Just how bad is it – economically?
QUESTION: How bad is the health insurance problem in America?
ANSWER: 4% of Americans are uninsured with many more under-insured, 75% of all bankruptcies are from the result of medical bills and 60% of insured individuals are in debt from health related expenses.
The cost of healthcare is no longer affordable to many middle class families, even with health insurance, so some would say it is pretty bad.
But, are these figures correct?
Assessment
Brought to you by: lowcosthealthinsurance.com
Conclusion
And so, your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.
Link: http://feeds.feedburner.com/HealthcareFinancialsthePostForcxos
Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com
Our Other Print Books and Related Information Sources:
Health Dictionary Series: http://www.springerpub.com/Search/marcinko
Practice Management: http://www.springerpub.com/product/9780826105752
Physician Financial Planning: http://www.jbpub.com/catalog/0763745790
Medical Risk Management: http://www.jbpub.com/catalog/9780763733421
Healthcare Organizations: www.HealthcareFinancials.com
Physician Advisors: www.CertifiedMedicalPlanner.com
Subscribe Now: Did you like this Medical Executive-Post, or find it helpful, interesting and informative? Want to get the latest ME-Ps delivered to your email box each morning? Just subscribe using the link below. You can unsubscribe at any time. Security is assured.
Link: http://feeds.feedburner.com/HealthcareFinancialsthePostForcxos
Sponsors Welcomed: And, credible sponsors and like-minded advertisers are always welcomed.
Link: https://healthcarefinancials.wordpress.com/2007/11/11/advertise
Filed under: Health Insurance | Tagged: Health Insurance, healthcare in america |

















Are physician services to blame for high health costs?
A new study from one of President Obama’s appointees attempts to break down one of the slices of the healthcare pie – physician services.
Per capita spending on physician services was $1,599 (in 2008) in the United States; in other OECD countries that number was a mere $310 http://www.oecd.org
Attempting to explore the reasons for this dramatic difference, the authors explored public sector payments to primary care providers and orthopedic surgeons in the US and comparable countries – Australia, Canada, Germany, France, and the United Kingdom.
http://www.kevinmd.com/blog/2011/10/physician-services-blame-high-health-costs.html
Dr. Hermann Michaelsohn
LikeLike
$10K + For Health Insurance?
The average health insurance premium per employee for large employers will exceed $10,000 in 2012 for the first time ever, according to projections from AON Hewitt, the big benefit insurance broker and consultant.
Of the $10, 475 projected premium, the required employee contribution will be $2,306 or 22%. AON cited an aging work force, poor employee health and costly medical conditions as reasons for the projected increases.
Gregory
LikeLike
Health Insurers Bare Rate Filing Secrets
Did you know that just two days after United Health, New York’s largest health insurer, agreed to publicly share its previously secret details of rate hike requests, seven other carriers followed suit?
Thus ended a long fight by the companies to keep the filings secret, fearing that information such as pricing and marketing strategies could be used by competitors. But, some economists have said more disclosure in the rate-setting process could help reduce health care costs.
New York’s stature as one of the toughest insurance watchdogs could prompt other states to challenge the companies for more disclosures. A dozen other states already require rate filing disclosures.
The seven companies which followed United Health’s lead are Aetna, Capitol District Physicians’ Health Plan, Connecticut General, Emblem Health, Empire Health Choice, Excellus and HealthNow. Together, the eight insurers have 90% of the market of small group and individual insurance plans in the state.
Dr. Hermann Michaelsohn
LikeLike
Drs. Dean and Frist Talk Healthcare Reform and Bio-Pharma
An April 2011 article from Medical Marketing and Media written by Matthew Arnold featured former clinicians and now political voices Dean and Frist talking healthcare reform and biopharma. Here is a brief exerpt:
“There isn’t much in the Affordable Care Act to cut healthcare costs, agreed former senator Bill Frist (R-TN) and ex-governor Howard Dean (D-VT), both of whom came to politics with MDs instead of JDs. But the law has led to a serious national discussion on reducing expensive care and, combined with measures supporting the biopharma industry, could set the stage for reining in US healthcare spend, the odd couple said in Phoenix at the annual meeting of the Pharmaceutical Marketing Research Group (PMRG).”
http://www.mmm-online.com/dc-mds-dean-and-frist-talk-healthcare-reform-and-biopharma/article/199485/?DCMP=EMC-MMM_Newsbrief
Are these words still true today, or not?
Dr. David Edward Marcinko MBA
[Editor-in-Chief]
LikeLike
Forced Transparency for Health Insurers
On October 13th, 2011, HHS launched a federally controlled website where consumers can discover whether an insurer has raised rates and for what reason.
Several ACA provisions and the climbing cost of insurance premiums were the impetus for the website’s design, which continues to increase transparency in healthcare
http://companyprofiles.healthcare.gov/
Source: Ann Miller RN MHA via Health Capital Consultants
LikeLike
IRS warned healthcare law could leave millions without insurance
President Obama’s healthcare law will leave millions of families without affordable coverage unless tax officials rewrite the rules on who gets subsidies, advocates warned recently.
http://thehill.com/blogs/healthwatch/health-reform-implementation/194367-irs-gets-earful-on-health-law-subsidies
George
LikeLike