All of the following are true about health insurance except: A. Purchasing health insurance can help save you from medical bankruptcy. B. Being young and healthy means you can skip out on health insurance. C. If you don't have health insurance, you pay all costs for healthcare and medical emergencies. D. Health insurance decreases your healthcare costs.
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Answer

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Step 1
I'll solve this problem step by step, focusing on the logical reasoning behind each option.

Step 2
: Analyze the statement "All of the following are true about health insurance except:"

- This means we need to identify which statement is FALSE about health insurance - We'll evaluate each option carefully

Final Answer

Being young and healthy does NOT mean you can or should skip health insurance, as unexpected medical needs can arise at any time.