11.4 Uses of Health Insurance
Obviously, we need insurance to share the costs of continually escalating medical care. To bear the burden oneself could be financially catastrophic and emotionally devastating. As we age, our health declines and costs rise. Our need for financial medical assistance, unless one is independently wealthy, is totally understandable.
Our individual needs can be met through individual and family health coverage.
What about self-employed business owners?
Properly structured health insurance coverage can help alleviate a myriad of worries in this regard as well.
After we take a look at how health and accident insurance can meet the needs of individuals, we'll take a look at how health and accident insurance can fulfill obligations of the business owner.
