Wednesday, February 4, 2009
WHY MUST WE USE OUR MEDICAL CARD WITH CARE?
We must use our medical card with care because we may not be able to buy another new medical card from the same insurance company or other insurance companies in the future.
When we are old, we need the medical card the most. However, our medical card may not be enough to cover our medical bills as we keep making unnecessary claims when we are young. We may say that we can buy another new medical card. We can only do so if we are still healthy. Although we are still healthy, some insurance companies may not want to cover us because we make too many claims in the past.
Some insurance companies promise us that our medical card is renewable every year but they never promise us that we can buy another new medical card any time. If some insurance companies want to cover us, they will charge a higher premium or impose more exclusions or both.
In addition, if we use our medical card with care, the premium rates of medical card will probably remain unchanged in the future. In other words, our next generation will probably not pay more for the same medical card we have now.