There's a lot of reasons why you don't need family health insurance. Family is healthy, family health insurance is expensive, not to mention the need to cut back due to the economic recession, a risk of dealing with scam insurance companies, etc. But for every reason not to, there's a reason to. That's if you learn to ignore the risks and try your hardest to look at the bright side. Let's explore.
Reasons to get family health insurance
Family first – Family first before anything. It might be a good idea to save money for emergencies and medication, but that's exactly the point in getting family health insurance: you pay for them now so you won't have to later on. Family health insurance is right up there on the top of the list as one of the best things you could spend money on for your family.
Health doesn't make any promises – Good health can turn on you anytime. Period. One moment you're as healthy as a lion, the next you're lying in the clinic, a cloth on your forehead and a thermometer in your mouth. Just because your family is health doesn't mean you shouldn't worry about getting family health insurance. Take note that accidents are also covered by most insurance policies. Keep this in mind.
Get back more than you paid for – There are bad insurance companies and there are good insurance companies. If you are lucky enough to sign a contract with the latter, there's a good chance you'd get back more than how much you paid for in premiums. This is exactly the reason why millions of people sign up for family health insurance in the first place.
Request denied
So okay. You decided to apply for family health insurance. You did. But you got rejected instead. What happened?
It should be noted that insurance is a risk business. To the average person, it means that even though you passed all the requirements to qualify for family health insurance, it's still up to the company decide whether or not they want to take you in. To the company, it means either they earn money or they lose money. That's the only way it goes. Either the patient pays more than what the company has to pay for his or her expenses, or the company ends up paying more than the total of the patient's premiums put together. It's a gamble for both parties. So don't be surprised when an insurance company turns you down.
One way to increase your chances of getting accepted is to ask your family to adapt a healthy lifestyle. Stay away from alcohol and cigarettes, exercise at least once a week, eat only health food, and don't to anything that could compromise your health. Family health insurance companies are more likely to accept you as a customer this way.
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