Health insurance is important for Americans to buy the high cost of health care. you would like it unless you’re very wealthy, over 65, or very poor. The very wealthy can afford the value of even extraordinary emergency or chronic medical aid . Those over 65 have paid into Medicare. The very poor can qualify for Medicaid.

Everyone else must either purchase insurance or risk medical bankruptcy. Since it’s so common, many of us have lost sight of its underlying purpose. It’s a bit like insurance for your car, home, or apartment. It’s alleged to protect your life savings from the devastating costs of a serious accident, medical emergency, or a chronic disease.