Opting out of family health insurance may be risky. It may also cost a family their life savings.<\/p>\n
While it\u2019s pretty much a given that family health insurance is necessary, many families find themselves between a rock and a hard place when it comes to paying the bills and keeping their insurance premiums current. Many choose to drop their family health insurance.<\/p>\n
\u201cThis is a risky thing to do, because if a member of the family is involved in an accident or contracts a serious illness, your savings could vanish just about overnight while trying to keep up with the bills,\u201d states Evan Tunis of Florida Health Care Insurance, Delray Beach, Florida.<\/p>\n
At one time, families could afford to pay a hospital bill when it arrived in the mail. The cost of health care back then is nowhere near what it is now. Given the current state of health care in the US, even (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Opting out of family health insurance may be risky. It may also cost a family their life savings. While it\u2019s pretty much a given that family health insurance is necessary, many families find themselves between a rock and a hard…<\/span><\/p>\n