Why is health insurance necessary?

Expert Solution

Having health insurance is necessary for many reasons.

People who don’t have medical insurance receive less medical care and less timely care, they have worse health outcomes, and lack of insurance is a fiscal burden for them and their families.

Furthermore , the benefits of expanding coverage exceed the costs for added services. Safety-net care from hospitals and clinics improves access to care but do not fully switch for health insurance.

Health insurance is a very important step that everyone should apply for to increase one’s wealth and maintain our health. There are even tax benefits involved in it.

Health insurance should be at the top of your priorities list if one wants to minimise their medical expenditures.

Rahul Sunny answered 2 years ago

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