The uninsured individuals always encounter the risk of going bankrupt due to sudden huge medical expenses incurred due to unforeseen illnesses and serious health disorders. Medical incidents are very expensive and always on the rise especially if you live a state with high cost of living.

With health care expenses skyrocketing every year it is nearly impossible for an average working class individual to bear the expenses out of his own personal pocket.

In the past years, American families going bankrupt due to not purchasing a suitable health insurance plan has been very common. These families ignore the fact that by saving a few dollars as a yearly investment for health care, they spend on medical examinations much more than what they would have invested for medical insurance.

It is high time that the mindset of the people change and every individual starts insuring his entire family through a beneficial family insurance plan at affordable rates.

Another factor highly contributing to people allowing their health insurance plan to lapse is the rising unemployment due to the economic crisis. In this case, it is still important for people to keep at least the basic medical insurance coverage by purchasing short term health insurance plans.