DOES HEALTH INSURANCE TREAT SERIOUS ILLNESS?

  Sometimes you hear that health insurance is only for little things; for flu, "easy" illnesses, those things. The truth is that not only is this not the case, it is even just the opposite. Health insurance takes care of the most serious ailments of its clients. And to prove it we are going to use two arguments.

First of all, we ask you this question: if private insurance only deals with minor ailments, why does it have so much equipment to take care of serious ones? The National Catalog of Hospitals is an official statistic that describes each hospital center in Spain, with an indication of its patrimonial dependence (which allows differentiating those that are private for-profit) and the equipment they have. If we do the math to see what percentage of this equipment is in the hands of private hospitals, we may be surprised.

As a second argument, there are the data of the insurers themselves. If we divide life insurance clients into healthy/mild (those who, throughout the year, cause an expense in tests and medical services of less than 500 euros); serious (those that generate an expense between 500 and 6,000 euros), and very serious (more than 6,000 euros of annual expenditure on medical tests and treatments, we found that clients with mild problems barely account for 21% of all benefits for health services. Clients with serious ailments alone account for one out of every two health services that are provided in private insurance, and very serious a quarter. Every hour of the year, because you already know that health care does not rest, the health insurance invests 360,000 euros in the health of people with serious ailments and 190,000 in that of people with very serious pathologists.

A third of the healthcare equipment for serious illnesses is installed in private hospitals

As can be seen, there is equipment that is used for diseases as serious as cancer, of which a third of those installed are in private medicine, which is used by insurers.

Health insurance, therefore, is not just for “nothing” or little. Many people trust insurance every day to cure, prevent or mitigate serious or very serious anthologies. One of the reasons why confidence in these insurances is increasing every day.