Not only health insurance, but life insurance or other types of insurance are also really important, but lack of understanding and economic conditions are barriers that make many people misunderstand them as useless, even some people calling life insurance a scam. But I think no matter how difficult the economy is, we should equip ourselves with health insurance because it is extremely important and will bring great benefits if we have an unexpected accident.

Personally, I have had health insurance for many years and have never had to use it but I have witnessed the huge benefits of purchasing it. 5 years ago, my father had kidney stones and had to have surgery, the cost of an operation is up to $3k and that was a huge amount of money many years ago in a poor country. But fortunately, my family only had to pay more than $1k and the rest was covered by insurance. Since then, our entire family has purchased health insurance every year because we see its importance.