Information Week (via iHealthbeat) reports on the World Health Congress in which lots of important political people agreed that IT is the way forward to fix the health care mess. Those saying this included not just the usual suspects from the industry but Bill Frist, Tommy Thompson and even briefly in the State of the Union address, Bush himself.
On the one hand, while it’s good that we’re agreeing on the solution, we’re not seeing even the modest kind of Federal leadership that Molly Coye suggested a while back in terms of dollars. On the other hand I suppose that this is an improvement on Clinton holding up a sheet of paper in his 1994 speech and saying that we were going to solve the administrative crisis by having one standard paper form. But it’s 10 years and counting and we haven’t got that far . . . and I don’t honestly think that Wellpoint handing out a few freebies is going to make up the difference even though it’s a noble effort.
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considering the actual rate will go down becsuae the group will be larger, it’ll be cheaper than what you and your company are currently paying. The reason insurance is cheaper on a group rate or through an employer is becsuae you have so many people purchasing it greater purchasing power = better price. Extrapolate that over 330,000 million people from 10,000 people.On top of that medical expenses from auto accidents wont be a liability anymore, it will be covered by a universal healthplan. You may have to pay their deductible, but that is much cheaper than care. That will save you additional money off your auto insurance premiums.Beyond those two measures, which both decrease the monthly expense on your behalf, emergency care will improve drastically becsuae more people will get regular check-ups rather than waiting until the last minute. And lastly, nobody will have to worry about filing bankruptcy or losing everything due to an illness, disease or unforseen accident that causes medical problems.I work in the insurance industry.