What Are The Benefits Of Health Care Reform For Those Who Have Insurance?
If you currently have insurance through a spouse or an employer and are content with your benefits, you might not think that you could possibly benefit from health care reform. However, if health reform passes the senate everyone will benefit.
Health Care Reform Financial Benefits
Currently there is little competition for insurance companies. Although there are many different large insurance companies, many of these are largely regional. In certain areas of the country, individuals have little choice regarding their insurer. There might be only one or two companies that serve their region. Because of the lack of competition, this leads to high premium costs. If a government plan with a public option is passed, this will give individuals more insurance options. They can, of course, stay with their current plan. However, if they feel that their current plan is too expensive, they can switch to the government run plan. This will give private insurance companies an incentive to keep their rates reasonable. The result is lower rates for everyone, even individuals who stay with their current provider.
Coverage Now, Coverage in the Future
The current insurance system allows insurers to refuse to cover you if you have a preexisting condition. Although you might be healthy now, it is a fact of life that illness will probably afflict you sometime in the future. If you switch jobs after a serious injury or illness, your employer-based insurance package might not be available to you. You will become one of the millions of other individuals who have been denied coverage. When health insurance reform passes, insurers will no longer be allowed to deny care to someone due to a preexisting condition. Reform can help everyone.
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- Can I Refuse To Buy Health Insurance Till I Can Afford It?
- How To Switch Health Insurance Companies?
Tags: health insurance, healthcare and reform, healthcare insurance, healthcare reform, medical insurance