How do individuals benefit from having health insurances?

Due to skyropcketting of medical costs, the common people are in a state of quandary and become helpless spectators, to let their closed ones die for lack of medical treatment. In this situation, individual health insurance policies act as panacea and help them withstand from plunging into total disarray. By paying affordable yearly premia, they can cover themselves with a moderate to high coverage according to their capabilities, without selling their properties to meet up medical expenses.