Health Insurance: Like-For-Like Cover

Health Insurance Marketplaces are virtual spaces run by the federal government or by states, where the customers can see different plans and prices offered by insurance providers.

Health insurance is essential in order to assist in paying for hospital and clinic visits. Without health insurance cost would be astronomical and people would not be able to afford health care. Blue Cross/ Blue Shield and Health Maintenance Organization, were some of the many insurance companies widely used before the Affordable Care Act. Although health insurances existed, many individuals and families were not able to afford them due to the increase in the cost of health care. New research over the years has enabled the creation of new medicine and technology in our practice. This leads to services being more expensive for individuals, which raises the price of insurance.

The author states that if America is able to find the political will to provide universal healthcare coverage, the rest of the world can then show the way. This says to me that the United States must look within itself and make the moral determination as to whether healthcare should be considered a fundamental right granted to all its citizens as a theme of this book. Once addressed, the United States can join the other industrialized countries that have long since implemented universal healthcare systems such as: Germany, France, United Kingdom, and Canada; who have more cost effective systems which produce better health outcomes than the US.1

No one plans to have oneself or a family member diagnosed with a chronic disease or to be involved in a debilitating accident. Unfortunately, these situations are all too familiar and can happen every day. Having health insurance when these life changing events occur can provide a person or family

I agree that healthcare insurance is, in fact, an inelastic product. As you mentioned, people still choose not to be covered even though there is a cost of not having any insurance and it goes up each year and he or she is penalized. The theory you have for the different costs of over-the-counter medication is exactly how I see it. Medication costs different prices because of either the brand or mainly where it is sold. People seem to think if they buy the name brand that it is more effective than the generic and they are willing to pay the cost of it.

Why do people remain uninsured? According to the Kaiser Family Foundation (KFF), “Even under the Affordable Care Act (ACA), many uninsured people cite the high cost of insurance as the main reason they lack coverage”(Key Facts) “In 2015, 46% of uninsured adults said that they tried to get coverage but did not because it was too expensive”(Key Facts). Many people do not have access to coverage through a job, and some people, particularly poor adults in states that did not expand Medicaid, remain ineligible for financial assistance for coverage. Some people who are eligible for financial assistance under the ACA may not know they can get help, and others may still find the cost of coverage too expensive.

Michael Fraser is the executive vice president of the Pennsylvania Medical Society. Fraser states that some of the plans offered through the Affordable Care Act have an annual deductible of $6,350. Patients must pay this deductible before insurance covers any portion of their medical fees. Once met, these plans only cover 60 percent of the medical costs, leaving the patient responsible for the remaining 40 percent.

Obamacare is not universal healthcare. The United States actually has an extension of health insurance coverage that is the program we all call Obamacare. This extension of health insurance coverage is expected to cover an additional 26 million people by 2024. In understanding this concept, what we need to understand fully is that the United States does not have universal coverage. Obamacare does not eliminate uninsurance in America; instead, it cuts the number of people lacking coverage about in half. Even after Obamacare is fully implemented, budget forecasters still expect that 31 million Americans will lack insurance coverage which is a bigger group than the people buying coverage on the exchanges (Vox.com).

Health in low-income countries varies greatly from health in high-income countries. This is due to many social aspects including cultural patterns, cultural standards, society’s technology, and social inequality (Macionis, 486). In this particular study, health insurance coverage in the United States greatly differs among each state. In Table A-1, titled Population Without Health Insurance Coverage by State: 2013 to 2015 (which we received during class), the percentage of uninsured people in each state greatly differs. In 2015, the states with the highest percentage of residents without health insurance coverage (in no particular order) included Alaska, Florida, Georgia, Oklahoma, and Texas. The states with the lowest percentage of

Universal health coverage is a broad term meaning that everyone has “access to good quality health services without suffering financial hardship, atlease that is according to the Organization for Economic Cooperation and Development (Links to an external site.)Links to an external site.. America spends over 3 Trillion a year for health-care. Despite the huge price tag, America is the only fully developed nation with out Universal health coverage. It is and has always been a possibility for the U.S.A. Presidents like Bush and Obama makes laws and get both parties to approve of the bill to fufill the U.S.A standard health-care plan. Not Universal health care. However if the United States did switch to the Universal health coverage noone would

Health is improving for everyone to life a good and happy life. If you are healthy you are more likely to succeed comparing to an unhealthy person. Medical procedures are expensive and it's for people to spend so much on these checkups or surgeries. Health insurance gives an opportunity to pay less comparison to your actual bill amount for your medical procedures.

In 1915, reformers issued the first major proposal for national health insurance in the United States. In 1929, the first current group health insurance plan was formed. Since that time, Americans have relied on private insurance to help protect their families. Across the nation health insurance has provided a level of comfort when a medical situation arises. Policyholders know that there will be reliable services as well as assistance with the costs. Since the passing of The Affordable Care Act (ACA) in 2010, there has been agitation in Washington, and it continues to be a topic for arguments among Americans. Even though healthcare has always been a priority, an important part of our lives, the ACA, and its provisions are detrimental. The

Thank you for your being a member of the Conservative Party of Canada (CPC) government. The Canadians population of 35,182,000 as of 2013 with life expectancy of 80 - 84 years, male and females respectively as of 2012 report (WHO, 2015), has truly benefited from the CPC form of government. In looking at long terms prosperity, universal health coverage is one advantage that removed the health disparities by providing health care coverage to Canadian citizens regardless of social economic class, and past medical history. The Canadian government provides allowances, supplemental income, and educational subsided programs for those at the bottom of the society (Canada’s Public Health Leader- [CPHA], 2010).  The Canadian social determinant of

Health insurance in the United States is a relatively new phenomenon. The first insurance plans began during the Civil War (1861-1865). The earliest ones only offered coverage against accidents related from travel by rail or

"Insurance is a legal contract that protects people from the financial costs that result from loss of life, loss of health, lawsuits or property damage."(Nielson.) This protection is given to the customer in exchange for a monthly payment to the company. This is a legal contract which is known as a policy, binds the customer to the insurance company for the duration of the policy. Insurance, whether it be life, health or auto, helps customers feel safe from everyday risks that can happen in life. Most insurance is optional, although some states enforce a law that automobile insurance must be purchased in order to register a car. Automobile insurance is very important. It helps the policy holder to protect their car