What plagues the Health Insurance Sector in the U.S.? - Well, there is a lot of talk as well as sincere efforts being made by the Federal Governments in the U.S. to put the health insurance reforms in place before it gets too late. The critics may say that it is already too late, but the speed and the sincerity of the proposed reforms can surely uplift the health insurance sector in the U.S., consequently, the general level of health care across the country.
What plagues the Health Insurance Sector in the U.S.?
By Shaun Mike
Apr 22, 2010 - 9:30:46 AM
Well, there is a lot of talk as well as sincere efforts
being made by the Federal Governments in the U.S. to put the health insurance
reforms in place before it gets too late. The critics may say that it is
already too late, but the speed and the sincerity of the proposed reforms can
surely uplift the health insurance sector in the U.S., consequently, the
general level of health care across the country.
The facts and figures point out that the problems being
faced by the U.S. health insurance sector is perennial and deep-rooted. The
situation is grim with only a ray of hope for the health care scenario
currently prevalent in the U.S. The sorry state of the facts and figures
emanating from the U.S. health care sector in the last decade surely calls upon
the legislators and statesman to act swiftly.
Various reports indicate that a vast chunk of Americans go
uninsured every year – a problem that equally affects working families as well
as the non-working class. A 2004-2007 report by Rhoades JA and Cohen SB on the
long-term uninsured in America reveals that 32 per cent of the working-age
adults and their families had a gap in their health insurance coverage for at
least one month in 2006 and 2007. The financial and health consequences of this
gap can not only be devastating for the general public, but may also have far
reaching repercussions on the U.S. economy as well. The health insurance
premiums for the employer-based policies have shot up twice since 2000, a rate
that is thrice the growth in wages during the same period.
Amid the various pieces of legislation and health care
reforms on the anvil, one of the most effective steps to improve the health
care sector in the U.S. can be the health care and health insurance education
at its very best. The consumer awareness and consumer education on a massive
scale can surely speed-up the positive changes that the entire nation is
striving for.
There has been huge uproar about the healthcare bill passed
by Obama’s government. Lots of states have risen against it but at the same
time, this issue has brought healthcare reforms to the national level where a
lot of brainstorming is going on. It goes without saying that there was never
such a focus on healthcare issues.
At the same time, there is another bill that enforces state
government’s authority to put a check on the increase in premium that insurance
companies are allowed to make. This bill gives the state governments to have
control over this hike; and in case state governments fail to act, the federal
government can enforce its authority.
Another issue has come to fore. Telemedicine coverage was
never on the national bill passed by the government. But individual states have
passed the bill that forces the insurance companies to provide complete
coverage for all telemedicine costs.
So, overall, a lot of issues are propping up. With a little
wait on our side, we will be able to see some reforms implemented for US
healthcare system.
Shaun Mike is a famous writer for topics including
health
insurance Virginia and healthcare reforms. His articles are widely
read and anticipated with great expectations by the readers.
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