How Important Is Health Insurance? 
Health insurance is vital for everyone . Even a person that is young and healthy can be involved in an accident . The average ER visit is around $ 1,300 while the average cost per hospital stay is over $ 10,000 . While health insurance can be very expensive , the new tax credits can reduce the cost significantly . Additionally , those under 30 can qualify for catastrophic coverage . These policies have lower monthly premiums and cover only preventive care and any costs over $ 6,350 per individual . This provides the lowest monthly premium while limiting out-of-pocket costs . 