In other words, the cost of health insurance varies widely depending on how much you use health care services.
If the cost of health insurance is too high, can I go without it?
Health insurance represents a cost that everyone has to pay one way or another. By law (the Affordable Care Act), you may have to pay a penalty if you do not have health insurance. Fortunately, there is assistance available for health care costs. See if you qualify for any of the subsidies, tax credits or other savings.
If you’re young and healthy, it might be tempting to pay the penalty and go without health insurance. This strategy is firmly rooted in luck. If you’re lucky enough not to get sick or have an accident that requires medical treatment, you may come out ahead financially. On the other hand, if you have one visit to the emergency room and additional follow-up visits, what might have been a financial benefit may turn into a liability very quickly.
It’s good to consider the average cost of health insurance in light of the benefit of having access to the doctors, hospitals and wellness programs that Unity offers its members. Your health is well worth the investment.