Saturday, 25 of October of 2014

Health

Health Care Today

Unfortunately, today we are in very trying times with some census bureau estimates over 40 million Americans are without healthcare coverage today.

Where the Clinton Administration leaned towards socialized medicine, the Bush administration acknowledges the same crisis, but is calling for demand accountability and responsibility from insurance carriers, allowing access to doctors and surgeons (freedom of choice in some form) and placing caps on malpractice suits but no such price controls on any medical providers other than the current Medicare provider caps. With no political judgement Kerry never happened and we are operating with the Bush plan.

The Healthcare Crisis called the Trillion Dollar Deficit by some has put an end to the days of putting your policy in the safe and thinking you are covered.

In addition to the 40 Million Americans without coverage a large percentage of those are with sub-standard coverage and are looking for ways to reduce premium cost.

With premiums reaching the price of mortgage payments some buy individual insurance for their dependent coverage away from their employer sponsored plans as the cost of dependent coverage rises with employers.

Health care costs and benefits is now a major bargaining issue between many union and management contracts as employers struggle with higher costs asking employees to pick up a larger share of those costs. Many employer-sponsored plans are substandard without enough coverage to keep a family out of financial hardship should an expensive medical issue occur. The General Motors chief says health care costs imperil United States competitiveness!

The new Medicare prescription benefits passed recently can provide catastrophic coverage for those with very high prescription costs and no other prescription benefit insurance. Also, the new Health Savings Accounts (HSAs) were established by the Medicare Prescription Drug, Improvement, and Modernization Act. The law made HSAs effective January 1, 2004. These tax-free accounts are designed to help individuals save for qualified health expenses that they, their spouse or their dependents incur. An individual who is covered by a high deductible health plan can make a tax-deductible contribution to an HSA, and use it to pay for out-of-pocket medical expenses. More….See Health Savings Accounts (HSAs).

The Medicare Prescription Drug, Improvement, and Modernization Act will help more American families get the health care they need at lower prices through PPO discounts. Nonetheless while it will spell relief for many, it will not be a panacea as it doesn’t do anything to reign in costs. In addition it doesn’t solve the problem for those caught in the quagmire between employer sponsored plans and individual health insurance with pre-existing conditions some to the extent they are uninsurable. Besides the cost issue many purchasers of health insurance coverage are surprised to find out simple things like allergies and mild cases of asthma will not be covered either for a period or in some cases permanently. Now almost any type of pre-existing condition is either temporarily or permanently excluded in benefits.

As independent agents representing many health care providers, we believe we have at least a partial solution for almost everyone. In addition to the fact an individual should never quit, change their job or certainly retire without considering the healthcare issue first, we believe there are; 7 FACTS TO KNOW BEFORE BUYING HEALTH INSURANCE.

If you would like a Health Insurance Quote, please fill out the information in the quote section. Keep in mind these are generic quotes generated by computer software. With the appropriate information a health insurance quote specific to your personal needs takes only a few minutes. Contact us at (888) 818-2210 or simply email us . We will try to respond within 24 hours.