Question

Why is health insurance needed?

Hint:

Health insurance = safety net for unexpected high medical costs.

Answer 1

Health insurance is needed to protect individuals and families from unexpected medical expenses.
It provides financial support during illnesses, accidents, or surgeries.
Reasons why health insurance is important:
1. Covers Expensive Treatments — Medical costs are rising, and health insurance helps pay hospital bills, tests, and medicines.
2. Reduces Financial Burden — It prevents sudden expenses from affecting savings or leading to debt.
3. Access to Better Healthcare — Policyholders can get quality treatment at network hospitals without paying upfront.
4. Promotes Regular Health Check-ups — Many policies offer free check-ups and preventive care.
Therefore, health insurance gives peace of mind and financial security during medical emergencies.