The Myth Called Health Insurance

by Jyothsna on  March 23, 2007 at 11:05 AM Health Insurance News   - G J E 4
The Myth Called Health Insurance
In the United States, having a health insurance does not seem to help people when in need. This was reported in a study undertaken nationwide. This study was funded by W.K. Kellogg Foundation and the Missouri Foundation for Health.

The Access Project of Boston has reported the faults of health insurance in a study called "The Illusion of Coverage". According to this study, high co-payments and deductibles, cumbersome and complicated insurance policies and routine denial of claims are few factors that continue to harass people. Financial security and economic stability of a family can be challenged by medical debt.

The group had listed its findings after interviewing 45 people in seven states. The people who had been interviewed had accumulated a huge debt despite having health insurance. The finding sought for clearer rules and standards of accountability for health insurers.

The increase of insurance premiums has resulted in people opting for insurance plans with five-figure deductibles, co-insurance or less-comprehensive coverage. This will have an impact on health-access and financial consequences.

Source: Medindia

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Health Insurance in the US I think leaves a lot to be desired. For one thing not everyone is covered. I think 33% people have no health insurance or do not have adequate coverage. The govt. does not wish to take the responsibility as it would mean a huge committment. Health and education should be two fundamental rights of a citizen in any country in today's age. There is no escuse. US planning commission needs to think seriously of re-alloting some of the defence expenditure towards healthcare. Stop attacking countries like Iraq and now probably Iran and take care of your own masses. After there is no excuse to spend so much on defence, now that the cold war is over.
guest Saturday, March 31, 2007

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