Too many people decide that when they are looking at a laspe in health insurance coverage that it is not a big issue. They think they are too healthy to worry about it. Or they think it is only a short lapse and nothing could possibly happen during that short time.
Nobody can predict when an unexpected accident or illness may ocur. That is why it is called "unexpected". It is not something we can put on the calander or add to the budget. You are foolish if you think it is worth the risk to have a lapse in coverage. As an agent I have heard all the horrible aftemath of people who took the risk and lost.
I remember the story of one young man named John. John was a new graduate and no longer qualified for mom and dads plan. Instead of getting something temporary until he secured employer group insurance he thought it would be fine to wait it out. Twenty three days later John was in the hospital with a severe case of the flu.
John did not plan for this. He didn't even imagine it could be expected. The fact is it happend. John received bill after bill. Labs, physician fee, hospital, medications and test. The total was close to $10000. It took him his 1st 6 years in his new career to pay back this expensive mistake.
Another story is that of Carmen. Carmen suddenly losther job and her health insurance. She knew you should find another job soon and would have health isnurance in a matter of months so she was not real worried about it. One month later Carmen slipped on some ice hit her head and was rushed to the ER by ambulance.
Carmen was rushed to the hospital because she had hit her head so hard she was having adverse reactions. They spent 2 days testing and watching for signs of bleeding. The next day the released her to go home. The bills she received in the mail where huge. More then she could pay, her credit was tarnished!
If Carmen and John had taken out the short term policies meant to save you from financial hardship they could have avoided this. The financial safety net of short term health insurance is necessary to everyone. Insurance is for the unexpected and as you can so they do occur!
Never let your health insurance laspe. It is avoidable. If you find you will have a short lapse of 1-12 months of health insurance at least purchase short term coverage. You may not use it, but if you do you will be so thankful you have it.
Nobody can predict when an unexpected accident or illness may ocur. That is why it is called "unexpected". It is not something we can put on the calander or add to the budget. You are foolish if you think it is worth the risk to have a lapse in coverage. As an agent I have heard all the horrible aftemath of people who took the risk and lost.
I remember the story of one young man named John. John was a new graduate and no longer qualified for mom and dads plan. Instead of getting something temporary until he secured employer group insurance he thought it would be fine to wait it out. Twenty three days later John was in the hospital with a severe case of the flu.
John did not plan for this. He didn't even imagine it could be expected. The fact is it happend. John received bill after bill. Labs, physician fee, hospital, medications and test. The total was close to $10000. It took him his 1st 6 years in his new career to pay back this expensive mistake.
Another story is that of Carmen. Carmen suddenly losther job and her health insurance. She knew you should find another job soon and would have health isnurance in a matter of months so she was not real worried about it. One month later Carmen slipped on some ice hit her head and was rushed to the ER by ambulance.
Carmen was rushed to the hospital because she had hit her head so hard she was having adverse reactions. They spent 2 days testing and watching for signs of bleeding. The next day the released her to go home. The bills she received in the mail where huge. More then she could pay, her credit was tarnished!
If Carmen and John had taken out the short term policies meant to save you from financial hardship they could have avoided this. The financial safety net of short term health insurance is necessary to everyone. Insurance is for the unexpected and as you can so they do occur!
Never let your health insurance laspe. It is avoidable. If you find you will have a short lapse of 1-12 months of health insurance at least purchase short term coverage. You may not use it, but if you do you will be so thankful you have it.
About the Author:
If you suddenly lost a job and can not budget the Cobra insurance they offer please call broker Jeff Cline for a smart COBRA ALTERNATIVE. He can also help you if you are looking for temporary health insurance look no more. Jeff Cline's office is ready to help you find what meets your needs and your budget. Call today! The toll free number is 866-526-9669
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