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	<title>New answer on: How Important Is Health Insurance?</title>

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		<title>By: Jim Winkler</title>

		<link>https://insurancelibrary.com/health-insurance/how-important-is-health-insurance</link>

		<dc:creator>Jim Winkler</dc:creator>

		<pubDate>Thu, 24 Jul 2014 21:31:45 +0000</pubDate>

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		<description><![CDATA[That is a great question! Health insurance is the best defense against a medical emergency that destroys your financial stability. 60% of all bankruptcies are caused by health emergencies, and the costs that arise from them. If you are one of the 60% of Americans that have less than $3000 to your name, or part of the 77% that are living paycheck to paycheck, your health insurance is worth whatever you pay for it. I sincerely hope that you have some. Thanks for asking!]]></description>

		

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		<title>By: Michael Pelfrey</title>

		<link>https://insurancelibrary.com/health-insurance/how-important-is-health-insurance</link>

		<dc:creator>Michael Pelfrey</dc:creator>

		<pubDate>Mon, 25 Nov 2013 21:37:45 +0000</pubDate>

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		<description><![CDATA[Health insurance is vital for everyone.  Even a person that is young and healthy can be involved in an accident.  The average ER visit is around $1,300 while the average cost per hospital stay is over $10,000.  While health insurance can be very expensive, the new tax credits can reduce the cost significantly.  Additionally, those under 30 can qualify for catastrophic coverage.  These policies have lower monthly premiums and cover only preventive care and any costs over $6,350 per individual.  This provides the lowest monthly premium while limiting out-of-pocket costs. ]]></description>

		

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