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A Stunning twenty percent of adult Americans say that they are not able to afford satisfactory health care according to the latest statistics released by the Centers for Disease Control. So, are you amongst the 40 million adults who cannot sleep soundly for fear of not being able to pay for the cost of treatment should you have an illness or accident? Perhaps more to the point, do you have to be amongst the 40 million? The report of the CDC which was published in 2007 and explored health care throughout the US looked in depth at various aspects of health care and discovered that: 1. 10% of people cannot presently pay the cost of prescription medicines. 2. 10% of people put off medical treatment as a result of the cost. 3. No fewer than almost one in three young people aged between 18 and 24 have no normal source of medical treatment or health care insurance. 4. 10% of people between 45 and 64 have no normal source of medical treatment and in the region of half of these people find themselves with high blood pressure, a major heart condition or diabetes. 5. One out of 5 people under 65 years of age are uninsured for at least a portion of every year, with most being uninsured throughout the 12 month period. A lot of people are lucky enough to receive health insurance cover for themselves and their families through schemes operated by their employer, although escalating costs are forcing a growing number of employers to cut back on their group health plans or to drop them altogether. There are however also many millions of people who are not eligible for cover from their employer and who have to make provision for themselves. It is this latter group which usually considers that health care insurance is simply too costly. So should you dismiss the idea of purchasing medical insurance out of hand simply because you think that it costs too much? Health insurance plans come in many different shapes and sizes and, despite the fact that a traditional fee-for-service plan can be very expensive, there are several affordable options. In very simple terms medical insurance falls into roughly two categories comprising disability income policies and medical expense policies. The first covers your lost income if you are not able to work through disability while the latter provides you with cover for the cost of medical treatment as the result of accident or injury. Each of these forms of medical insurance can be bought as a single plan or separately and separate policies can again be broken down to provide cover for particular areas such as accident coverage, hospital care, basic medical expenses, major medical expenses and more. In addition, cover nowadays can be offered by not merely traditional insurers, but also by many group organizations, companies like Blue Cross Blue Shield, health maintenance organizations and preferred provider organizations, each of which will provide a range of policies with payment options that match just about every pocket book. If you have been frightened off by the belief that you cannot afford to purchase health insurance then think again. You may not be able to afford a comprehensive plan covering every eventuality but the odds are that you will be able to discover a plan which will give you enough cover to provide you with peace of mind.
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