Health insurance is simply protection of the human or group insured against financial loss from illness or injury. Can you live without it? Probably. Should you? The answer depends upon whom you inquire.

Like other forms of insurance, you don’t absolutely need health insurance until you NEED it. Automobile insurance doesn’t help until you get into a car accident. Life insurance isn’t of assessment of value until you die. And health insurance doesn’t do you any sizeably effective until you positive need medical assistance. But, if you believe in Murphys Law — that whatever may go wrong will go wrong — then you should think about grasping health insurance.

Health insurance coverage varies greatly between policies, but basically, it pays a pre-negotiated percentage of the expenses for a policy holders covered medical treatments.