In recent years, the cost, administration, and perceived value of health insurance for all Americans have garnered increasing attention. Broadly speaking, health insurance covers the cost of an insured person’s medical expenses. Recent legislation has made carrying health insurance mandatory for all persons with financial penalties for those failing to carry proper coverage. You may receive coverage as part of your employment package or you may have to purchase it openly on the health insurance market.

Outside of the United States, health insurance is often view as a right. In some locales, such as Canada and much of Europe, health care is covered by the state, much like public works and infrastructure costs. By contrast, the United States places the responsibility for health care coverage on the shoulders of the individual. As mentioned above, recent legistlation, commonly referred to as Obamacare, has mandated that all persons have health insurance, thereby spreading the cost across all persons and allowing access to all persons.