The paper "Importance of Health Care Insurance" describes that paying for health insurance has many benefits contrary to not paying for the cover. It helps one to plan finances well and not be caught without notice. Importantly emergency cases will be handled immediately caused by lack of funds…
Health cover policies require that when a business has a total number going up to 25 full-time employees, they will be mandated to tax credits covering a total of 50% the population of staff insurance premium cost. Health insurance is all-inclusive for children and will cover them until they mature enough without parents incurring extra costs when paying for the cover. By subscribing to insurance wasteful spending is minimized, fraud is regulated and the expansion program for the preventive services is well ensured. The general essence of health insurance covers cut on medical spending while giving individuals an array of choices when seeking for health care services.
For the cover to reach millions of people, extra taxes will be paid by mostly the high earners, which may affect an individual or a business. Health covers that come with many options will demand a complicated shopping affair hence confusing.
To ensure full cooperation, the insurance policy demands that one pays monthly or else pay a fine for breaching the policy. It leaves nearly half of major nations without cover due to the inability to subscribe to it. Development of other features i.e. the CHIP takes away taxpayers money. Based on a full-time employment and employer mandate to pay insurance cover, many people have been put on shorter work hours in a bid to evade the payment of the cover. Lower paid workers get better benefits when compared to highly paid workers. It is generally accepted that youths are healthy and need no health cover, hence money paid for a youth is considered a waste. The focus of health insurance cover is to ensure that people are covered while it should consider that the cost of Medicare is addressed.
Individual and family: It is sometimes termed as a comprehensive cover. The period is more than 12 months while renewable. ...
Cite this document
(“Importance of Health Care Insurance Case Study Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.net/nursing/750541-individually-authored-case-study3
(Importance of Health Care Insurance Case Study Example | Topics and Well Written Essays - 1000 Words)
“Importance of Health Care Insurance Case Study Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.net/nursing/750541-individually-authored-case-study3.
Aetna Health Care Insurance. Aetna, Inc. Is an US based health care company that provides a number of consumer oriented health care and traditional insurance products and its related services. The services include pharmaceutical, medical, behavioural, dental, group life, and also disability plans.
The types of insurances that provide such protection against disabilities and accidents are many. Also the high costs of health care has become a hot topic nationwide where every TV channel loves to provide their broadcast on the crisis upon the healthcare system in USA.
Managed Care Introduction Managed care is an arrangement meant to meet the healthcare needs of a certain group or groups of people. These include workers, rural residents, and family in the mining, lumber and railroad businesses. In these groups, those that enroll pay a set fee to physicians who in turn provide medical services under certain terms.
Almost half of all immigrants, in fact, do not possess insurance, which is approximately thrice as high as those for native-born citizens. Since such a large number of immigrants do not have health care, they come up against serious barriers in pursuit of medical care and have to pay more from personal savings to receive care.
Whether poor or rich, children, women, and men have a right to fair treatment. Secondly, America must create national health care system to provide quality health services to be very effective to everyone. It is very ironical that this happens in one of the most advanced countries (Simmons 76).
This has led the American health industry into a deep crisis. If the health industry has to avert a fall then some kind of reforms must be taken up at the earliest. Actually the fast and continuous increase in the insurance premium has made it very difficult for many to take up coverage and many are stressed with the financial burden.
According to the report health insurance companies primarily offer wide range of health care plans and the customers are supposed to choose from the plans that best suit them. The risk initiation and the amount of premium depend upon such chosen plans. The apt governing structure should have an efficient CEO&MD at the top.
Economists and healthcare experts worldwide are of the view that Canada’s healthcare system can be looked upon as a possible role model by all other countries. The prime appeal of the Canadian system lies in the fact that
in understanding how health care is financed and how health insurance influences patients and providers as important foundational information for your role as a future health care worker. Fill in the following matrix. Each box must contain responses between 50 and 100 words
5 Pages(1250 words)Coursework
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Case Study on topic Importance of Health Care Insurance for FREE!