http://mylocalhealthguide.com/for-the-poor-which-is-best-medicaid-or-private-insurance/ Your source for Seattle health news and information Tue, 24 Aug 2010 21:04:46 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://mylocalhealthguide.com/for-the-poor-which-is-best-medicaid-or-private-insurance/comment-page-1/#comment-111 family medical Fri, 03 Jul 2009 18:41:16 +0000 http://localhealthguideonline.com/?p=6035#comment-111 Market-based insurance would not only be more affordable health coverage, it would also provide consumers with more choice. Because savings come from a tax credit, the option to choose insurance companies, policies and doctors is left to the person who purchases the insurance, not a group of politicians. Health insurance needs vary widely from one individual to the next and having the ability to choose the options that work best for an individual's circumstances is fundamental to quality health care. Market-based insurance would not only be more affordable health coverage, it would also provide consumers with more choice. Because savings come from a tax credit, the option to choose insurance companies, policies and doctors is left to the person who purchases the insurance, not a group of politicians. Health insurance needs vary widely from one individual to the next and having the ability to choose the options that work best for an individual's circumstances is fundamental to quality health care.

]]> http://mylocalhealthguide.com/for-the-poor-which-is-best-medicaid-or-private-insurance/comment-page-1/#comment-108 medical plans Thu, 02 Jul 2009 15:40:03 +0000 http://localhealthguideonline.com/?p=6035#comment-108 Private insurance companies must not only cover their costs and earn a profit; they also need to maintain a reserve of cash to pay out claims. If a new public health care program is developed and then pays medical costs at a reduced rate like the current systems do, it means there will be an increase in expense shifted onto private insurance to make up the difference. This increased cost will need to be offset through higher premiums for the people covered under private medical insurance plans. As those who have private insurance become forced to pay increasingly higher premiums, the number of Americans who no longer find private insurance an affordable health coverage option will increase. Those people will then need to turn to the newly formed public healthcare program and will then become part of the increased costs passed on to private insurance by underpaid doctors and hospitals. Private insurance companies must not only cover their costs and earn a profit; they also need to maintain a reserve of cash to pay out claims. If a new public health care program is developed and then pays medical costs at a reduced rate like the current systems do, it means there will be an increase in expense shifted onto private insurance to make up the difference. This increased cost will need to be offset through higher premiums for the people covered under private medical insurance plans. As those who have private insurance become forced to pay increasingly higher premiums, the number of Americans who no longer find private insurance an affordable health coverage option will increase. Those people will then need to turn to the newly formed public healthcare program and will then become part of the increased costs passed on to private insurance by underpaid doctors and hospitals.

]]> http://mylocalhealthguide.com/for-the-poor-which-is-best-medicaid-or-private-insurance/comment-page-1/#comment-106 Affordable medical Thu, 02 Jul 2009 15:39:00 +0000 http://localhealthguideonline.com/?p=6035#comment-106 The problem comes because Medicare and Medicaid pay as much as 15% to 30% less than private insurance companies on every doctor and hospital bill. Because the doctors and hospitals aren't willing or able to accept this much loss, they push those losses onto private insurance companies, who, in turn, shift the loss to the consumer through higher premiums. The problem comes because Medicare and Medicaid pay as much as 15% to 30% less than private insurance companies on every doctor and hospital bill. Because the doctors and hospitals aren't willing or able to accept this much loss, they push those losses onto private insurance companies, who, in turn, shift the loss to the consumer through higher premiums.

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