It Is Easy To Lose Health Care Coverage
It Is Easy To Lose Health Care Coverage
A lot of Americans feel that the health care crisis in the United States affects and will affect others. They have always had healthcare insurance coverage and believe that they always will have access to health care. However, there are gaping holes in our current system and it is far too easy to fall into one of them.
Insurance brokers hear this story repeatedly. A potential client, let's call her Susan, will call looking for health care insurance. Susan has worked since she graduated from college and has never been without insurance.
She lost her job-based medical coverage about a year ago when she became too sick to work. She took the COBRA option. Now she is nearing the end of her eighteen-month eligibility for COBRA and wants to get an individual healthcare COVERAGE policy.
Her disease keeps her from working, but has not outward symptoms. She is able to do most of the things she wants to do. Her doctor has told her that she is doing fine. From a longevity point of view she is. With good health care, she will live a long life. However, from an insurability standpoint, she is not. The good care the doctor expects her to get would be expensive and will cost them more than the premiums they can charge Susan. Susan is shocked when she hears this.
Susan might break down in tears. She might be uncontrollably upset. Susan has worked all her life and has played by the rules. Susan believes that she should qualify for affordable healthcare care.
Susan learns from the agent that there is a state-sponsored program that she will qualify for. However, it is two or three times the cost of the COBRA plan that she can barely afford. Therefore, although there is medical insurance that she qualifies for medically, she cannot possibly afford to pay for it. Susan is out of work and has cut back on everything in order to survive.
What does Susan do? She might pray that she has no major health care event until she qualifies for Medicare. She might purchase the state-sponsored program with help from Mark, her son. Either way she will probably worry about her state of wellness and her financial standing all the time.
Another call health insurance brokers get a lot is the one from Bill. Bill's daughter Lisa has been covered by his health coverage policy since her birth. Lisa is now an adult and is about to be kicked off his policy due to her age.
Lisa has all appearances of health, but she has a disease that attacks her heart. She takes a pricey Rx that allows her to do everything she wants to do. So long as she takes her medicine, she's fine. No one outside of her family and friends know that she has ever had a condition more severe than a bad cold.
Lisa has had medical coverage since her conception, but now cannot get affordable health insurance because she has aged out of her parents' policy and is uninsurable in the private market. She is faced with the prospect of doing without her prescription and putting her health at risk. She might ask her parents to help pay for a high-priced state-sponsored program. Lisa doesn't know that they can only afford to do this at the expense of their golden years. They have just finished paying for Lisa's education and had planned to put any extra money they earn over the next ten years into their retirement fund.
There are hundreds of thousands of Lisas and Susans around the country. These People have played by the rules and have lost their company coverage due to a health problem.
When medical coverage is tied into your job, if you lose your job or you lose your medical coverage. Cancer or a heart attack an accident can keep you from doing your job. When you are no longer able to work, chances are you will no longer be eligible for your job-based healthcare insurance coverage. This can mean that you die before your time because you cannot afford to pay for health care or health coverage when you are no longer going to work.
This existing health care system works for some, but not for all. What A lot of us are blissfully unaware this problem affects even those have done what they could to maintain healthcare insurance through their employment can have their financial lives ruined in our current system. You lose your state of wellness, then you lose your job, then you lose your medical coverage, then you lose your house. In addition, there isn't much you can do about it in the present system.
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