Replace and Revise Health Insurance

If the Trump administration is very interested in revoking and replacing health with all the right intentions, then their primary focus will not only be targeted at the American people. The administration should cover and focus their attention on the types of organizations as well: major pharmaceutical companies, healthcare providers and insurers. This small list does not include lawyers who are legal experts at hand who demand the company all the time and other reasons why health costs are out of control. These manufacturers, providers, insurances, and law firms are some of the main reasons why health insurance is so expensive. 

Do you know there are no caps on the number of insurance companies can charge their customers for the number of their monthly premiums? There is a lot of talk about tax credits, rising insurance costs, social-economic barriers, and Medicaid possibilities that gradually come out altogether in the year 2020. This topic raises concerns. Where and how will people buy all kinds of insurance? In particular, how will they get the minimum wage and not part of the group coverage through their employers afford the health insurance plan? The complexity above and the legal jargon used today is just another way to cause confusion. This is not a loud Fix and just another way to keep the American people Bamboozled and confused. One thing that has been done right to a certain degree is when the insurance is used to calculate and follow the underwriting process. 

Underwriting is a process when an insurance company will obtain information from the Medical Information Bureau to review your health history to determine risk tolerance. Today, this process has been eliminated; therefore, insurance companies do not know whom they convince that causes premium is ridiculous. One way to lower the premium again is to only allow the underwriting process to start again. No premiums should be higher than their monthly mortgage, even if the whole family is insured. Insurance should have freedom once again to support the community that is in good health and adjust the monthly premiums based on consumer risk factors.

 The mandate that is under the reasonable care LAW guidelines must remain intact and no one should be denied coverage. Everyone should still be able to get coverage regardless of the existing conditions and if people are financially challenged then there should be financial assistance available to help people who pay for health insurance. More than enough money is spent on everything else, such as the cost of defense and infrastructure, and not enough on humanity. Some countries have what is known as a stock cost reduction plan (CSR) which limits the amount of money that people pay on their deductible and limit the maximum pocket cost of consumers will pay medical fees. 

Ohio, California, and Georgia to name some of these plans. In addition, the state of New York is a perfect example of caring for people who are economically challenged. 

They have insurance available to people based on their income level and household size where consumers pay monthly premiums as low as $20.00 per month. It has an attitude like God and caring for the less fortunate. Other countries need to follow and use the same approach and guidelines for making health insurance more affordable for their residents.

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