This website uses cookies to ensure you have the best experience. Learn more

Health Insurance Essay

1616 words - 7 pages

In the world today there are many different problems going on that should be addressed. Civic Engagement is something that everyone needs to take part in because other people can definitely use help. In my Freshman Gateway Class we have started a project dealing with the different problems going on. We have split into separate groups and have all chose topics regarding different civic engagement opportunities. The topic that my group chose is Health Care. We have broken that down into different sections to research, so I picked health insurance. I chose health insurance because it is something that is wildly discussed all over the world, it is a very broad topic, so many people have different opinions, and there is so much to talk about. It’s hard to believe that in America not all jobs provide health insurance, no matter how high the person’s salary may be, they should always be awarded health insurance.
Health care in America is something that has many ins and outs, many different topics, and health insurance is a major part of that. So many people have different opinions and that brings along problems. Some people believe different things and don’t always have the same opinions about who should be awarded health insurance. One problem with health insurance is that it is viewed by many as too expensive and providing too little coverage. A fundamental problem with health insurance is that participants regard premiums as a fixed cost; hence they perceive a marginal price for health insurance. A low marginal price does not change the fact that health care must be paid for. Thus, health insurance premiums are not at a fixed cost for society. Therefore, health care demand exceeds what it should be given its cost. Perceptions that health insurance premiums are too high lead to pressure to reduce them. Because you have to pay for health care, limiting supply or limiting price on providers can reduce the cost of premiums. Many of the major companies usually make certain limitations that cause many people not to be awarded health insurance. A lot of the limitations have to do with a specific age group which allows different kinds of coverage that can be awarded. When they do the limitations they will sometimes provide some care and other times delaying care. A majority of health insurance participants consume relatively small health care. They do not pay; therefore, they want lower premiums and are willing to do some benefits to get that coverage. A small group of Americans will want the full coverage and are willing to pay the full amount. Premiums are irrelevant to them. They want benefits that cover their costs no matter how great the expense or unusual the treatment. However, insurance is by nature a transfer-payment system. This has become such a problem in America because so many people think they deserve to have health insurance when in fact they don’t work nor are they willing to pay the full price to get the coverage. Even the people who...

Find Another Essay On Health Insurance

History of Health Insurance Essay

2211 words - 9 pages and other approaches to treatment. Health insurance has increased and been an important issue for all employers, the government and employees ever since. Importance of Health Insurance Having health insurance is valuable for a number of reasons. Having health insurance is important for multiple reasons. One reason is that people without insurance are given less medical care and less timely care. People without health insurance are also less

Health Insurance Coverage Essay

4722 words - 19 pages TABLE OF CONTENTSABSTRACT1TABLE OF CONTENTS2LIST OF TABLES4LIST OF FIGURES5INTRODUCTION61. Types of Health Insurance Plans61.1 Indemnity (Fee for service)61.2 Managed Care71.2.1 Health Maintenance Organizations (HMO) Group Model HMO. Staff Model HMO. Network Model HMO. Individual Practice Association (IPA) HMO.91.2.2 Preferred Provider Organizations (PPO)91.2.3 Point of Service (POS)101.3 Consumer Choice

Americans without Health Insurance

2351 words - 9 pages Policy Studies at Georgetown University, “Since most people leaving welfare find themselves in low-paying jobs without coverage, loss of public coverage leaves them without health coverage altogether” (Feder 29). Moreover, many corporations, pressured by global competition to hold down labor costs, are increasingly asking their employees to share a greater portion of the escalating cost of health insurance premiums, if employers offer

U. S. Health Insurance

1104 words - 5 pages percent of its GDP on health care-more than any other developed country” (Holmes). The proportion of income being consumed by the medical industry has increased for decades and will continue to do so without healthcare reform. In fact spending “has grown 2 to 2.5 percentage points faster than the economy in real terms per capita” (Wilensky). This growth can be attributed largely to the current employer-sponsored insurance. Because the insurance

