Why the Young & Healthy Need Health Insurance

November 1st marked the first day of open enrollment to sign up for health insurance if you do not receive it  on the federal insurance exchange at healthcare.gov.  The open enrollment period is shorter than in previous years: it closes December 15th.  Many states, including Colorado, offer state-run exchanges.  Colorado’s exchange is located at  connectforhealthco.com.  Young and healthy Coloradans may think that Health Insurance is a wasted expense; however, accidents involving injury are a frequent occurrence and for younger adult victims without health insurance, these events can destroy their credit history and financial independence.  

According to a report by the National Highway Traffic Safety Administration, nearly 2.5 million people were hurt in police-reported car crashes in 2015.[1]  On average, 6693 people in the country were hurt in automobile accidents per day in 2015.  As of today’s blog post, figures for 2016 are pending.  Data compiled by the Centers for Disease Control and Prevention showed that car crash injury was among the top 4 reasons adults aged 25-34 were evaluated in the Emergency Room in 2015.[2]  In Colorado Springs, the cost of an emergency room visit with transport by ambulance following a car crash will fall somewhere between $5,000 to $10,000, depending on the amount and type of diagnostic testing ordered by the ER physician.     

The common misconception among young adults is that Health Insurance is not needed to cover the cost of accident-related medical care because bills are not the responsibility of an injury victim if a crash was someone else’s fault.  Unfortunately, in most instances, an at-fault driver’s insurance company will not pay anything in in compensation, including medical bills, until a case is settled and once a case is settled, you cannot go back for more money if you discover your injury was more serious than you initially believed.  Additionally, apart from the ER, most physicians and medical providers who are best equipped to treat accident victims will not do so absent some guarantee of repayment from a source other than the uninsured patient herself, such as Health Insurance or Medical Lien.

Consequently, injury victims without health insurance may have medical bills end up in collections long before a settlement is reached with an at-fault driver.  If these injury victims remain uninsured and without legal representation, they are unlikely to obtain the care they need to fully recover from crash injuries and may live with pain and future medical expenses indefinitely.  For these reasons, we encourage all Coloradans, even the young and healthy among us, to insure themselves for medical expenses because in an instant, any one of us could become an injury victim.

If you are injured in a traffic crash because of another driver’s negligence, contact the Colorado Springs Injury Attorneys at Rosenbaum & Wootton, P.C. to find out how we can help you maintain your good credit rating and financial independence while receiving the care you need to recover from your injuries whether you carried health insurance or not at the time of the crash.  To schedule your free consultation, just call 719.634.0102 or click on this link to schedule your FREE INITIAL CONSULTATION.  

This entry was posted in Auto Accident, Bicycle Accident, Brain Injury, Car Accident, Dealing With The Insurance Company, LEGAL BLOG, Motor Vehicle Accident, Motorcycle Accident, Pedestrian Accident, Personal Injury, PRACTICE AREAS. Bookmark the permalink.

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