Deductibles College Essays Samples For Students

Auto and health insurance companies can be viewed as the same since both give a level of protection against unintended accidents or injuries and health problems that could occur to an individual or family. The goals of both ends are similar. They offer protection. Many aspects of the industry operate under similar guidelines, but the way they are governed are not always the same. Both contain terms like benefits, and rights and deductibles in their vocabularies, but they are not always used exactly the same.
Auto insurance is a privilege, since driving is a privilege. It is not a right and a person ...

Proposals to reform existing healthcare policies to reduce costs of healthcare services:

1. Increasing co-payments, co-insurance or deductibles

Summary

Increasing co-payment, co-insurance and co-deductibles means increasing the fixed medical fees paid by the individual in addition to what his insurance covers on a percentage basis. (Health Insurance Resource Center, 2012) Woolhandler, et. al. (2003) suggests that this reform is a crude method of matching health care services with health needs. They posit that sharing the expenses deter the patients from seeking medical care, such as effective medical treatment. Bartlett (2009) argued that designing a new health system must not only deter its costs through co-sharing without damaging the quality of health care available. This implies ...

While many provisions of the Patient Protection and Affordable Care Act have been considered necessary for the safety and health of all uninsured Americans over Obama’s presidency, one that may often be overlooked but is considered to be crucial is located in Subtitle B: Immediate Action to Make Coverage Affordable and More Available. Within Subtitle B, Section 1101 ensures immediate access to insurance for Americans who have a preexisting condition, which has been considered anything from a previous cancerous condition, to having flat feet . When initially enacted, the provision allowed for a temporary insurance program to be put ...

Part I

High deductible health insurance plans require health care consumers to pay for their care until they reach a deductible amount. These deductibles have a powerful effect because they can discriminate which will make patients skip care. It will make Americans unhealthy and sick. High responsibility of copays and deductibles will see many patients not receiving the required care.
There are several types of insurance and consumers need to choose the insurance that suits them. When selecting employer sponsored or private health insurance, people should focus copayments and the annual deductible that a person will be making (Thorpe & Ogden, 2010). The cheapest ...