WHY YOU NEED TO Have Health Insurance

In America we demand the very best and American health care is the best, but with this particular comes the high costs of providing this care. With Americans wanting the most recent treatments for their ailments medical care industry must keep innovating and developing new procedures and products. As with any new technology the products and procedures cost huge amount of money to develop and produce, and that cost is built into what the physician or hospital will charge for these services.

As everyone already knows the expenses of healthcare are ever increasing. Health insurance is a way to control these costs. When a medical health insurance carrier starts to develop a network of doctors and hospitals they negotiate payments for procedures, office visits, prescription drugs and any other costs which could affect their members. The only way to get these negotiated rates would be to buy into the insurance companies' health plan. By negotiating these rates the insurance company is ensuring you are getting the very best available healthcare at the perfect price.

By not participating in a health plan you can be paying the entire price for several medical costs through the medical provider which you have chosen. Many people believe that they do not need health insurance because they never get sick and are generally very healthy. Unfortunately we can not predict or control accidents or sudden and serious illnesses that require immediate medical care. These costs can add up rapidly and if you don't are making thousands of dollars a year (and I suspect that a lot of of you don't), the cost of these unforeseen events might ruin your financial health.

A lot of the insured population has their medical benefits provided in their mind by their employer. If employer sponsored coverage is an option this is generally the best way to go. If employer sponsored health coverage is not an option then your individual market is the next best option. Most of the people who seek insurance in the individual-market are small business owners, entrepreneurs, students, and the self employed.

In the individual medical health insurance market, you're placed into a pool with other members all paying individual premiums. When medical costs arise from this pool of members, the insurance provider uses the premiums to cover the members' medical expenses. Basically, this is how medical health insurance works, members pool resources together which are redistributed as had a need to fund health care.

I am a insurance broker from Sharon Pennsylvania that operates Health Benefit Specialists LLC a online medical health insurance broker, where you could get free medical health insurance quotes and compare advantages from major medical health insurance carriers in the Ohio and Pennsylvania markets.