Why You Need Health Insurance
The Philippines does not have socialized medical care. If you have no health insurance coverage, you have to pay for health care out of your own finances at the time of service. This can run into many thousands of pesos for serious illnesses.
- You buy health insurance for the same reason you buy other kinds of insurance: to protect yourself financially. With health insurance, you protect yourself and your family in case you need medical care that could be very expensive.
You cannot predict what your medical bills will be. In a good year, your costs may be low. But if you become ill, your bills could be very high. If you have health insurance, many of your costs are covered by a third-party payer, not by you. A third-party payer can be an insurance company or, in some cases, it can be your employer.
4 comments:
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I came in here not long ago and in some way totally skipped the posting. Suppose I will want to reload my personal really simply syndication viewer. Thanks for the good post.
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Nice post
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