America’s health insurance problems

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“Millions of Americans with past or current health problems have difficulty obtaining health insurance. The problem revolves around what insurers call “adverse selection.” Sick people cost insurers more than healthy people. If one insurer offered equally affordable policies to everyone, sick or healthy, sick people would gravitate to that company. The cost to insure all those sick people either would bankrupt the company or require the company to raise its rates. Healthy people, able to obtain cheaper coverage elsewhere, would change insurers. If insurers were precluded from considering health, there would be no adverse selection. … If insurers could eliminate the costs of investigating and record keeping, they actually might be able to lower rates.

Many of America’s health insurance problems would disappear if Congress passed a law stating that “No health insurer may consider any applicant’s past, current or future health or age.” By eliminating adverse selection, such a law would put all insurers on the same plane, reduce insurance costs and make health insurance available to more people. A serious social problem could be reduced with a one-sentence law.”

Step 2: Answer the following two questions.

Q1: Did the author do a good job of explaining the problem of adverse selection?

Q2: The author mentions “Many of America’s health insurance problems would disappear if Congress passed a law stating that “No health insurer may consider any applicant’s past, current or future health or age.” Do we have such a law that requires community rating* (instead of experience rating) today? Did the law work to eliminate adverse selection and accomplish what the author was aiming for?

 

Sample Solution

The United States has taken steps to improve healthcare and the consumer experience over the last decade. However, according to a recent poll, only 7% of Americans are satisfied with the present healthcare system. Change is desired across political lines, with six out of ten people of various political affiliations agreeing that the healthcare system need adjustments or a total overhaul. Since 1994, the public’s image of American healthcare has remained largely unchanged. According to a Gallup study, seven out of ten people believe the present healthcare system is “in crisis” or has “serious difficulties,” and similar attitudes have been expressed for nearly three decades.

idual it will be troubles. Individual need to know what degree change is need they look to administration to reply. They need to realize how their work will change and what expected of them during and after the change cycle and what achievement or disappointment will mean for them. The change influences various levels of the association. These change endeavors should incorporate plans as change programs progress they ought to characterize system and setting focuses to plan and execution likewise, they ought to adjust the organization vision, prepared to organization explicit mission and spur to get change going. Association should completely correspondence, interest and inclusion are valuable interaction to accomplish association objectives.

Effective change programs need to comprehend and represent culture, practices and insights at each level of the association that should be taken. Intensive social diagnostics can survey hierarchical preparation to change, carry serious issues to the surface, distinguish clashes and characterize factors that can perceive and impact sources. That will serve fundamental change components. Actually overseeing change requires consistent reassessment of its effect and the associations eagerness and capacity to embrace the following flood of change.

B. Preparing

Association with solid conventional preparation plans are more alluring to forthcoming representatives and hence they can likewise assist with enrolling the best ability. Its key of long haul benefit program to work on hierarchical execution. Is significant association offer their representatives the chance to foster new abilities, access new assets and experience circumstances they have not recently gone over. Albeit these drives will bring about an underlying expense, the drawn out advantages of fostering your workers make the speculation beneficial. While figuring out which of the most recent strategies or developments to take on there are four main considerations to be thought of:

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