Benefits of Having Health Coverage Go back

Even healthy people need health coverage. Having a health plan helps maintain – and may even improve – the health and wellness of you and your family. And it may protect you financially in the event of an accident or illness.

Provide peace of mind
You never know when an illness or accident might happen. If you or a family member becomes ill or injured and you're not insured, it might be difficult to get affordable health coverage later. And, the financial burden of a major illness or accident can be devastating.

With health care coverage, your plan pays some of your medical costs. Plus you're encouraged to seek preventive care, which could help you avoid an illness and save you the money you might have spent treating it.

Protect your family's financial future
Health coverage does cost money – but not having it could cost a lot more. Unpredictable medical needs, combined with high health care costs, could leave you with large medical bills if you're not insured. Having health coverage lessens the likelihood that you'll have to dip into retirement savings to pay for unexpected medical costs.

It can be hard to predict how much you'll spend on health care each year, but having a health plan provides financial protection for unexpected, expensive medical costs. It also helps you pay for common services like annual check-ups and preventive care.

And you don't have to pay income tax on your insurance benefits – including pre-tax contributions to an HSA or FSA.

Take advantage of health and wellness tools and resources
Aside from providing financial protection, many health insurance plans offer benefits, resources and incentives to help you and your family get and stay healthy.

These may include coverage for annual check-ups and screenings, and discounts on exercise programs and alternative care treatments.