Essay On Health Care Insurance

Q2-Evaluate Vegemite’s brand image based on the social media research undertaken by Talbot and his team .In light of these historic factors, Why did Talbot want to revitalize the brand?

     There are so many problems with our society’s health care. Everyone wants to find a

The main function for health care financing is to pay for health insurance premium and reimburse health providers for services delivered. Still, there is a crucial challenge when creating health insurance plans, provide coverage for “health care needs without encouraging unnecessary spending.” (Maas) Over time, health care financing has been evolving, and now consumers can acquire health insurance through government programs like Medicare, which it is for the elderly, for certain individuals with disabilities and end-stage renal disease. Therefore, any person who meets the requirements can enroll to this program. Also, there is Medicaid, which it is the program for the poor, and Children’s Health Insurance Program best known as CHIP, which insure kids who come from low-income families. Nonetheless, there are several types of private insurance like self-insured plans, individual private health insurance, Medigap, and group insurance program, which it is “… a substantial number of people in the group will purchase insurance through its sponsor.” (Shi, 2019, p. 224) Further, thanks to the diversity and wide range of health insurance

Health insurance comes as second nature to many of us. We grab that blue and white card and put it in our wallet and forget about it until we are sick or injured. When this happens, there it is, cushioning our fall like the extra padding it provided to cushion our wallets. This is not the case with everyone, however. Many Americans have no cushion to fall back on, no blue and white card to show the emergency room when they have an unexpected health concern. No HMO with a convenient co-pay amount when their son or daughter develops an ear infection.

The Patient Protection and Affordable Care Act, more commonly known as Obamacare, was authoritatively marked into law on March 23, 2010. It was created to make healthcare lower-priced and effectively available to a more extensive scope of Americans. Under the law, individuals in the United States who do not meet all requirements for an exemption are obligated to acquire a minimum amount of healthcare coverage.

For example an x-ray machine could be leased and the organization would a fee depending on how many x-rays they take per month or year.

America’s Health Insurance Plans (AHIP). (2011, September 9). Rising Health Care Costs. Ahip.org. Retrieved October 22, 2013, from http://www.ahip.org/Issues/Rising-Health-Care-Costs.aspx

Affordable care act which is also known by the abbreviation ACA was signed to be part of the law in the United States federal statute in the year 2010 twenty third of March. The key aim to this act is to ensure that health insurance is affordable to all individuals in the U.S. The main intention of the act is to ensure that there is lowered uninsured rate that is to be made possible through expansion of private and public coverage of insurance services. More so, according to the act, there should be reduced costs for the individuals and the government in the healthcare industry. Under this law, it is the duty of an insurance company to make sure that all the applicants are offered the same rate within the minimum standards.

The insurance realm is part of the economy, and it helps fuel growth, when it is being regulated by the government you are limiting that growth. Not only is the government’s intervention a problem but also the overall cost of this “reform”. The affordable care act is projected to cost trillions of dollars in the long run. This can also cause employers to provide barely any coverage defeating the purpose of health insurance. According Scott Lindstrom business owners and employers will have a window in which they are required to provide their employees with these “minimal essential coverage.” After this window passes they no longer have to provide any health insurance. “Thus, employers may offer ESI (Employer-Sponsored Insurance) for a time,

As the health insurance exchanges find their footing and potentially millions of Americans gain access to insurance, this may be a good time to step back and take a longer term view of the ACA. When you get down to it, expanding health insurance coverage was the easiest and least controversial part of health reform. There is no shortage of ways to expand health coverage and almost any credible health reform proposal would have done the job, provided enough money was thrown at the problem.

An individual pays a monthly premium which is usually deducted from the monthly Social Security check. Participation in Part B is voluntary, however it pays for physician’s services and outpatient hospital services (emergency room services, diagnostic testing, laboratory services, outpatient physical therapy, speech-pathology services, and durable medical equipment; Health Economics & Policy, James W. Henderson, pg. 347).

Around the month of June the year 2006, a survey that was carried out revealed that there were close to 375,000 residents of Massachusetts who were uninsured which sum to about 6% of the total population of the state (Raymond, 2007). Health care is one of the key needs that any person is required to have. Since it comes at a cost, health insurance is always a platform to ease the hustle here and there. The health insurance law, chapter 58, was enacted with the main aim of reducing the percentage of the residents living without health insurance in Massachusetts (Polestar Communications & Strategic Analysis, Associated Industries of Massachusetts Foundation, 2006). The law was introduced to make sure that both

Cancer is one of the leading causes of morbidity and mortality worldwide, with approximately 14 million new cases in 2012.2 The amount of new cases is expected to rise by about 70% over the next 2 decades. Cancer which causes nearly 1 in 6 deaths, is the second leading cause of death globally, and was responsible for 8.8 million deaths in 2015. Approximately 70% of deaths from cancer occur in low- and middle-income countries. In 2012 about 14.1 million new cases of cancer occurred globally (not including skin cancer other than melanoma).3 The most common types of cancer in males are lung cancer, prostate cancer, colorectal cancer and stomach cancer.

Publications related to cancer that is cancer –historical summary (1948-2011). It keeps the record of new patients and death happened in that year. The other publications are cancer- new registrations and deaths 2012,national collection and surveys

Through these screenings, prognosis improves when breast cancers are discovered in their earlier stages. Better access to health care for all citizens owing to Singapore’s economic growth and urban development too, allowed for earlier detection (Jara-Lazaro, Thilagaratnam, & Tan, 2010). Life expectancy of breast cancer patients hence have improved quite spectacularly with early detection and successful treatments that delayed cancer deaths (Beesley et al., 2008). This means that more people have lived with and survived breast cancer (Jara-Lazaro, et al., 2010).