| Please feel free to use this article as
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| | year. In major companies where the
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| long as credit is given to the resource
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| | program has been instituted savings have
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| box.
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| | been substantial. The drawback is that it
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| Keywords: Disease Prevention, Health
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| | tends to draw in young healthy people,
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| Insurance, Health Savings Accounts,
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| | and does little to help the aging, sick
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| Universal Coverage, Health Care, New
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| | or uncovered portion of the population.
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| Middle Aged Group
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| | The Democrats by and large favor some
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| © Copyright Arthur Levine 2007
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| | form of Universal Health Care funded by
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| Words: 843
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| | the federal government. The good part is
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| There is now a substantial portion of the
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| | that everyone would be covered. The
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| population in the United States, which is
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| | drawback is that there is no inducement
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| unhappy with their health insurance
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| | by individuals to practice Disease
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| coverage or lack thereof. There are
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| | Prevention because the government is
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| approximately 46 million uninsured in the
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| | picking up the tab and this might result
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| US.
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| | in a new massive federally funded program
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| Members of the New Middle Aged Group are
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| | that over time cannot be adequately
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| particularly interested in their health
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| | funded by the government as it grows in
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| insurance options because many of them
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| | light of demands from our other
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| lose health care benefits upon
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| | entitlement problems such as, Medicare,
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| retirement. Medicare, which is available
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| | Medicaid and Prescription Drug Insurance.
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| at age 65, does not cover everything, and
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| | Today we find ourselves at the crossroads
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| individual or family health care
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| | of escalating Health Care Costs and
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| insurance policies are very expensive and
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| | Health Care funding requirements that
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| for the most part payable with pre tax
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| | have brought us to the point of a
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| dollars.
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| | collision.
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| Health care costs in the US keep rising,
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| | The solution may lie in combining some
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| and in most years health insurance
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| | form of both of these programs utilizing
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| premiums do too often at double-digit
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| | the platform of Health Savings Accounts,
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| rates. .
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| | which would be federally funded to the
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| Disease Prevention expenses as a portion
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| | extent needed to subsidize them so that
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| of Gross Domestic Product (GDC) accounts
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| | everyone could be covered including those
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| for some 16% of the budget with only 4%
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| | with pre existing conditions either
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| spent on Disease Prevention while 50% of
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| | through a series of federal corporate or
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| Diseases are preventable.
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| | individual tax credits, or with direct
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| According to the Congressional Budget
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| | contributions in the individual's name to
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| Office by the year 2020 health care
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| | fund the program, but it is not just
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| spending which, is already more than $2
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| | about the cost of health care. It's about
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| trillion dollars (16% of GDP), could
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| | finding a solution.
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| easily exceed 25% of GDP.
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| | The solution to our health care needs may
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| Americans 65 and older represent about an
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| | well lie in practicing Disease Prevention
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| eighth of the population and one third of
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| | nationally.
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| health care spending. By 2030 older
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| | The costs of funding this combined
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| Americans could account for nearly half
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| | approach might be substantially less than
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| of health care spending according to a
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| | under a straight Universal Health Care
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| study by the Centers for Medicare
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| | plan because people would have the
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| Services.
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| | incentive to practice Disease Prevention
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| Government statistics indicate that
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| | once they understand that it is their
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| health care spending by Americans between
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| | money that they are spending on their
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| 1970 and 2005 has increased on average
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| | health care, which can be rolled over
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| 9.8% per year for private health
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| | from year to year similar to an IRA, and
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| insurance and 8.9% for Medicare
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| | because catastrophe insurance is
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| beneficiaries according to the New York
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| | generally less expensive then the current
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| Times.
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| | all inclusive small deductible type
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| The Republicans by and large favor a
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| | insurance program being offered.
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| private insurance plan called Health
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| | To this end, a Disease Prevention Program
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| Savings Accounts (HSA) to solve the
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| | should be made available to everyone that
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| Health Care problem. An overview of this
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| | will help them maintain a better state of
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| program is that it allows businesses or
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| | health, and enable them to minimize their
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| individuals to contribute a certain
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| | health care expenses in keeping with good
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| amount of money tax free to a HSA (Health
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| | medical practice and the utilization of
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| Savings Account) and take catastrophe or
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| | best care options.
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| major medical insurance for the balance.
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| | We have to show people how to practice
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| The good part is that it encourages
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| | Disease Prevention at the same time that
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| individuals to become Disease Prevention
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| | we seek to cover them with Health
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| conscious because most of their medical
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| | Insurance if we want to produce a
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| expenses are coming out of their HSA,
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| | program, which in the long run can be
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| from which the balance of funds can re
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| | self-funding through medical cost
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| rolled over like savings from year to
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| | savings.
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