Skip to main content

May the Odds Be in Your Favor


First of all, let us define insurance. It is the transfer of risk–from you to the insurance company. Insurance is there to help you lessen the burden of something catastrophic that you hope will never happen, but there is a chance.

I now hesitate to move on because the sheer mention of this phrase might cause some people to get on their political soapboxes, but it must be done. Health insurance–there, I said it.

This post is NOT about the right or wrong way to give everybody access to health care. This is about the importance of having health insurance and why YOU and YOUR FAMILY need it.

There are very, very few of us that will make it through life without getting sick or injured. In many cases, when we experience one of those misfortunes, we are able to wait out the problem and treat only the symptoms. However, there are times when we need the help of a trained physician (a doctor), and in some extreme cases, we need around-the-clock care (in a hospital). For reasons that we are not going to discuss here, both of these options can be very costly and can even totally financially devastate an individual or a family.

Author’s note so there are no surprises–I’m going to be using “financially devastating” in some form or other for the next few weeks. Be prepared.

Studies have shown that when faced with an illness or injury that needs expert attention, those who do not have health insurance do not seek help as early as they should. This results in MORE costs and MORE discomfort in the long run.

Having insurance makes sure that the insured–the person paying for the insurance–is not left to pay for the entire cost of a devastating event on his or her own. The most important assets you can insure are:

1. YOU, and
2. YOUR HEALTH.

You only get one YOU. Make sure your YOU is properly protected.

Comments

Post a Comment

Popular posts from this blog

Know Your Limits

When I was 17, I drove a 73 Nova. It used to be really easy to do things like changing taillights myself. That is no longer the case. If I tried that on my later-model vehicle (which is more like a computer than a car), I’d do more damage than good, because there are some thing you should just not do yourself. It will cost you more in the long run. That being said, there are probably some things that you usually pay someone else to do that are not getting done right now. My advice is to just be patient; depending on what it is and your skill level, it might end up costing you more to fix your mistakes. Let’s discuss some of those… Obviously, most if not all car repairs are just better done by a licensed, trained professional, including oil changes. They can also correctly dispose of used petroleum products. Depending on your tax filing status, a professional can help you avoid overpaying the IRS. I remember cutting my daughter’s hair when she was little, and I made a me...
Post a Comment
Read more

Gifts that Matter

When I think about my childhood, there are a few events (some good, some not so good) that really stand out. These specific incidents made big impacts on me, so they really stuck. I bet you can say the same thing. These encounters, good and bad, help shape who we are. As parents, it is our job to teach our children to be honest, upstanding, contributing members of society. This does not happen by accident. Part of this process involves the experiences we give our children–we can orchestrate PEAK moments for our families that will leave lasting impressions on young, impressionable minds. What is a PEAK moment? According to de Jager Meezenbroek, Garssen, van den Berg, van Dierendonck, Visser, and Schaufeli in the Journal of Religion and Health , “Peak experiences are often described as transcendent moments of pure joy and elation. These are moments that stand out from everyday events.” Christmas offers an EXCELLENT opportunity to offer experiences that can become “PEAK moments” in ...
Post a Comment
Read more

Greener Pastures

Those of you who have been following me for some time now know I am a warm-weather person. Spring is one of my favorite times of the year. I COME ALIVE when Daylight Saving Time starts. As far as I’m concerned, LIGHT IS LIFE. And that proclamation is a perfect segue into today’s topic. As the days get longer and warmer, most venture outside a little more and hibernate less. So it’s the perfect time to adjust our schedules and homes that can help save the planet and some of our hard-earned money. How? Well, there are lots of little things you can do that, added up, can make a huge difference. Switch out your regular light bulbs for LEDs. If you plan to buy a new appliance, purchase one with the ENERGY STAR seal and recycle your old one. Insulate your doors and windows. Save rainwater to water your landscape in the drier days ahead. Use the sun to dry your laundry by hanging it on a clothesline. Want more ideas? Google is LOADED with suggestions! Get the whole family involved and m...
Post a Comment
Read more