by Richard Sagall, M.D. Insurance is really a simple concept. But few people, and even fewer politicians, seem to understand how insurance works and why so many of the promises we hear are impossible. Here are the basic concepts of insurance: Number 1 – You Never Win with Insurance – You always lose with insurance. Think about what happens when you have health insurance. Outcome 1 – You get sick, perhaps really sick, and you suffer while ill. You may experience long-term or even permanent disability from your illness. Or, in the worst case, you die. Your health insurance helps […]
Tag: underinsured
National Health Center Week
This week is National Health Center Week. As health care has become more and more expensive, the need for low-cost health care has increased. Many people living in more rural parts of the country have a very limited number of options to see a doctor, and depending on their insurance status the number of available “in-network” doctors is even lower. Many people do not regularly see their doctor, only seeking help when a more serious condition arises. It can be a scary situation to be uninsured and have an unforeseen medical problem come up. This week is meant to celebrate […]
Better Care Reconciliation Act
We have been tracking the new healthcare bill being proposed by the U.S. House of Representatives, the American Health Care Act (AHCA). After passing the House last month, the bill was sent to the United States Senate where it was redrafted into the Better Care Reconciliation Act (BCRA), which they are planning on holding the vote for after the July 4th recess. The Congressional Budget Office (CBO) has released their analysis report on the BCRA’s impact on the Federal deficit and American’s premiums and insurance status. Previous CBO scores for Affordable Care Act (ACA) repeal/replace bills have shown millions […]
Amended AHCA Passes House Vote, Fails CBO Score
In a previous blog post, we explored the proposed Affordable Care Act (ACA; aka Obamacare) repeal/new healthcare law called the American Health Care Act (AHCA). Congress decided the bill would not be voted on shortly thereafter due to lack of support, but it has since been modified and passed by the U.S. House of Representatives. The passing of the House bill was celebrated by the Trump administration before the Congressional Budget Office (CBO) could analyze how the bill would affect the federal deficit and the healthcare costs for Americans. Last week the CBO released their report on the amended AHCA. […]
Changes to the ACA in the New Administration
In a previous blog post, we explored the proposed replacement for the Affordable Care Act (ACA; aka Obamacare) known as the American Health Care Act (AHCA). Since then, the bill has been indefinitely tabled after it could not secure the required number of votes to pass the U.S. House of Representatives. Prior to the new full law being proposed and pulled, the Centers for Medicare and Medicaid Services (CMS) announced changes to the Affordable Care Act exchanges. The new changes include some long-considered ideas to improve the law, including strengthening rules for those signing up for insurance outside the open-enrollment […]