Health insurance is a risk management tool that ensures you have access to the healthcare you need and when you need it without causing a heavy financial burden. People usually consider individual health insurance when their employer does not offer any or adequate group insurance coverage. There are different types of health insurance coverage designed to meet the various needs and financial means of individuals. That is why you should carefully study available options in order to decide the level of risk you are able and willing to assume, the premium you can afford to pay and the flexibility that you desire in order. This way you will be able to fully understand the policy being offered and get the best for you.