Going Uninsured
 

Also known as self-insuring, because you assume the entire risk and pay 100% of the cost of your health care needs.

  • Eliminates your monthly premium, but...
  • The cost of unexpected medical needs can be catastrophic
The Cost of Getting Sick...
...but not too sick. What would you pay:
Condition Estimated Cost
Broken Leg
$15,401
Appendicitis
$11,446
     Source: Healthcare Cost & Utilization Project, Agency for Healthcare Research and Quality

The Cost of Getting Sick...
...but not too sick. What would you pay if hospitalized:
Age Average days in hospital Estimated Cost
Less than 1 3.1 $7,305
1-17
4.2
 $13,604
18-44
3.6
 $12,201
45-64
5.3
 $22,296
     Source: Healthcare Cost & Utilization Project, Agency for Healthcare Research and Quality

The Cost of Getting Sick...
...very sick. What would you pay:
You can't afford to be without it.

Health coverage protects you and your employees from the high financial exposure that may accompany even common accidents or illnesses.

For a more acute condition, the costs could be several times the amounts shown above. Maintaining comprehensive health insurance at all times will help you avoid this kind of financial burden. One of the most common reasons cited for personal bankruptcy is lack of adequate health insurance.
     Source: Healthcare Cost & Utilization Project, Agency for Healthcare Research and Quality


Note: If you choose not to elect continuation of group coverage under COBRA you will loose valuable rights under HIPAA.

COBRA Comparison | COBRA FAQ | Glossary