Health insurance affordability

Health insurance affordability refers to how manageable the cost of medical coverage is for individuals or families. It considers premiums (monthly payments), deductibles (amount paid out-of-pocket before coverage kicks in), co-pays, and other expenses relative to your income. When insurance is affordable, these costs don’t cause financial strain or force difficult choices about healthcare. Affordability can be influenced by government assistance, employer-sponsored plans, and market options. Ultimately, it’s about ensuring people can access necessary healthcare without facing excessive financial hardship, promoting better health outcomes for everyone.