What is a common misconception about health insurance?

A common misconception about health insurance is that it is only necessary for older adults. This belief overlooks several important factors that contribute to the necessity of health insurance for individuals of all ages.

Health insurance plays a critical role across different life stages, providing financial protection against unexpected healthcare costs, no matter how old you are. Young adults, children, and even infants can face health issues that require medical attention, including accidents, infections, and chronic conditions. Moreover, health insurance often includes essential preventive services—such as vaccinations and routine check-ups— that are crucial for maintaining health at any age. Therefore, relying solely on the idea that health insurance is primarily for older adults fails to acknowledge the importance of health coverage for everyone, which helps to mitigate financial risks and promotes health equity.