"Do you really need health insurance? Well...do you really need to bathe? Can you get by in life without eating vegetables? Do you really need to change your auto oil? Good questions.
From time to time, some folks will ask me, ""Do I really need health or Medicare insurance?"". I will say, this is a valid question, especially for people who pay a monthly premium yet never seem to use their coverage. I've been there myself, at around age 22, with little income and a choice to either pay for insurance or go to a concert.
The only reason you need health insurance is in the event that you have a large bill for health care costs. For example, if you were in the hospital for 2 days, with surgery and recovery, a typical bill could be $60,000. This would financially hurt most people, often causing bankruptcy. Since the ability to foresee the future is quite difficult, we never know when we will actually use our health insurance benefits. For this reason, it is highly suggested that you have health insurance.
There are, of course, many other reasons to get health insurance. Preventive care, lower cost Dr bills & Rx, plus the feeling of taking responsibility in life are all good things. Surely, though, there are ways to argue against health insurance. But we are all adults here, right.
If you do choose to go un-insured, I still want you to be victorious. Here is a link to some ways to win without health insurance.
Yes you do need health insurance, I argue. Now, if I can just get my kids to believe they must eat their vegetables..."