The Cost of Being Uninsured: Understanding the Financial Risks

The cost of being uninsured can be substantial. If you don’t have health insurance and something goes wrong, you may be responsible for the full cost of your medical care. This can include emergency room visits, hospitalisations, surgeries, and other treatments. Even if you have a job and health insurance through your employer, you may still incur out-of-pocket costs such as copayments, coinsurance, and deductibles. And if you lose your job or switch jobs, you may find yourself without coverage for a period of time. In short, being uninsured is…

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