No Medical Life Insurance
A lot of people dream of having their own personal physician to take care of them at all hours, to be right there with the advice and expertise they need, and even a prescription or two for when those pesky aches and pains come up. Unfortunately, that isn't always possible. We don't all have rich parents or someone willing to pay for our healthcare. When we are young we must depend on our parents until an adulthood where it's not as difficult - but what about before that?
People have a hard time thinking about how things will work out in the future - they would rather spend time focusing on what is happening now, than deal with the unknowns down the road. It's hard to imagine how one day of the week, or year, will be better than another. We tend to focus on what we can do now, and not worry about anything else. Nobody likes it when they are told they can't have that which they want, nor do we like it when someone tells us we will have to work for it. Perhaps this is why a lot of people will not buy insurance - because they don't want the "burden" of having a pre-existing condition and being forced into a job where they don't like.
There have been a lot of changes in this society since the 1970's, when medical insurance began to be considered just another product. Parents were no longer able to take care of their children and pay for the "necessities", they had to purchase insurance and pay for their healthcare. Before, if there was an accident or illness it was often assumed by those around us that we were poor and could not afford anything beyond our basic necessities. Today if you've got parents with a good income, or even if your parents did not have insurance coverage, you can still get the same treatment, with some restrictions of course, as those who can afford to do so.
Since insurance companies have a role in providing healthcare for the people who work for them, they can also be punished if they do not offer the best possible coverage. The reason is simple - the more you offer to cover, the more money you'll receive in dividends and payouts, which is what these companies are constantly looking for. Except when there are fewer policies made available or higher rates than usual - then they will suffer financially. This means that employers will need to either view themselves as having more employees with pre-existing conditions (as was mentioned above), or cut on their healthcare coverage at some point in order to keep from going bankrupt, which happens quite often these days.
Doctors who are working on a contract basis for these companies can benefit from such a set-up as well, especially since they are limited in the number of patients they will see in a day and have more time to focus on them all. Also, with fewer people to care for there is less chance of over-diagnosing or miscalculating and giving your diagnosis too much credibility. The only issue is that if you are relying on this type of insurance, your job is very important to you. It pays for most, if not all, of your living expenses as well as getting you through medical school and on your way as a new doctor with everything paid off.
While it is true that employers can benefit from switching to a cash pay/cash value policy, how will this be affected in the long run? The answer is that our society will continue to evolve with each passing generation. There are no promises in life, and there is a very good chance that what you have today might vanish or change beyond recognition. People should always prepare for the worst and hope for the best.
Forgetting Healthcare Insurance
2006-04-24T10:06:00Z
Healthcare insurance is an essential part of living these days, but many people simply do not know what to look for when looking for medical insurance. People have a hard time figuring out what their needs are, and what they will need to get the coverage they need. It is important to remember that everyone's insurance needs are different, so it makes sense that what might work for one person may not be enough for another.
When you are looking for medical insurance you should also look at your employment situation. The more people depend on your income, the more likely it is that you will need to shop around (or have someone shop for you) until you find the medical insurance policy that best fits your needs.
One of the most important things you need to know when shopping around for insurance is your deductible. It will be quite a shock if you find out that your insurance plan requires you to put on a week's worth of groceries before going to the doctor. This is called a deductible, and it is one way that insurance companies make money.
People who don't have health insurance can find themselves in some pretty dire situations when being hit with medical debt. If they do not have any coverage, and are injured or sick, they may not have any options for paying bills or getting treatment. Many people simply assume that this must happen if there is no medical insurance available, which would definitely not be true in most cases. It is important to know the facts before you make any decisions, otherwise you may find yourself in a hole that is hard to get out of.
Having to pay for a deductible can be extremely hard if you don't have much money, especially if you are not working at all. It's important to ask your doctor how much they charge for an office visit, and then decide if it's worth it or not. You might be surprised at how little some doctors charge for their services - especially compared to the cost of healthcare insurance plans these days.
Your deductible will also determine how often you visit the doctor, as well as what medical insurance policy will be best for you. By having a high deductible, you may choose to pay for the medical treatments at that time, and save up your money so that you don't have to pay for your bills later. However, the more expensive the treatment is going to be, the more likely it is that you will have to pay for all of it.
Another important point that people make when they are looking at healthcare insurance plans is what happens if you become sick or injured on the job. People who have medical insurance policies generally get paid for anything they can show proof of being injured on company property, as well as their own property.
Conclusion
Healthcare costs are continuing to go up as the technology available for advanced treatment becomes more available. Without insurance, you may find yourself in a world of hurt if you don't have the money to pay for treatments or medication. If you find that your medical insurance has gone beyond affordable, it may be time to shop around until you find a better policy that is within your budget at this time.
What You Should Know About Healthcare Insurance
2005-12-08T11:03:00Z
Healthcare insurance is one of the most important things you can have these days if you want to feel safe while enjoying your life as much as possible.