How can health insurance help you out? There are millions of people who understand the benefits of health insurance and acknowledge that it is indeed a smart financial move that hedges against risks in times of sickness or even death but they still lack insurance because they cannot afford it. In the United States, there about 800,000 people who live below the poverty line and cannot afford health insurance let alone enough food clothing and shelter.\n\nThe government’s efforts to expand access” to care while limiting costs are like blowing up a balloon while simultaneously squeezing it. The balloon continues to inflate, but in misshapen form. I also believe there is a moral imperative to achieve universal health insurance coverage in our society.\n\nIt creates long bills to pay for hospital room rent, operation theatre charges, nursing expenses and other related services. But of course, we patients aren’t the real customers; government funding of electronic records wouldn’t change that. It is important to ensure that quality services are provided at the hospital.\n\nAfter that limit is reached, the insurance company starts paying for the particular care. An HSA is a tax-advantaged savings account, like an IRA, tied to a high deductible health insurance plan. Low Cost: Qualified HSA insurance plans cost less due to the high deductible regulations.\n\nWith Obamacare, though, he felt forced to pay extra to help others get benefits that he’d never had or needed. And again, the distortions caused by a reluctance to pay directly for health care—in this case, emergency medicine for the poor—are in large part to blame.