Archive for the ‘health insurance’ Category

Glenn Beck Botched Surgery Points to State of Healthcare in America (video)

Posted on January 4th, 2008 in glenn beck, health, health care facilities, health insurance, hospitals | 7 Comments »

Glenn Beck, host of the Glenn Beck Show on CNN and radio personality, has released a video where he shares his recent planned surgery experience that "went horribly awry". Unfortunately it appears there were problems and Read the rest of this entry »

Would You Get In Shape To Save Money?

Posted on November 7th, 2007 in business health insurance, deductibles, diet, economic incentive, exercise, fitness, get in shape, health insurance, health insurance plan, lifestyle changes, lose weight, obesity, overweight, video, weight loss | No Comments »

Watch out, you may be asked to pay more for your company's health insurance plan if you're out of shape.

More and more companies are taking a controversial approach by 'encouraging' employees to get fit by lowering their deductibles if they pass a yearly physical fitness test. If they don't, they pay a much larger deductible.

Would you get in better shape to save thousands every your on your health insurance?

I think this is a brilliant plan since it rewards those that are healthier and file fewer claims. Until now, everyone pays the same regardless of their physical health.

It's simple economics... and it works. For example, in the video below, you'll see how an Arkansas county saved over $1.5 million dollars in a year and half after implementing the new plan. When they started, they were in the red half a million dollars. It shows how an economic incentive can help make lifestyle changes and benefit everyone.

In times when health care costs are skyrocketing, this type of incentive is badly needed... and it's a win-win situation. Overweight employees lose weight, feel better, have more energy and are more productive. They also add years to their life and most likely live better quality lives at home.

Initially many employees find this an intrusion and violation of their rights. After going through the program for some time, they seem to appreciate the benefits for themselves and their employer.

To your best health!

Mark

Get tips on how to save money on your health insurance at YourHealthInsurance.com

Obesity, A $100 Billion Dollar A Year Crisis

Posted on September 15th, 2007 in diet, disease, health insurance, obesity | No Comments »

The real cost of obesity is not necessarily to the person themselves, but to society in general. One of the main costs are in the increases in insurance premiums due to increased costs insurance companies incur by paying claims of patients that are overweight and have health challenges as a result of being obese. Dr. Nayer Khazeni puts it well recently writing in the San Francisco Chronicle:

"Today, cutting across all income groups, obesity remains a dangerous medical condition and a national public health crisis, costing Americans $100 billion in health care expenditures and more than 400,000 premature deaths each year. A number of studies have now demonstrated links between obesity and a host of medical conditions, including depression, gastroesophageal reflux, sleep apnea, gout, osteoarthritis, gallbladder disease, kidney disease, diabetes, high blood pressure, high cholesterol, coronary artery disease, heart failure, atrial fibrillation, stroke, pulmonary hypertension, blood clots, dementia and several cancers (endometrial, breast, pancreas, kidney, esophageal, multiple myeloma, lymphoma, prostate, liver and colon).

A July 2007 study from the Johns Hopkins Bloomberg School of Public Health estimates that 75 percent of American adults and 24 percent of American children will be overweight or obese by 2015. During my residency, patients weighing more than 325 pounds used to be transferred from the hospital to local zoo scanners for imaging. Even with newer machines that accommodate larger patients, radiologists need to use high levels of radiation to acquire images because of increased body mass. Scanners designed for patients weighing as much as 615 pounds are in the works."

And the costs to the insurance companies are passed on to everyone, not just those filing claims, everyone shares the costs. A study in the respected journal 'Health Affairs' reported that "estimates reveal that the public sector is responsible for financing nearly half of overweight- and obesity-attributable medical spending." So those covered by insurance plans that never file a claim, are healthy and use the insurance for emergencies (as I believe it was originally designed and ought to be used) end up paying higher premiums along with those that file more often due to health issues like obesity. Those that are healthy pay up to half of the 100 billion a year in extra medical expenses attributed to obesity.

But the costs to society don't stop there.

There are also costs to local, state and national governments to provide access to those that are obese, who are also sometimes handicapped. There are costs to private companies to provide equal access and accommodations to both employees and clients. Health insurance premiums and more.

The American workforce is also losing it's edge from this crisis. With obesity increasing, workers become less productive, use more sick days, work less and cost their employers in more time and money than other employees.

And who benefits from this crisis?

Well, health insurance companies continue to raise premiums (and profits), doctors and other health care providers are busier than ever, drug companies are salivating at the prospect of creating more drugs to 'help' with a 'magic pill' and the list goes on.

Can you see why this is truly a 'crisis' that effects more than just the one obese individual?

And let's not forget, obesity is a direct result of poor diet and lack of activity.

Let me know what you think.

To your best health!

Mark

Health Insurance Rates Skyrocketing

Posted on September 13th, 2007 in diet, health insurance, obesity | No Comments »

Health insurance rates are climbing, but why?

Read this story with more details on why they are on the rise, although the answer to the problem is simple. The health insurance industry is overwhelmed with paying for the health care expenses of those that are overweight, obese, smoke or related issues. The health care costs related directly to being overweight is over $100 billion a year alone... and rising. The answer: make simple lifestyle changes and take responsibility for your own health.