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Charlotte Amalie
Friday, August 19, 2022


The most prevalent question I, as well as other health insurance agents, get from our clients and prospects is; Why is health insurance so expensive? The simple answer is health insurance premiums are so high because health care costs are so high.
Since your health insurance policy promises to pay the covered and medically necessary health care expenses you and your family incur,(less the deductibles and coinsurance.) The more expensive the covered medical care, the more expensive the insurance is which pays the medical bills.
Many clients make the statement that health care should not be so expensive. However, I point out that the health care industry; pharmaceutical companies, medical research companies, even your own family doctor, are not to blame. They are not the bad guys.
The health care industry has done exactly what we have asked them to do. We have told them we want to live longer. We told them we want to live healthier. We want to play with our great grandchildren, even attend their wedding. And they have done exactly what we have asked them to do.
The diseases and degenerative conditions which decimated our grandparent's generation are no longer even part of our vocabulary. If we know some one who dies in their 70s we consider it a tragedy.
However, all of the new technological advances, groundbreaking pharmaceuticals and improved treatment techniques come at a price. And that price is paid by your health insurance carrier.
So, the next time you get your health insurance premium bill, or see the deduction for your employer's health insurance plan on your pay check stub, remember that old adage, "If you've got your health, you've got everything."
But also remember that someone has to pay the bill.
For an on-line quote or more information on what Gotts & Associates has to offer go to their Web site at www.gottsassociates.com.

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