It really pays to look around. Credit Cards are convenient, but unless you are careful you may be shocked when you get your monthly bill. Keep all your receipts to keep track of what you spend. Since most Americans cannot afford the high cost of medical care, they rely on insurance in medical emergencies. For an international student, one serious illness, injury, or catastrophic medical emergency can mean financial ruin and spell the end of his or her educational dreams.
Medical insurance is an absolute necessity in the United States.
When an individual purchases medical insurance, his or her premium is combined with the premiums of others to form a pool of money. That pool is then used to pay the medical bills of those participants who need medical care. For most people, insurance is the only protection against rising medical costs and unexpected emergencies. How to Evaluate an Insurance Policy To make effective comparisons among insurance policies and choose the one that offers the selection of benefits best for you, you need to understand the important features of most policies. You may be tempted purchase the one lowest in cost, but this could be a mistake if you later need treatment and learn that the inexpensive policy will not pay for the care you require.