Health Insurance: Financial Security and Peace of Mind

While some regard buying health insurance as a complete waste of money, others would argue just that opposite, it is worth the money for peace of mind and necessary health care coverage!

Previously, the Affordable Care Act (ObamaCare) required people to carry “qualifying health coverage” and those who didn’t had to pay a fee when they filed their federal taxes. In January 2019, this was repealed in most states, and now the federal government no longer penalizes people for not having health insurance.  Yet the question remains, is this the safest decision, especially with a worldwide pandemic that has globally caused the death of over 4,100,000 people as of July 22, 2021.

Benefits of having Medical Insurance

Although the ACA extended insurance coverage to 20 million Americans, affordability remains a barrier to obtaining and maintaining health insurance coverage; however, one of the reasons why you may want to reconsider, is medical emergencies.  If you are faced with an unfortunate medical emergency, such as a broken arm or a car accident, the medical bills could be crippling.  Adding to that, in many instances, having an injury might require you to take time off from work, which ultimately means missing out on your paycheck.  What could have been a monthly premium of 100 dollars, would end up as thousands of dollars, especially if the medical emergency required hospitalization and rehabilitation.

Another benefit of having medical insurance is free preventive interventions and treatment that could protect you from escalating serious illnesses.  What could have started as a mild case of flu could develop into pneumonia if the patient does not seek proper medical services at the right time.  Therefore, having access to free screenings, shots and regular check ups encourages you to take better care of yourself and your health.

With many medical coverage plans come free or discounted prescription drugs.  This may not seem paramount to some, but when patients require regular medicines to chronic illnesses and diseases, the savings offered by the medical coverage can greatly minimize the expenses.  

With medical insurance comes peace of mind.  The premium paid to the insurance company guarantees that the insurance company will cover the medical service expenses under their health plans in case of an unforeseen event, and that also reduces stress, especially during difficult times, such as the current pandemic.


There are several important elements to take into consideration while shopping for health insurance, such as your current and future health needs, your financial ability to afford monthly premiums, and the benefits you and your family will get from the purchased plan. 

At Engagent Health, our licensed and informed agents are able to guide you through multiple health coverage plans from reliable and reputable providers, so the plan you purchase is the right one for you.  For more information, visit our website at www.marketplaceinsuranceservices.com or call us at TEL 833-219-5829.

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