Health Insurance: The-More-The-Better, Or No-More-HMO?

Written by Irina


Continued from page 1

Everyone knows thatrepparttar INSURANCE works best whenrepparttar 115544 fewest number of participants actually use it (i.e. make claims). Thenrepparttar 115545 system generates profit, which lowers repparttar 115546 premium that, in turn, brings more paying participants. The participants are happy NOT TO USErepparttar 115547 insurance, especially if it does not cost them too much. Onrepparttar 115548 contrary,repparttar 115549 HEALTH CARE system works best when repparttar 115550 most people use it (i.e. get teeth cleaning, checkups and vaccinations).

Fortunately, back inrepparttar 115551 1980s,repparttar 115552 idea of so-called patient advocacy via health care savings programs was introduced torepparttar 115553 U.S. These programs negotiate prices with health care providers on behalf of their members. Since they represent large groups,repparttar 115554 resulting discounts are usuallyrepparttar 115555 same thatrepparttar 115556 hospitals and physicians give to big insurance companies.

This innovative approach benefits medical providers because they get paid "onrepparttar 115557 spot" without enormous paperwork and disputes with insurance companies. It also benefits you and me by providing an access torepparttar 115558 discounted "insurance rates" without high premiums.

Many of such programs also allow their members to contribute money to medical savings accounts that are tax deductible or not taxable. Monthly membership fee is affordable and no one can be turned down because of a pre- existing condition.

It does not look likerepparttar 115559 current health care crisis is going to have a Hollywood-style "happy ending". It's up to us to analyzerepparttar 115560 situation and findrepparttar 115561 solution... otherwise,repparttar 115562 next blockbuster about healthcare may well be a horror movie.

(C) by Irina 2003.

========================================================== Aboutrepparttar 115563 Author: Irina helps people save money on healthcare and create steady stream of residual income working from home http://www.megaone.com/hbb/savemoney/ ==========================================================

Irina helps people save money on healthcare and create steady stream of residual income working from home http://www.megaone.com/hbb/savemoney/


Is Your Insurance HEALTHY?

Written by Irina


Continued from page 1

The second level comprises health maintenance and routine medical procedures. For these, insurance is notrepparttar answer. Instead, there are two alternatives. One is for people to pay these costs out of pocket,repparttar 115543 way we now pay for many other routine needs. There are number of benefits to this approach, including no managed care and less paperwork. For many people, coming up with repparttar 115544 cash to pay routine medical bills, especially if they know that any major illness or injury would trigger a backup insurance plan, would not be difficult.

For others, however, it would. Fortunately, back inrepparttar 115545 1980s, repparttar 115546 idea of so-called patient advocacy via health care savings programs was born. The availability and popularity of these programs is picking up year after year, as more and more people, unable to get or afford health insurance, are discovering them forrepparttar 115547 first time. These programs negotiate prices with health care providers on behalf of their members. Since they represent large groups,repparttar 115548 resulting discounts are usuallyrepparttar 115549 same that repparttar 115550 hospitals and physicians give to big insurance companies. But this is whererepparttar 115551 similarity with old health insurance model ends.

With health care savings program, it's a patient, not an insurance company, who paysrepparttar 115552 bill. This seemingly minor adjustment makes a world of difference. It benefits medical providers because they get paid "onrepparttar 115553 spot" without enormous paperwork and disputes with insurance companies. It also benefits individual consumers who get access torepparttar 115554 discounted "insurance rates" without having to pay high premiums. Yet most importantly, repparttar 115555 entire system appears to be financially sound and socially viable.

Unlike traditional insurance model,repparttar 115556 patient advocacy actually encourages people to seek medical help as soon asrepparttar 115557 need arises thus preventing "little aches" form developing into life- threatening illnesses and financial disasters. Monthly membership fee is affordable and no one can be turned down because of a pre- existing condition. Many of such programs also allow their members to contribute money to medical savings accounts. Federal law makes this an attractive option, because medical savings accounts are tax deductible or not taxable, as long asrepparttar 115558 funds are used to pay for health care.

Five years from now, average health insurance premium may well exceed a car payment and a mortgage payment combined together. There is, however, a way to keep our families healthy without jeopardizing financial security. This writing was intended to assistrepparttar 115559 reader in finding that right solution by providing a better understanding ofrepparttar 115560 ever-changing situation and available options.

Copyright (C) by Irina 2003.

================================================================= Aboutrepparttar 115561 Author: Irina runs home-based business helping people save on health care and create steady stream of residual income working from home http://www.megaone.com/hbb/savemoney/ mailto:imakemoney@freeautobot.com =================================================================

Irina runs home-based business helping people save on health care and create steady stream of residual income working from home http://www.megaone.com/hbb/savemoney/ mailto:imakemoney@freeautobot.com


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