Huntington’s disease is very cruel whose symptoms emerge in middle age. The cognitive functions waste away wherein the victims become vulnerable to heart disease, physical injury and depression. A recent survey revealed that as many as 27% people attempt to suicide leading to such a condition. Also if you have a parent having this disease there is a 50% Chance that you inherit this disease.
Such a disease in its unusual degree of predictability will glimpse up in the future with advanced genetic screening which would give you a richer and fuller portrait of disease risk which would be faced up. In this world of health of health insurers one need to have reliable sense of how a client would incur medical losses over the time.
In 2007 a economist argued that such a technological revolution would eventually lead to single-payer runned health systems in all the democracies. The private insurers would depend on careful management of risk, but as one improves the ability to forecast the future health outcomes, this model would break down slowly and gradually.
It is very easy to see why private insurers would like this type of world. The reason is very simple there are people who are forced to buy the product whether they want or not, making private insurers isolated from price competition. This problem of selection would force all insurance providers to offer very good benefits. Such a situation would amount to a massive corporate giveaway in the name of universal peace and harmony which supports a public option strongly. Depending on how this option is designed one can force private insurers who would run to keep their costs down.
There is a company who would be offering to such diseased people. The main idea to offer such plans is to offer hospitalization and illness which would represent medical expenditures covered by Universal Coverage Pool. This scheme would offer a form of reinsurance which would be designed to improve the incentives for providers to protect individuals against ruinous medical expenses.
To provide coverage to consumers would serve as a tax payer to hospitals with the payment intermediaries which would work as a primary care physician. The part of appeal to the approach would be open-ended which would make the big coverage costs mandatory and wraparound coverage optional. This plan could be financed through something like current system making tax incentives for employers which could be financed through taxes.
With such a policy in place, no one would go bankrupt due to illness with private insurers and providers competing on the basis of quality and cost, which would make the health system get better and cheaper over the time.
Such a disease in its unusual degree of predictability will glimpse up in the future with advanced genetic screening which would give you a richer and fuller portrait of disease risk which would be faced up. In this world of health of health insurers one need to have reliable sense of how a client would incur medical losses over the time.
In 2007 a economist argued that such a technological revolution would eventually lead to single-payer runned health systems in all the democracies. The private insurers would depend on careful management of risk, but as one improves the ability to forecast the future health outcomes, this model would break down slowly and gradually.
It is very easy to see why private insurers would like this type of world. The reason is very simple there are people who are forced to buy the product whether they want or not, making private insurers isolated from price competition. This problem of selection would force all insurance providers to offer very good benefits. Such a situation would amount to a massive corporate giveaway in the name of universal peace and harmony which supports a public option strongly. Depending on how this option is designed one can force private insurers who would run to keep their costs down.
There is a company who would be offering to such diseased people. The main idea to offer such plans is to offer hospitalization and illness which would represent medical expenditures covered by Universal Coverage Pool. This scheme would offer a form of reinsurance which would be designed to improve the incentives for providers to protect individuals against ruinous medical expenses.
To provide coverage to consumers would serve as a tax payer to hospitals with the payment intermediaries which would work as a primary care physician. The part of appeal to the approach would be open-ended which would make the big coverage costs mandatory and wraparound coverage optional. This plan could be financed through something like current system making tax incentives for employers which could be financed through taxes.
With such a policy in place, no one would go bankrupt due to illness with private insurers and providers competing on the basis of quality and cost, which would make the health system get better and cheaper over the time.
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