Top Health Insurance Company usa -:
hello guys I also has a doing well in today’s tell you about top of health insurance companies in the USA
9. Kaiser Permanente- :
Kaiser permanent is a nonprofit health organisation is located in Oakland California was found in 1945 believes in providing better health insurance plans to its clients also gauges and research to maintain international status
8. Assurant Health -:
Assurant Health company is among the mean organisation in the United States it was founded in 1892 and operates more than 10 buildings in New York California and major cities the company aims to achieve the satisfaction of our customers by offering affordable plans also insurance policies are according to the needs of clients such as medical plans fix assistance plan of a two families a professional persons and supplementary insurance plan
7. United Health One –
United Health One insurance company in the United States it is operated for more than six years and has a reputation for providing quality service to clients that according to their real health needs this company is currently serving more than 65000 customers throughout the America you different health plans include health savings account that will help plan vision health and other first class services .
6. Coventry Health Care – :
Coventry Health Care Insurance company Coventry group established about 20 years ago and is located in Bethesda Maryland This company insurance provides clients with the best helth insurance policies give the right to choose from it has a more than 15000 workers just to make sure that customers did not leave without access services
5. Humana Insurance -:
Humana Insurnace is a nonprofit health insurance company founded in 1961 it is located in laws can take in United States has a more than 42000 workers were dedicated to providing health insurance services ats’ international and national health and reliable business make a great choice for health care
4. Cigna –
Cigna global health service provider at headquarters in Bloomfield, Connecticut health the company Aims to help developers security with different insurance policies it offered product life medicaid and Medicare health and accidental insurance plans currently the company has employed more than thirty two thousand workers with international standards of health care centre
3. Select Health –
SelectHealth is a not-for-profit health plan serving more than 930,000 members. Through a shared mission with Intermountain Healthcare of Helping People Live the Healthiest Lives Possible, we are committed to ensuring access to high-value care, providing superior service, and supporting the health of our members and the communities we serve.
2. Anthem Blue Cross BlueShield -:
At Anthem Blue Cross and Blue Shield we understand our health connects us to each other. What we all do impacts those around us. So Anthem is dedicated to delivering better care to our members, providing greater value to our customers and helping improve the health of our communities.
Independent licensees of the Blue Cross and Blue Shield Association. ANTHEM is a registered trademark of Anthem Insurance Companies, Inc.
1. Aetna – :
Aetna Founded in 1853 in Hartford, CT, Aetna is committed to providing individuals, employers, health care professionals, producers and others with innovative benefits, products and services. Aetna is now a subsidiary company of CVS Health Corporation. Discover more about our organization.
Why Health Insurance and Healthcare is expensive in the USA?
Why health insurance is so expensive? Individual medical policies are like individual life insurance policies—they generally become more expensive with age, and with health care costs skyrocketing, so are the health insurance premiums. But that’s not the only reason that drives the health insurance premiums up.
Medical Costs are the main factor that drives the premium of health insurance up. For example Federal government spent 23% this year on healthcare cost and only 14% on education.
So it’s no surprise that along with increased health care cost comes increased health insurance premiums. But why? Why health insurance and healthcare costs are so expensive? Let’s start with the basics. Insurance is a bit like a gamble between you and the insurance company.
The company bets that they’ll take in more money in premiums than they have to pay out in benefits. You’re paying a premium every month just in case something happens.
If there are many sick people that buy insurance and use the benefits, what happens is the insurance companies have to pay more than they get in premiums.
As a result, the insurance companies have to increase the premium so they can keep up with paying the claims. Now, let’s look at the fact why the healthcare costs are expensive.
There are so many reasons why health insurance is expensive, but let’s start with the fact that the cost of medical school training and education is ridiculous, putting up a huge barrier to entry, essentially making it required that doctors are paid extremely well in order to justify the high price of the education.
Other factors that make health insurance so expensive include the demand for the latest technology and the high cost of malpractice insurance that medical providers must purchase.
Another reason for the expensive health insurance is that healthcare providers game the system to earn even more money than they already do.
For instance, drug companies are giving co-pay coupon cards to patients to lower their out-of-pocket expenses so that they choose the drug companies’ brand drugs over generic prescriptions. In most cases, the patient generally chooses the drug with the lower co-payment even though it costs the insurance company a lot more when the patient uses name-brand drugs over generic versions, which will eventually increase the cost of insurance premiums that these patients, or their employers, will have to pay.
–Health insurance providers have to share the cost of preexisting conditions. Due to the Affordable Care Act ruling, no one can be turned away from getting health insurance due to a preexisting condition. As I mentioned in the beginning of the video, this means the cost is distributed to everyone.
It also means that everyone need to buy health insurance. On the other hand, I personally believe that in the long run, if everyone buys health insurance, this should normalize the cost and stop it from going up every year. Also, let’s face it – whether people have health insurance or not, if they get sick where do they go? …..
Most likely to the emergency room. Emergency care is very expensive. In most cases this is not even necessary. And here goes the cost of health care— up, up and up. There are other factors that contribute to the expensive health insurance costs.
If you would like to add other reasons to the list, please feel free to comment under the video! As always, thanks for watching and please consider subscribing to our channel!