CAL Financial - Health Insurance

Health insurance makes healthcare affordable and protects against high costs from accidents and illnesses. Young, healthy individuals might think they can forgo insurance, but unexpected expenses can arise. For example, a broken leg could cost nearly $8,000, while insurance might reduce your out-of-pocket cost to about $1,600. Severe conditions can lead to even higher costs, such as hospital stays exceeding $30,000. Insurance plans often have out-of-pocket maximums, limiting annual expenses. Additionally, they typically include prescription drug coverage, making medications accessible for those managing chronic conditions, which would otherwise be unaffordable for many.