There are a lot of people out there who don’t have adequate health insurance, and that number has been increasing in the past few years.
Health insurance is incredibly important to have. While you hope you never really have to rely on it heavily, it can make everyday living much safer and secure for everyone involved.
There are a few reasons why people don’t have adequate health insurance, but here are three of the big ones:
Reasons Why People Don’t Have Adequate Health Insurance
They Can’t Afford It
The biggest reason why people don’t have adequate health insurance is because they can’t afford it. Insurance is really expensive and, honestly, not everyone has the extra cash in their monthly budget to cover it.
People who are specifically impacted by the cost of health insurance are young people, specifically in the millennial and younger generations, and those that are in marginalized groups and communities.
An extra $140 per month for a single person or over $300 for family coverage is not something that a lot of people are able to afford. That’s $1,680 and $3,600 per year, respectively. And 2020 probably didn’t help the cause.
They Don’t Want to Pay
Others who can afford adequate health insurance, simply don’t want to pay the costs. It’s a lot of money—and even if you have the extra few hundred dollars per month, it’s possible that you find more value in putting it elsewhere.
Is this the best decision? In my opinion, no, but everyone has the right to decide where their money goes and what they spend it on. I’m of the opinion that health insurance should be available to everyone at no or low cost, but that’s just an opinion.
They Don’t Qualify
This really fits into the “they can’t afford it” category because almost everyone can find health insurance in some capacity, it can fall into the not adequate health insurance because of a pre-existing condition.
In many cases, already existing health insurance cannot be covered at all. And, in cases where it can be covered, it’s often at a cost that’s incredibly high and not affordable for many.
What To Do If You Don’t Have Adequate Health Insurance?
Now, I’m not an expert in health insurance, so there’s not a lot of great advice that I can give you on this topic. But I did do a little research and here’s what everyone else says:
- Look to see if you might qualify for public plans, things like Medicaid and/or CHIP
- Contact your local community health center to see if they can point you in the right direct
- Compare costs from different providers and their plans to see if you might be able to afford something
- Find a doctor that can provide you with services that you can afford
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