Top Five Reasons for Not Getting Health Insurance

Nov 20, 2017
 Last year, an estimated 12.8 percent of Nevadans were uninsured. Many Americans are choosing to forgo potentially life-saving health insurance. Here are the top five reasons for not getting health insurance.

reasons for not getting health insurance 

  1. It costs too much.

When it comes down to it, you can’t afford to not have health insurance. According to a recent study, medical bills are the biggest cause of bankruptcies in the United States. Outside of bankruptcy, about 56 million adults will struggle with health care bills in a year. If you’re worried about health care plan costs, shop the Marketplace to find the best plan for your health and budgetary needs. Depending on your income, you may qualify financial assistance to help offset your monthly premium for an insurance plan with tax credits or you may also be eligible for Medicaid or possibly the Children’s Health Insurance Program, known as CHIP.


  1. The process of finding the right health insurance is too complicated.

Finding the right health care plan is simple if you can anticipate your needs. If you don’t expect any major health complications over the next year, you may want to consider a plan with lower premiums and a higher deductible. Search for a locally licensed enrollment professional for free enrollment assistance with our in-person assister tool to enroll in a qualified health plan that is best for you.


  1. My previous plan did not provide satisfactory coverage.

While all qualified health plans cover the ten essential health benefits, not all plans have the same coverage. Shopping the Nevada Health Marketplace for different plan options is a great way to make sure that your medical needs are covered by your insurance carrier.


  1. I am not eligible for Medicaid.

Even if your income deems you ineligible for Medicaid, you may qualify for financial assistance through Nevada Health Link. Most people whose incomes are just above the Medicaid level can pay low premiums for private health insurance through the Marketplace. Many consumers can find plans for $75 or less per month.


  1. I am healthy and do not need health insurance today.

If you’re relatively healthy, it may be hard to see the value in paying for health insurance. However, you never know when you’re going to get sick or have an accident. The average cost of an uninsured back surgery will set you back $23,724. It’s not a gamble worth taking.

To put it simply: you can’t afford to not be insured. The top five reasons for not getting health insurance aren’t valid when you explore all your options. At every income level, there are affordable health insurance plans available. If you missed open enrollment, certain qualifying life events (QLE) may make you eligible for a special enrollment period. QLE’s are life-changing events such as job loss, income change, marriage/divorce and birth/adoption of a child. 

Nevada Health Link can connect contact a certified broker or navigator to see if you qualify for special enrollment. Financial assistance is available to those who qualify, learn more here.