Why Do We Need Health Insurance?

As a way to safeguard against future uncertainties, the need to be insured and stay financially protected is our best defense. Insurance policy is a proven financial instrument available to help in varieties of life stage needs. At this rising healthcare costs, adapting a healthy lifestyle and regular exercise should be a top priority, so does financial security.

The importance of life and health coverage was paramount as we currently experiencing a tough time during this pandemic. This crucial point have taught and reminded us that medical emergencies can befall when we least expected. The simplest answer to question as “Why do we need Health Insurance?” because it can reduce the anxiety and worry especially during this worldwide health crisis.

Photo by Kristine Wook on Unsplash

We all need medical care at some point. Health Insurance can cover these costs so we are left to focus on getting better and not be burdened with financial strain. It simply protects you from health and financial risks with the following benefits:

  • It covers essential Health benefits vital to maintaining health, treatment and accidents.
  • It protects you from unexpected expensive medical costs.
  • You pay less for health care coverage, even before you receive your hospice billing.
  • You get free preventive care such as vaccines, screenings, and check-ups.

Getting a health insurance is extremely important with today’s fast-paced lifestyle to efficiently manage high unexpected healthcare expenses. A health plan that provides critical conditions coverage can ensure that you will have the necessary funds for treatment and recovery.

The major and minor critic critical conditions benefits sets out may vary depending on your policy contract. Here’s a brief reference for the 15 most common major and 5 most common minor critical conditions coverage from my own health plan provider for a quick guide.

Top 15 Major Critical Conditions Covered

  1. Cancer
  2. Stroke
  3. Heart Attack
  4. Coronary Artery Bypass Graft Surgery
  5. Heart Valve Surgery
  6. Major Organ Transplantation
  7. Chronic and Irreversible Kidney Failure
  8. Alzheimer’s Disease
  9. Parkinson’s Disease
  10. Bacterial Meningitis
  11. Benign Brain Tumor
  12. Paralysis
  13. Loss of Independent Existence
  14. Severe Rheumatoid Arthritis
  15. Severance of limbs

Top 5 Minor Critical Conditions Covered

  1. Pre Cancer or Stage zero cancer ( Carcinoma-in-situ)
  2. Angioplasty and other invasive treatments for Coronary Artery Disease
  3. Early stage of prostate cancer
  4. Hepatitis with liver cirrhosis
  5. Dengue Hemorrhagic fever


The rise of lifestyle diseases among under the age of 45 are rampant. That is why opting to invest in a health plan that also covers regular medical tests that can help early detection makes it easier for us to take care of medical expenses. This allows us to enjoy a worry-free life. Personally, the main reason why I availed a health insurance coverage is that it gives me the security that my loved ones will be financially protected even when the unexpected happens.

Getting one becomes an essential requirement as it can also protect our savings and not get drained with unforeseen circumstances. In that way, our savings can be solely placed on its intended use.

Generally, making adjustments on our savings, investments, and protection priorities can help us fight against future uncertainties. It is best to make a thorough research to compare and determine a plan that suits your needs.

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