Health Insurance Solutions Part III

Health Insurance Solutions Part III

As consumers, it is our responsibility to become proactive and find the right solution for a health plan that will benefit you, your family and your finances. The Affordable Care Act requires the necessary changes to make health insurance premiums reasonable for all Americans, especially for people who can afford to buy insurance without receiving any financial assistance from the government . Everyone should be entitled to health care regardless of their ability to pay.

Pre-ACA

Prior to the ACA, insurers could deny coverage to people with pre-existing illnesses or increase premiums so high that consumers could not afford full coverage.

Post ACA

The measurement parameter of today 's law is based on everything but the health status of a person. The problem with this whole concept is the fact that there is no underwriting to measure risk for insurers. This, in turn, does not provide a fair risk assessment for insurers interested in providing protection to consumers. Why? Simply because the risk factors of the consumer's medical history are unknown. The solution does not take into account the cost of coverage and how it is paid for by taxes and all the rhetoric of politicians, media critics and other bipartisan groups.

A new approach for coverage

For consumers who have money and who are in good health, the underwriting process needs to be put back in place so that health insurance companies can measure and estimate risk by ensuring life people. Consumers should be able to buy coverage based on their health and well-being. There should be no reason for all Americans to be classified in the same category with regard to how health insurance premiums are calculated based on the current structure and law.

A place for ACA

For Americans who are:

• having financial difficulties,

• whose income is low, these individuals and families would continue to receive

Medicaid for their care.

• have pre-existing medical problems

• Need Financial Assistance

Under the circumstances listed above, insurers will provide coverage to people whose health care costs would be much higher than those of a person without a large risk. Government compensation to insurers could occur in the above situations; indemnify insurance companies not only subsidies, but also the assessment of high risks. Insurers can be reimbursed by the government since they have chosen to take such risks.

As you hear in the media, more and more carriers are pulling out of the health care market; known as "trade" because of the uncertainty with the current approach of government directives. As consumers, there is no need to panic. We need a blanket that protects our life and money before something happens to our physical bodies. Be encouraged to search and find the good deals you need. Consider this as an example:

• if you have a 5K franchise; obtain insurance that will cover this deductible amount.

• if you have an accident; have an accident cover in your plan

• If there is a family history of terminal illnesses, such as cancer, heart attack or stroke, establish a plan that will cover this type of health problem before establishing a diagnostic.

correct, it just needs to be implemented. Today there are operators who offer plan designs based on the examples given above in this article.



Source by Clark A. Thomas

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