The Dallas Morning News reported that premiums for health insurance covering families increased 4 ½ times more than wages over the past 10 years. This information correlates with the NCHC’s statement that “employer-sponsored health insurance premiums have increased 131%” over the past decade. With rising prices, home foreclosures, and an ever-increasing unemployment rate; how do we expect the government to offer free health insurance?

Nothing in life is free.

As stated in an earlier article, when something is offered without cost, people will consume it, even if it is not needed. As stated in The Libertarian Solution, “tax subsidies for health insurance and public coverage for certain groups…reduce the cost of health care, encouraging people to use more of it.” So even though the intention is to lower health care costs for those who cannot afford it, offering access to unlimited health care coverage without the responsibility of discretion, only opens the door to over-consumption. Without accountability and responsibility, health care costs will rise and resources will be unnecessarily exhausted.

Some contributions to increased costs of Texas health insurance are due to unnecessary tests, inflated costs, and third-party negotiations. Health care reform is definitely needed in the economic crisis facing Americans today. Poverty is definitely a huge contributor to the rising costs of health care; therefore, addressing these inflated premium costs and offering more affordable alternatives is absolutely necessary. However, I do not believe that offering a solution devoid of accountability or responsibility is the answer for the American health care crisis before us.

Share your thoughts.

It is easy to identify the deficiencies of a plan, especially one concerning such a controversial and personalized topic. What we need is a solution. Is there a solution for this crisis that can be found within the current system or is an entire overhaul needed? Share your thoughts. We are listening to those in Washington, but who is listening to us?

Custom Health Plans, Inc. is here to listen to you. We have licensed health insurance experts who want to hear your concerns about your Texas health insurance needs. Let one of our personal representatives help you take control of health care plan by explaining to you the many options available to you in this ever-changing climate of health insurance benefits. Let us help you get the best coverage at the most affordable rate by calling Custom Health Plans at 877-749-2241 or locally for those in the Dallas/Ft Worth area at 469-361-4032 or visiting us online at www.customhealthplans.com.

References:

Arredondo, A. (2009, November 10). The Liberatian Solution. The healthcare system is ill and the facts will make you sick. http://www.libertariansolution.com/liberty-library/022/the-healthcare-system-is-ill-and-the-facts-will-make-you-sick

Associated Press. (2009, September 16). The Dallas Morning News. Family health insurance costs outpace Texas wages, nonprofit finds. http://www.dallasnews.com/sharedcontent/dws/news/texassouthwest/stories/DN-texashealth_16tex.ART.State.Edition1.4c26613.html

National Coalition on Health Care. (n.d.). Health insurance costs: Facts on the costs of health insurance and health care. Found on November 11, 2009 at http://www.nchc.org/facts/cost.shtml

This entry was posted on Friday, November 13th, 2009 at 8:22 am and is filed under Health Insurance News, Texas health insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.