Benefits Of Public Health Insurance

1052 Words Apr 6th, 2016 5 Pages
reason behind the rise in private health insurance was to gradually expand the public health insurance programs for those who could not acquire coverage through the market. Similarly the Neupane 2 hospitals and medical coverage policies were developed during the first half of the 20th century. Even private health insurance is unaffordable or imply unavailable to many, including the poor, the unemployed, and elderly. Before 1965, only half of seniors had the health care coverage and they paid three times as much as younger adults pay in spite of having a low income source. Having health insurance is important …show more content…
When medical insurance is provided to the poor people, they not only find regular checkups from doctors, but also feel better, are less depressed and are better to maintain financial stability, according to new, large-scale study that provides the first rigorously controlled assessment of the impact of Medicaid. A research was conducted and it says that “Being uninsured is incredibly stressful from a financial perspective, a psychological perspective, a physical perspective,” Dr. Baicker said. “It is a huge relief to people not to have to worry about it day in and day out.” Health insurance provides the opportunity to maintain health by providing a low cost way to attend the doctor visits and to buy affordable prescription drug if needed.
Some peoples thought about insurance is different. Instead of having advantages, health insurance has lots of disadvantages. Being uninsured is safer than having insurance and have trouble financially. The main growing issue with insurance is cost. Health insurance seems to be very costly, even for those people who already are on plan. Another one is medical coverage, which may not be enough to sufficiently cover the cost of tests, surgeries and procedures that need to be done this leads the person to pay higher
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