Top Health Insurance Guide

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As most developed countries continue to go from a manufacturing-based economy to a service economy, and employee working patterns continue to evolve, health indemnity coverage has become less stable. The service sector offers less access to health indemnity than its manufacturing counterparts. Further, an increasing reliance on part-time and contract workers who are not eligible for coverage means fewer workers have access to employer-sponsored health indemnity.

With health indemnity premiums on the rise, many small employers cannot afford to offer health benefits to their employees. Companies that do offer health indemnity, often require employees to contribute a larger share toward their coverage. As a result, an increasing number of people have opted not to take advantage of job-based health indemnity because they cannot afford it.

How does being uninsured harm individuals and families?

*Lack of health indemnity coverage compromises the health of the uninsured because they receive less preventive care, are diagnosed at more well ahead disease stages, and once diagnosed, tend to receive less therapeutic care and have higher mortality tariff than insured individuals.
*Regardless of age, race, ethnicity, returns or health status, uninsured children were much less likely to have received a well-child medical within the past year. Research shows that nearly 50 percent of children without health indemnity coverage did not receive a medical in 2003, nearly twice the rate (26 percent) for children with health indemnity coverage.
*People without health indemnity coverage end paying “up front” — before services will be rendered. When they are unable to pay the full medical bill in cash at the time of service, they can be turned away except in life-threatening circumstances.
*About 20 percent of the uninsured (vs. 3 percent of those with coverage) say their typical source of care is the emergency room.
*Studies estimate that the number of excess deaths among uninsured adults aged 25-64 is in the range of 18,000 a year. This mortality figure is more than the number of deaths from diabetes (17,500) within the same age group (10).
*According to one another study, over a third of people without health indemnity coverage have problems paying medical bills. The not paid bills were substantial enough that many had been turned over to collection agencies – and nearly a quarter of the uninsured adults said they had changed their way of life significantly to pay medical bills.
What additional costs are made by people without health indemnity coverage?
*Its estimated that America spends nearly $120 billion per year to provide uninsured residents with health services, often for preventable diseases or diseases that physicians could treat more efficiently with earlier diagnosis.
*Hospitals provide about $35 billion worth of uncompensated care a year.
*Another $38 billion is paid by private and public payers for health services for the uninsured and $26 billion is paid out-of-pocket by those who lack health indemnity coverage.
*People without health indemnity coverage are 30 to 50 percent more likely to be hospitalized for an avoidable condition, with the average cost of an avoidable hospital stayed estimated to be about $3,300.
*The increasing reliance of the uninsured on the emergency department has honest economic implications, since the cost of treating patients is higher in the emergency department than in other outpatient clinics and medical practices.

Getting Everyone Health Indemnity Coverage Will Save A lot of Money.
The impacts of living without health indemnity coverage are severe. Many uninsured individuals postpone needed medical care which results in increased mortality and billions of dollars lost in productivity and increased expenses to the health care system.

There also exists a significant sense of vulnerability to the potential loss of health indemnity which is shared by tens of millions of other people who have managed to retain health indemnity coverage.

Every person should have health indemnity coverage, partaking should be mandatory, and everyone should have basic benefits because like we have seen above it’s benefits are awesome.

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