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what is the insurance premium for if you have to pay so much extra if something actually goes wrong.

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what is the insurance premium for if you have to pay so much extra if something actually goes wrong.

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Actually, only about 5% of all Americans have to spend more than 4 days in a hospital before that age of 65. Half of those are the result of accidents like car wrecks or pregnancies. We have about 300,000,000 people in our country. The numbers appear right as that leaves 7,500,000 that really need a hospital. That is over their life to age 65. Have to spend deserves a note as many people go to the hospital but do not have to actually have meaningful medical services. Whether you have your employer pay for the insurance, you co pay the insurance, or you do not have insurance, the medical industry is over charging by a factor of at least two. IF you have insurance the costs for the medical procedures are less than if you do not. Conversely, if you do not have insurance the costs are more. The net result of this, however, is that you pay more for medical help with insurance than without it.

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