Ralph Waldo Emerson once said, “The first wealth is health”. While we don’t disagree, often unless you have a good insurance plan, Wealth is Health.
We have all heard stories of someone being charged thousands of dollars for a simple surgery, having to navigate piles of paperwork, or wondering how to afford medications they need. Many changes in our society and laws, such as ACA becoming law, or the ‘gig’ economy have led insurance to gradually going from our employer’s responsibility to our own.
Our Health and Insurance system is complex, just like our legal system, our tax system, or our financial system. Most people would not go to trial without a lawyer, or plan for retirement without talking to a financial advisor, but many people go into our insurance system without an expert’s help. Yet we would argue your health insurance can be as important, if not more, than those examples!
Our advice has always been “Know what you have, and why”. Do you know what Health Insurance plan you have, and why? Most people don’t, so don’t feel bad if you aren’t sure. However, take this opportunity to make sure that you have a plan that protects your family and yourself in case the worst happens. Do you know what your plan would & wouldn’t cover if:
- You had an emergency room visit?
- Needed an MRI?
- Wanted to send your kid to a preventive care visit?
Making sure you are covered in those situations, while still having an affordable premium is a Health Insurance Advisors job. We would highly recommend you find a good one – even if it’s not MB Health! It’s that important, to the Health & Wealth of you and your family.
By Mike Butz
, Owner of MB Health, and a Life Insurance Agent for 37 years