A revolution in healthcare has taken without many people even noticing the changeover into 2009. This significant change took place without the help of government healthcare agencies, media outlets, or or professional politicians. The switch is from traditional comprehensive health plans to leave her health savings accounts.
What's more important is that while presidential candidates were proposing complicated and far-reaching healthcare reform many doctors, insurance agents,HR departments and insurance companies had already discovered and started implementing what could well be the solution to America's healthcare affordability woes. Those individuals and organizations have been quietly taking advantage of a remarkably simple and affordable health insurance combination that came into existence in 2003 - a high deductible health plan (HDHP) combined with a health savings account (HSA).
Simple economics is why this quiet revolution has begun, and it's quickly spreading throughout the business community. If you are currently purchasing health insurance for yourself or others you'll immediately see the value of this combination compared to comprehensive insurance.
When you combine HDHP and HSA small businesses and large corporations have a new affordable option to offer their employees for health protection. While many do not have an employer provided health insurance option, HDHP HSA option gives those who are self-employed and affordable way to secure themselves against catastrophic injury and illness. This option even can be used by the government for a new system which would distribute health care costs, without hassle and bloated bureaucracies for regulating, pricing, and policing each aspect of healthcare.
Here's how it works: An HDHP is a health insurance policy that begins paying for medical costs after a high deductible has been met. The Haida Dr. bull is a starting point, about $1100 and going up from there depending on the price you or your employer are willing to pay for the coverage. This makes the HDHP option more like true insurance as it will typically only be used for catastrophic illnesses or injuries and not for routine health care.
Avoiding a complete takeover of the healthcare industry by the government can be done with the use of HDHPs and HSA. It would eliminate managed-care and comprehensive medical insurance, taking with it the tremendous challenges and has brought to our nationwith its massive insurance bureaucracies, complicated insurance plans, skyrocketing health care costs, and restrictions on both patients and doctors. Doctors, hospitals, and pharmacies would all compete for healthcare dollars that the patients themselves control, freed from artificial price inflation and extra payroll costs caused by comprehensive insurance. The complexity of modern health insurance would be replaced with a nearly unimaginable return to simplicity.
Ending managed-care and comprehensive medical insurance would be simple with the HDHP HSA option. the option would also eliminate the havoc brought to our nation with massive health-care bureaucracies, complicated insurance plans, skyrocketing prices, and the restrictions put on patients and doctors. Patients could then control their healthcare costs. market forces would then cause a rise in competition for price, while at the, and the innovation of doctors, hospitals, and pharmacies as they would be competing for the health care dollar. Patients could free themselves from artificial price increases and extra payroll costs from comprehensive insurance. Government takeover of healthcare could be avoided with the use of HDHPs and HSAs. this simple change would allow for a more simplistic healthcare system.
By implementing this simple HDHP and HSA combination, we can easily eliminate the restrictive brock receives an escalating cost of healthcare and revolutionize the way healthcare is done in America. We have more freedom, lower costs, less bureaucracy, and more people insured. It's a simple solution for businesses, our citizens, and the nation.
More information about HSAs can be found at the U.S. Department of the Treasury website http://www.ustreas.gov/offices/public-affairs/hsa/faq.shtml. - 15437
What's more important is that while presidential candidates were proposing complicated and far-reaching healthcare reform many doctors, insurance agents,HR departments and insurance companies had already discovered and started implementing what could well be the solution to America's healthcare affordability woes. Those individuals and organizations have been quietly taking advantage of a remarkably simple and affordable health insurance combination that came into existence in 2003 - a high deductible health plan (HDHP) combined with a health savings account (HSA).
Simple economics is why this quiet revolution has begun, and it's quickly spreading throughout the business community. If you are currently purchasing health insurance for yourself or others you'll immediately see the value of this combination compared to comprehensive insurance.
When you combine HDHP and HSA small businesses and large corporations have a new affordable option to offer their employees for health protection. While many do not have an employer provided health insurance option, HDHP HSA option gives those who are self-employed and affordable way to secure themselves against catastrophic injury and illness. This option even can be used by the government for a new system which would distribute health care costs, without hassle and bloated bureaucracies for regulating, pricing, and policing each aspect of healthcare.
Here's how it works: An HDHP is a health insurance policy that begins paying for medical costs after a high deductible has been met. The Haida Dr. bull is a starting point, about $1100 and going up from there depending on the price you or your employer are willing to pay for the coverage. This makes the HDHP option more like true insurance as it will typically only be used for catastrophic illnesses or injuries and not for routine health care.
Avoiding a complete takeover of the healthcare industry by the government can be done with the use of HDHPs and HSA. It would eliminate managed-care and comprehensive medical insurance, taking with it the tremendous challenges and has brought to our nationwith its massive insurance bureaucracies, complicated insurance plans, skyrocketing health care costs, and restrictions on both patients and doctors. Doctors, hospitals, and pharmacies would all compete for healthcare dollars that the patients themselves control, freed from artificial price inflation and extra payroll costs caused by comprehensive insurance. The complexity of modern health insurance would be replaced with a nearly unimaginable return to simplicity.
Ending managed-care and comprehensive medical insurance would be simple with the HDHP HSA option. the option would also eliminate the havoc brought to our nation with massive health-care bureaucracies, complicated insurance plans, skyrocketing prices, and the restrictions put on patients and doctors. Patients could then control their healthcare costs. market forces would then cause a rise in competition for price, while at the, and the innovation of doctors, hospitals, and pharmacies as they would be competing for the health care dollar. Patients could free themselves from artificial price increases and extra payroll costs from comprehensive insurance. Government takeover of healthcare could be avoided with the use of HDHPs and HSAs. this simple change would allow for a more simplistic healthcare system.
By implementing this simple HDHP and HSA combination, we can easily eliminate the restrictive brock receives an escalating cost of healthcare and revolutionize the way healthcare is done in America. We have more freedom, lower costs, less bureaucracy, and more people insured. It's a simple solution for businesses, our citizens, and the nation.
More information about HSAs can be found at the U.S. Department of the Treasury website http://www.ustreas.gov/offices/public-affairs/hsa/faq.shtml. - 15437
About the Author:
Dr. Eric Stamper, O.D. is a Hendersonville, Tennessee Contact Lens Specialist and owns Visionary Eyecare Center. Dr. Eric Stamper received his optometry degree in May of 2007 from Southern College of Optometry in Memphis, where he graduated with honors in the top 10 percent of his class.
