PROPOSED FUNDING CUTS

Proposed Funding Cuts

Proposed Funding Cuts

Introduction

Medical insurance is only one way people can get coverage for medical care. Governments that want to provide access to health care for all their people, provide social health protection, that is, create a system of affordable insurance or government-funded program that allows them access to basic health services without risking impoverishment or severe financial hardship. The principles of insurance are simple: those interested pay premiums to cover risks, and the day they are victims, the insurance company will reimburse in accordance with the contracts provided. U.S. health insurance is private but mutually dependent. They offer various types of contracts to employees through the company where they work, and in particular the benefits that match those of our beloved Social Security. These are the MCO, Managed Care Organizations. This system of private insurance for health, very efficient, satisfactory to the Americans: more than 80% benefit. The competition in the healthcare market enables anyone to find the solution that suits them best and cost.

Overview of Medical Insurance Industry of USA

The health care system practiced in the United States rests on the private insurance companies. They provide the best services at the lowest cost because there is competition in these markets. Pensioners aged over 65, currently 15% of Americans do not depend on logically from this system as an insurance system cannot play if the insured event becomes certain. Indeed, the probability that a person who supports the high medical costs is statistically very strong, to become a near certainty (Waller, 2009).

In this case, it is reasonable that such costs are borne by the person herself, by her family or, failing that, by a system of national solidarity, Medicare, financed by taxes on income that is paid by all other persons involved in the life of the nation.

Health insurance system in the U.S.

Insured paying their health insurance: 2 / 3 of Americans

OLS

Insurance

mutual

PPO

40%

POS

20%

HMO

30%

II, real insurance

10%

Insured does not pay

Medicaid

Less than 10% of Americans

Without insurance

Over 10% of the population

Over 65 years

Medicare

15% of Americans

Overall, health spending accounted for 15% of GDP in the United States. It must be paid anyway. It is essential to implement mechanisms that result in maximizing the satisfaction of future patients that we are all potential, and cost in a coherent economic logic. The liberal solutions are the most efficient and fairer (U.S. Newswire, 2010). Thus, almost all Americans are covered by health insurance. However, according to some estimates, 43 million people would not receive health insurance whose base price is low, however, the order of $ 200 per month. These figures are clearly overvalued. According to the National Health Interview Survey, the number of Americans who would not have health insurance would actually be 38 million. For half of them are young adults (under 35) who know they are eligible when serious health problem ...