Did you know that heart attacks are the number one cause of death for both men and women in the United States?
In this article, we will explore the benefits of heart attack insurance and other tips by an insurance agent.
Suffering a heart attack can lead to all kinds of expenses. Even if you have a good health insurance plan, you might still have to pay anywhere between $5,000 to $10,000. With regular household expenses coupled with lost income, it’s not difficult to see why medical bills lead to more than 60 percent of American bankruptcies.
Below is a list of reasons why you need to sign up for heart attack insurance:
Prevalence of Heart Attack
Heart attacks can happen at any time to anyone. Even those who live a healthy lifestyle are at a high risk of having a heart attack. In fact, the American Heart Association approximates that each year, nearly 805,000 people get a heart attack. They even predict that by 2035, almost 45 percent of Americans will have some form of heart disease.
No one likes to think about the possibilities, but this doesn’t mean that the risk isn’t real. Having heart attack insurance will help you and your family stay financially secure in the event that you do go through a heart attack.
High Cost of Treatment
According to data published by the CDC, the cost of heart disease in the United States totaled approximately $219 billion in both 2014 and 2015. This primarily includes the cost of healthcare services and medicines.
By the year 2035, the total cost of heart diseases is predicted to rise to $1.1 trillion, while over 130 million Americans are forecasted to have some kind of cardiovascular disease.
The cost of a heart attack can be extremely high for an individual and their family. For instance, studies show the only the hospitalization charges for a heart attack patient can range from $5,426 to $16,955 or more.
For most people, heart attack insurance is a good choice for helping with the excessive costs of care and treatment needed after a heart attack.
Provides Coverage that Other Medical Insurance Plans May Not Provide
After a heart attack, there are several immediate costs that may not be covered by your other health insurance plans. These costs may include:
- Hospital charges
- Possible surgery
- Diagnostic tests
Many people believe that their medical insurance will largely cover these medical costs. While this may be true, the medical insurance plan will not cover all of the treatment and drugs associated with a heart attack.
Moreover, medical insurance certainly won’t cover all the indirect, non-medical costs associated with a heart attack. For instance, the cost of lost productivity and income is one of the largest, indirect post-heart attack cost that is not covered by medical insurance.
Given that medical bills are a common cause of bankruptcy in the United States, it’s extremely important that you secure yourself from such a fate, particularly if you have a family history of heart attacks.
At Bay Insurance Services, we provide comprehensive heart attack insurance so that you stay secure in the unfortunate event of having a heart attack.