Florida Health Insurance for Hospitalization

In the state of Florida, there are several different types of health insurance that are available to consumers. Some of these cover only doctor visits, others cover only prescription medicines, and still others cover things such as major surgeries and hospitalizations. Florida health insurance with a hospitalization benefit is very important for many reasons which are pointed out below.

Accidents and Injuries

Although you may be very healthy right now and you might feel as if you can cut costs on your Florida health insurance by leaving out hospitalization coverage, you should probably think again. In the event of an automobile accident, for example, you may think that your automobile insurance—or the at-fault party’s automobile insurance—will cover all of your injuries. However, this is simply not the case. Most of the time, individual insurance policies have limits on the amounts they will cover, and anything after that must be sought in civil court. If you were the at-fault party, your insurance may not pay for any of your injuries. Hospitalization insurance is very important in these situations.

Unexpected Illnesses

Aside from accidents and injuries, even the healthiest of people get sick. Diseases like cancer and things like heart attacks and strokes affect people of all ages, and they almost always require serious medical intervention or even surgery. Lack of Florida health insurance for hospitalization can mean that you would have to pay all of these expenses out-of-pocket, and it also means that you may not have access to the best care that is available to you. In this case, even some hospitalization insurance is better than none as it could mean the difference between the best ER in your state or the one that simply costs the least.

Maternity

Women who become pregnant with only basic health insurance that covers doctor visits may not have many out of pocket costs in the beginning but, if something goes wrong during the pregnancy, hospitalization may be necessary. In fact, a percentage of pregnancies result in weeks or even months of hospitalization, particularly if the mother is at high risk for preterm birth. Then, when it comes time to deliver, the costs average about $12,000 in the United States—and this is if a C-section or other procedure isn’t necessary. If a C-section or some other surgical intervention is needed, hospital bills can easily top $25,000.

Cost vs. Benefit

The main reason why people fail to include hospitalization insurance when they purchase their policies is the cost. Although people often feel that they simply cannot afford to pay the premiums associated with surgery and hospitalization benefits, the truth is that they really cannot afford to go without such coverage. A single, otherwise healthy individual can expect to pay around $2000 annually for this benefit—or save this much money if the benefit isn’t part of the insurance policy. However, when it is considered that hospitalizations almost always cost several thousand dollars, failing to include this coverage in Florida health insurance policies is truly a gamble.

While saving money in today’s economy is very important, so is your health. You should be sure to review your options for Florida health insurance very carefully before you purchase and make sure that hospitalization coverage and surgical coverage are included. You are always encouraged to shop around for the best plans and rates that will fit your budget.