Health insurance is important for several reasons, including:
Financial protection: Health insurance helps to protect individuals and families from the high cost of medical care. Without insurance, an unexpected illness or injury could result in significant financial hardship.
Access to care: Health insurance allows individuals and families to access necessary medical care, including preventive services, screenings, and treatments. Without insurance, many people may not be able to afford the cost of care and may delay or go without necessary treatment.
Peace of mind: Having health insurance provides peace of mind, knowing that you and your loved ones will be able to access necessary care if you become ill or injured.
Cost control: Health insurance can help to control the cost of medical care by spreading the risk of high medical expenses among a large group of people. This can help to keep the cost of insurance more affordable for everyone.
Compliance with laws: In some countries, it is mandatory to have health insurance coverage, such as in UAE, so that people can comply with laws and avoid penalties.
Overall, having health insurance is an important way to ensure that individuals and families have access to necessary medical care and are protected from the financial burden of high medical expenses.