When the patients, the doctors and employers big and small are complaining about health insurance, you know there is a problem. And anyone that says otherwise is lying or cannot be trusted with major decisions.
Here are some interesting statistics from the articles:
- 49 percent of primary-care physicians in the U.S. said they'd consider leaving medicine. Many said they are overwhelmed with their practices, not because they have too many patients, but because there's too much red tape generated from insurance companies and government agencies.
- GM's healthcare costs in 2008 were expected to be more than $1,900 for each car and truck it builds in the U.S.
- As small businesses begin to receive their annual renewal notices, employers and health-insurance brokers in the South, Midwest and California report noticeably steeper rises. Some premium increases being quoted to employers are double those quoted just a few months ago.
- Only 55 percent of U.S. patients get treatments that scientific studies show to work, such as beta blockers for heart disease, found a 2003 study in The New England Journal of Medicine. One reason is that when insurance is tied to employment, you may have to switch doctors when you change jobs.
The issue is not going away and is also putting an increased burden on employers that makes them less competitive around the world. Therefore, even though you may have good insurance now, it is threatened by the economic downturn.
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