Money Fit

Our Money Fit articles on Healthstatus.com

5 Things To Consider When Purchasing Critical Illness Insurance

While you may already understand the importance of financially safeguarding your loved ones with a basic life insurance plan, you may not have considered how you and your family may be impacted by an unexpected illness or injury. Should this illness or injury impair your ability to work or pay your bills, you may be […]

Are Canadians Happy With Their Healthcare In 2020?

Here are the TOP 3 key things to know: Something makes the Canadian healthcare system overwhelmingly better, while the Americans suffer from insufficient medical help and overpriced medications.

Medicare Facts: Everything You Need To Know About Medicare

Medical care costs lots. And as your age grows, so do your medical bills. A 2019 study revealed that even a healthy male-female couple that retires at age 65 should plan on spending  $285,000 on their medical expenses  during their retirement.

How Did US Healthcare Become So Expensive And When It Happened?

Unlike many countries, the United States does not provide its citizens with a uniform health insurance system. Instead, their health safety depends on their insurance coverage. A serious illness can ruin an American resident financially, and a single complicated procedure can devour their life savings. That is why having health insurance is so important.

4 Basic Insurance Terms You Need To Know

Dealing with health care insurance for the first time can be very confusing, so we’re going to give you a crash course in all terminology you can encounter while shopping for private health care insurance. Gathering relevant information about insurance can help you when you have to decide on a perfect insurance plan for you […]

3 Things You Should Look For In Health Insurance Carriers In 2020

Everyone needs to pay attention to health insurance trends each year. Many people need to focus on Marketplace health insurance while others are heading toward retirement and need to start making plans. In either case, 2020 has changes that might affect someone, no matter where you are in your career, retirement or otherwise.  

Coping With Stress And Financial Worries Throughout Lockdown

Aside from the obvious physical health factors that come with living in lockdown, the COVID-19 pandemic has also had an adverse effect on many people’s financial situations, with some unable to work and some losing their jobs altogether.

6 Resources For People Without Health Insurance

Countless people around the world don’t have the luxury of health insurance access, leaving them vulnerable to hefty medical bills in the event of an emergency. Depending on the nature of health care, some individuals have left footing bills worth thousands, which leaves them in a state of financial despair.

Why Everyone Should Have Life Insurance

Most people think that having life insurance is a financial burden, especially for those living from paycheck to paycheck. However, little do they know that life insurance is vital not only for the payer, but also for the beneficiaries. Still, they consider life insurance as an expense they can’t afford.

Influences Of Health On Life Insurance Rates

The world today has become more comfortable to live in, as compared before. Food has become more convenient to have, places are now more accessible, and even medicines and medical equipment have evolved. Along with these developments, life expectancy also changed according to one’s lifestyle.