job market. In lots of parts of the country, finding a job is more than a monumental task for most people.
In interviewing hundreds of these families, it became very clear that when families decide they need to cut back, they are browsing at the huge picture. They cut back on expenses that they can see going out as an expense every month and thinking about how they can do without that expense. So they are cutting back on the cable TV premium channels, maybe the daily newspaper subscription, watching water usage, not traveling as much, as well as similar types of things to save money.
Do you see the problem here? Since health insurance is not something they “see”, they are going without it and leaving themselves wide open for financial disaster. After a job layoff, very few people continue with the COBRA program simply because of the very high costs of that particular type of health insurance. But people aret browsing at the fact that if they have a health issue, a major medical condition or an accident that requires medical or hospital treatment, it is really going to impact them in a huge way, much more than the minor cutbacks they have convinced themselves will be adequate for now.
People need to realize that health insurance cannot be considered optional. If you want to save costs on it, you can raise your deductible or co-pay amounts, but there is no way you should even remotely consider going without the coverage. If you need to make use of it, it will be there and not cause you a financial catastrophe.
People think that health insurance is too expensive if they do not get it through their employers group policy. That thought may have been real at one time, but in today’s world, that is no longer the case.
If you made up your mind to find insurance, please start your search for the best insurance quotes on this site.
And also keep in mind that we live in the world where knowledge quickly enhances the quality of our life. These are not just words – this attitude can help you to find the best info about “cheap insurance” topic.
So if you are properly armed with the information in your sphere of interest you can rest assured that you will in any case find the solution to any bad situation. So, please make sure to visit this blog on a regular basis or – the least time consuming way of doing it – sign up to its RSS. Thus you will have a direct shortcut to the freshest informational updates here. Blogging can be helpful, you just need to know how to use the blogging informational power to find the best insurance for you.
