Affordable Health Insurance

Benepath.com: Health Care For All Was Good Idea While It Lasted

July 18, 2008 – 11:20 am
Total health care coverage for everyone in Pennsylvania funded by the tax on cigarettes was a great idea until the political squabble erupted. The result of the squabble was no compromise could be reached. Sadly, the idea of funding health care for all could have been the perfect solution for the uninsured and uninsurable. But, as usual, politicians couldn't agree with one another and the whole proposal was tanked. There went a proposal that may have helped to kick the stuffing out of the $30 TRILLION dollar deficit in Medicare. It would have made sufficient inroads as an innovative strategy and set such an example for other states that the idea could have worked. So much for the practical day-to-day business of trying to stay healthy. How ironical that the business of trying to stay healthy funds the political arena and vice versa. This is a cycle that continuously goes ...

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Health Insurance Premiums Really Pay for the Actual Health Care Services

July 18, 2008 – 11:19 am
Unfortunately, roughly 20 percent of the people in the health care system incur 80 percent of the overall costs. Interestingly enough though, health insurance premiums really DO pay for the actual health care services. In fact, the figure is about 80 percent. What that means statistically is, 20 percent of the people who have the most health care costs use up about 80 percent of the amount on health services. In that 80 percent yearly there are roughly 14 percent who could be Mr. Miss or Mrs. Average American and have a broken arm, a baby or gall bladder surgery. The costs of those procedures put those people into the 20 percent bracket. That's what premiums are for, to protect people when they are in that 20 percent area. Health care costs are so high mainly due to the lack of competition in the health insurance market. This is the ...

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It Was A Good Idea While It Lasted

July 18, 2008 – 11:18 am
It was a good idea while it lasted – total health care coverage for everyone in Pennsylvania funded by the tax on cigarettes. Then came the squabble; the politics got in the way and no compromise could be reached. Oh it was a great idea when it was first launched – health care for everyone in the state of Pennsylvania funded by the tax on tobacco. It could have been the perfect solution for the uninsured and uninsurable. But--and there always seems to be a but – the politicians couldn't agree with one another (no surprise there) and the whole proposal was tanked. So there went a proposal that may have kicked the stuffing out of the $30 TRILLION dollar deficit in Medicare. Not the whole deficit, but it would have made sufficient inroads and set such an example for other states, that the idea could have taken right off. ...

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The 20 Percent Has 80 Percent

July 18, 2008 – 11:18 am
It's a fact that 20 percent of the people in the health care system rack up 80 percent of the costs. Such disparity is the bane of insurance carriers existence and one of the reasons for higher rates of insurance that translates into more uninsured people unwilling or unable to pay higher premiums. Most of your health insurance premiums pay for actual health care services - not profits, admin costs, etc. Seriously, it's about 80% of your premium. The 20% of us who have the most health care costs use up about 80% of the amount spent on health services. Six percent of the people are in the 80% every year, and 14% of those could be any one of us - a birth, a broken leg, an appendectomy all put you in the 20% group. You pay a premium to protect you for the times you are in the ...

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Big Employers Will Soon Drop Employee Insurance

July 18, 2008 – 11:16 am
It's a given in this day and age with the rising costs of health care that companies will soon start to drop offering insurance to their employees and instead offer them deductions to buy what ever they want in terms of health insurance. This is the beginning of a trend where insurance carriers will start focusing on individual health insurance. Why wouldn't they? It will be obviously the "thing" of the future thanks to the escalating Medicare deficit that is hovering somewhere around $30 TRILLION. Be prepared for many more changes to come as states, employers and insurance carriers try to find ways to reduce costs. To learn more and get a health insurance quote, visit http://www.benepath.com

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Pricing in the Health Care System Just Way Out of Line

July 18, 2008 – 11:16 am
It's worth your weight in gold to have a baby these days in the US. Did you know it costs anywhere from $3,500 to $6,000 to deliver a child? Oh you won't find that out by asking a doctor or calling the hospital, because they won't tell you. They don't tell you because if you knew what they charged you would go shopping for better prices. That's the major problem with the health care system today; there is no way to be able to compare prices and quality because no one is talking about what they charge. But the funny thing is they all KNOW what they charge because they HAVE to tell the insurance carriers what their rates are or they wouldn't get paid. To learn more and get a health insurance quote, visit http://www.benepath.com

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More Reasons for the Health Care Deficit

July 18, 2008 – 11:15 am
Lawsuits are another issue, particularly malpractice costs, defensive medicine and the impact on the morale of the medical community. And let's not forget the quality of care issue. Statistics indicate that the effect of poor quality health services costs over $1,300 a year for every employee covered by health insurance. Consider this as well. Every time a new drug or new technology is introduced, the cost of health care shoots up. You might want to call that inflation, just like doctors who promote medical inflation – meaning they (and the hospitals) keep charging more for the same services. And this will make you blanch. The rate they're charging has been about 150% of the overall inflation rate. That is just staggering. To learn more and get a health insurance quote, visit http://www.benepath.com

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Health Insurance Premiums Could Drop

July 18, 2008 – 11:15 am
It's not that hard to figure out that doctors HAVE to be charging fixed fees for their services. It's a given because they have to provide those rates to the big insurance companies. Part of the problem with the health care system and the huge deficit we face is doctors bleeding consumers to make up for the low fees given to big insurance carriers. Honestly, doctor and hospital charges are fictitious numbers unless you don't have health insurance, or are not a major carrier with the good discounts. In some markets they are 5 times more than what they accept from a major insurance company. FIVE times!!!!!! This prevents all health insurance companies from competing and makes your premiums much higher than they have to be. If everyone paid the same amount for health care services, health insurance premiums would drop dramatically. To learn more and get a health insurance ...

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Lack of Competition in Health Care Market a Problem

July 18, 2008 – 11:15 am
Lack of real competition in the health insurance market is an issue. A few large insurance companies that control the market have been created by how doctors and hospitals charge for their services. Seriously, try it sometime. Call around and find out how much it costs to have gall bladder surgery. Good luck with that. Or, try finding out what it costs to have a baby at the local hospital. Princeton healthcare economist Uwe Reinhardt tried to call local hospitals and got nowhere. You can't compare cost and quality when you're buying health services if you can't figure out how much care costs. To learn more and get a health insurance quote, visit http://www.benepath.com

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20 Percent of the People in the Health Care System Chalk Up 80 Percent of the Costs

July 18, 2008 – 11:14 am
It's a fact that 20 percent of the people in the health care system rack up 80 percent of the costs. Such disparity is the bane of insurance carriers existence, and one of the reasons for higher rates of insurance that translates into more uninsured people, unable or unwilling to pay higher premiums. Most of your health insurance premiums pay for actual health care services - not profits, administrative costs, etc. Seriously, it's about 80% of your premium. The 20% of us who have the most health care costs use up about 80% of the amount spent on health services. Six percent of the people are in the 80% every year, and 14% of those could be anyone of us - a birth, a broken leg, an appendectomy all put you in the 20% group. You pay a premium to protect you for the times you are in the 20%. ...

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