LRC Health Insurance: Tricare

1187 words - 5 pages LRC Health Insurance: Tricare Ali Leach Coding Classifications & Reimbursement Systems, MDA1305 Vicki Snyder May 1, 2014 TRICARE formerly known as CHAMPUS (Civilian Health and Medical Program of the Uniformed Services) is a federal healthcare program implemented in 1967 for active duty military members and their dependent family members. TRICARE is also for retirees of the military and their dependent family members and for

Is Health insurance for everyone

869 words - 4 pages Recently President Obama has enacted new Health Care Reforms requiring everyone to have some form of insurance. Many citizens have a problem with being forced to buy insurance that is to expensive; or finding insurance policies that are affordable monthly, but the copays are too expensive to ever be able to use their policies. There is also the issue of some people do not believe in western medicine and have other practices of healing. I feel

The Children's Health Insurance Program

610 words - 2 pages created in 1997, the State Children's Health Insurance Program provided health coverage to more than seven million children. The recent bill approved in early February of this year by President Obama to renew the State Children's Health Insurance Program has brought care to millions of children in the United States. The new bill is expected to insure four million additional children to the program. The signed Children's Health Insurance Program

Health Insurance in The US

747 words - 3 pages Mawada Asad Alrehaili Stephen Ohene-Larbi ENG1110 31/03/2014 Health Insurance in USA Health is a priority in everybody's life. If we take care of ourselves then we are going to enjoy many activities in our lives, but if we don't, we will have some issues especially when we get older. However, the good thing nowadays is that people are becoming more aware about their health and we see more and more people doing exercises and eating healthy

The Health Sector and Insurance

1652 words - 7 pages Literature review According to Wager, Lee, & Glaser (2013), HealthCare information management is the exercise of servicing and proper good care of health information by traditional and new digital means in healthcare centers, physician's office hospitals, health divisions, health insurance policy organizations, and other features that provide health good care or servicing of health information. Armoni (2010) adds that with the widespread

State’s Children Health Insurance Program

545 words - 2 pages SCHIP stands for State’s Children Health Insurance Program introduced in January 24, 1997. The bill is part of the Balanced Budget Act of 1997 which was signed by President William Clinton in August 5, 1997 and became a public law1. The bill allows the States to designate the fund given by the federal government to families that qualifies under certain conditions. However, in September 7, 1997 it received a disapproval bill originating from the

America´s Health Insurance Plans

1577 words - 7 pages America’s Health Insurance Plans (AHIP). (2011, September 9). Rising Health Care Costs. Retrieved October 22, 2013, from The America’s Health Insurance Plans is identified as the national trade association and represents the health insurance industry. They advocate for a variety of public policies and seek to promote prevention and wellness, they partner with providers, and

Similar Essays

Health Insurance Essay

1049 words - 4 pages Health Insurance WoesIn the hospital a young girl was running such a high fever that it weakened her poor body and sickened her mother's soul. This little girl could not be helped and even if she were, her mother would end up penniless. The dilemma of having one's only child deathly-ill and not being able to pay for her treatment is a situation that could happen in the United States. Other countries have a national health insurance plan. These

Health Insurance Exchanges Essay

1133 words - 5 pages The Patient Protection and Affordable Care Act stipulates that all states must have a health insurance exchange in place by 2014 or the residents of that state will have the option to enroll through a federal health insurance exchange. A health insurance exchange aims to provide competitive prices and transparency to those who are currently unable to afford health care coverage and for some businesses. It is seen as a step towards universal

Mandatory Health Insurance Essay

1329 words - 5 pages The United States passed bill that health insurance should be mandatory in the year 2014. Under the Patient Protection Affordable Care Act, each person is required to have at least a minimum level of health insurance failure to, the individual will face a penalty. The mandatory health insurance issue has faced reactions from both sides with some people supporting while others opposing. It is mandatory for every individual to purchase a health

Health Insurance Plans Essay

778 words - 4 pages Health Insurance Plans Premium Insurance is important to everyone in the country. Health insurance covers the certain amount of money to the insured person upon a certain event such as hospitalization and surgery. Commonly health insurance premium buying choices cover a simple resolution in purchasing the private health insurance. The premium is the amount that needs to be satisfied by either the households or the authority to become