4 Reasons Why Every Business Owner Needs Business Health Insurance
If your company is a small business, most likely you yourself are the business. And if you don’t have health care insurance, not only is your health at risk, so is your business.
Sometimes you allow yourself to wonder what might happen to your business should a serious illness or injury happen to you, but then you shrug your shoulders and get right back to work again.
If this sounds familiar, maybe you should take effective action instead—like providing health insurance coverage for yourself and your loved ones today. Here’s why:
1. Taking care of minor health issues early can preempt crises
With professional care, most illnesses and injuries can be easily treated, allowing you to get back to work quickly. But if you don’t have health insurance plans when a severe health problem arises, you might think twice about seeking the health care you need.
A physical issue that starts out as a minor complaint can escalate without professional care and be even more costly in the long run. However, if you ask a doctor’s advice before things get out of hand, you’re more likely to avoid expensive medical emergencies.
2. The unexpected is sure to happen
There’s one thing about life: You can always expect the unexpected. One day you’re feeling on top of the world and everything is going your way. But things can change quickly. A serious injury or the sudden onset of a severe illness can compel you to seek a doctor’s care, whether you’re financially prepared to do so or not.
You know you can’t control everything, but maybe you try. You eat right, and you exercise. You’re a safe driver.
While these habits of yours provide you with some protection, you don’t live in a bubble.
Inhabiting the planet along with you are harmful microorganisms, hazardous situations, careless drivers and unsafe roads. Anything can happen at any time—and often does.
Just as you would never embark upon a long road trip without first ensuring that your car’s spare tire was safe to drive on, neither should you carry on in life without providing for your health care with insurance.
3. Health care costs in the US are higher than ever
And they continue to escalate year after year. While you might balk when it comes time to pay that insurance premium, remind yourself that the cost of that premium is surely lower than the cost of paying for medical care for an unexpected serious illness or injury.
Simply put, insuring your health helps you to control costs. And isn’t that something every business owner—large or small—tries to do? You can find ways to manage your health care costs, and if you choose the right level of coverage, you will neither pay too much in premiums or skimp on coverage.
4. The peace of mind you’ll get with insurance is worth the price of the premiums
When you give yourself the gift of insuring the health of yourself and your loved ones, you’ll sleep better at night.
While serious illness or injury might still befall you or someone you love, at least you’ll know that you won’t face financial ruin, too, if that should happen.
“But what if I don’t get my money back from my investment in health insurance?” you might ask.
Well, just think about that for a moment. Would that be so bad? True, you’ll only get your money back if a serious illness or injury should befall you, but really, isn’t your continued good health the best possible outcome?
Enough said. Almost.
Protect everything you’ve worked for in your business by taking the time to look into health care coverage today, then choose a policy and get covered.
In the long run, you owe it to yourself, to your family, and to your business to insure your health. And while you’re at it, make it easy for your employees to get health care coverage for themselves and their families, too.
Whatever you do, don’t wait, because when you get right down to it, insuring your health protects your business, too. And if you look at it like that, health insurance for small business owners like you makes perfect sense.