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Choosing a Health Plan

Posted by Mark Jolley in OPEN |

The following is a re-post of an article by freelance writer Linda Stern for Reuters.com.  http://twurl.nl/2bjswr

–Linda Stern is a freelance writer. Any opinions in the column are hers. You can follow Linda Stern’s financial notes on Twitter at http://www.twitter.com/lindastern –

Washington’s health-care reform debate could go on for a while, but who can afford to wait?

In the next few months, most employees will have to choose a health insurance plan for 2010. Others may face job loss and the loss of employer-provided benefits, or are newly emancipated — graduated and unemployed — young adults who need to find their own coverage.

They all have this in common: The likelihood of higher premiums, more confusing choices, and more policy “gotchas” that can limit, or even kill, their coverage after they’ve paid those costly premiums. And, the need to nail down coverage before Washington acts. Here’s how to make smart health insurance decisions while hoping that Congress does the same.

– Don’t wait. “All the health insurance proposals have one thing in common,” notes Sam Gibbs of Continue Reading »

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A Personal Appeal to Help Get Everyone Insured

Posted by Mark Jolley in OPEN |

President Obama addresses the nation tomorrow night about Health Care Reform.  Democrat Senator Max Baucus of Montanta, widely recognized as the point person in the Senate working on a bi-partisan agreement, is close to having a compromise bill draft.  Republican Senators and Congressmen are pushing back on what they consider a big government solution to health care.

What we all know and agree on is that there are major problems in our health care.  There are areas of agreement and areas of disagreement.  One major area of agreement is the need for every citizen to have quality, affordable health insurance.  This is a universal value that seems clear and agreeable to most Republicans and most Democrats.

It is our mission to put affordable health insurance in the hands of everyone.  And with that, I’ve put out a personal appeal to my family and friends asking for their help in spreading the word about InsureMonkey.  Here is my letter to them:

I know you’re busy, but you’ve gotta take 5 minutes right now to check out our new website – seriously:

www.InsureMonkey.com

It totally rocks!  Our mission is to put health insurance in the hands of everyone!  With nearly 50 million Americans uninsured, that’s a lot of people to reach.

I need your help!

We all know that if you don’t have health insurance through your work, trying to get it sucks.  We’re here to change that.  We’ve teamed up with the top health insurance companies around the country to deliver the most affordable and benefit-rich plans over the Internet.  Honestly, getting health insurance is now as easy as booking a flight on Travelocity.  It’s pure goodness.

Some causes begin with an international rock star.  Others begin with a former Vice President.  Ours, with a simple idea and an email to friends.

I’m asking you to do two things:

1.   Go to www.InsureMonkey.com, check out the site and give me your feedback.
2.   Help spread the word.  Please forward this email right now to as many friends as you have.

Make sure everyone, including your friends and family, has access to affordable health insurance.  Even if you think that your friends and family have health insurance, please send it to them anyway — they may know someone who doesn’t.

This is really one of the big issues of our time.  Let’s be a part of it.  Let’s stand together and make a difference.

I can’t thank you enough for your support!  Please let me know how many people you forward this to.

Thanks again!

Mark

P.S.  Margaret Mead once said, “Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.”

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Top 5 Problems With The Health Insurance Reform Proposals

Posted by Alex Rivlin in OPEN |

5.  We must stop calling the proposal “health care” reform.  It is not.  It is simply “health insurance” reform and only addresses some of the practices within health insurance that need reform.  For instance, inefficient claims processing is the second-biggest area of wasted dollars in health care, costing as much as $210 billion annually (enough money to pay for the current proposal twice).1

Health care's wasted dollars

4.  We are told the current proposal will increase coverage (near universal) and reduce costs.  It will not Continue Reading »

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Top 5 Reasons Healthcare in America is Broken

Posted by Mark Jolley in OPEN |

5.  Doctors are rewarded for prescribing drugs.  Big pharmaceutical companies are known to hand out “consulting agreements” worth more than your annual salary to doctors who prescribe their drugs like candy.  And unlike contributions to political candidates, there is no way to track what doctors are considered “top-performers” and receiving the most lavish gifts. This is one of the worst practices I can think of that drives a stake right through the heart of healthcare’s credibility.

4.  Big Healthcare, i.e. pharmaceutical companies, hospital networks, insurers and their support industries, spend hundreds of millions each year lobbying Congress to make sure there are not major changes to the business structure we call healthcare.  They have a vested interest in keeping things the same (again, see #1) which is good for some and bad for many.

3.  Tens of millions of healthy people choose not to pay for health insurance, putting the financial solvency of the system at risk.  This leaves those that do pay into the insurance system paying more.  The concept of insurance is to spread the cost so that when you need help, you are not buried under steep bills that you could not possibly afford to pay back.  So those who opt out are cheating everyone else.  Including, probably, their own family and friends.

2.  We are killing ourselves.  Our choices bring on diabetes, heart-attack-inducing high blood pressure and cholesterol, obesity, chronic illness, and the like.  We eat crap.  We supersize it.  We consider the walk from the parking lot to our office exercise.  We only see the doctor when we get sick.  Even then, we only listen to the prescribed advice about half the time.  And we’re totally aghast at the increasing costs of care when we get really sick.

And the #1 reason healthcare in America is broken…

1.  The current system is set up to reward sickness.  Doctors get paid when you see them.  And you only see them when something’s wrong, right?  Hospitals get paid when someone gets injured or is sick.  Pharmaceutical companies make outrageous profits when their drugs are prescribed (and they lavish gifts worth more than your annual salary to the doctors who prescribe the most…see #5).  Insurance companies take in more money when there are more sick people to cover.  Everything revolves around us being sick.

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Caffeine Rush

Posted by Mark Jolley in OPEN |

I’m 36.  And before this year, I had never drank coffee.  Not Starbuck’s.  Not home-brewed.  Nothing.  That’s weird, right?  I mean, everyone I know drinks coffee.  My wife lives on it.  In fact, she can go weeks with little to no sleep and nutritionally sustained by coffee.

Now don’t get me wrong.  Of course I’ve tried it.  I just never liked it much.  But in April 2008, I started drinking vanilla lattes from the Coffee Bean.  Being like most of you out there, I’m chronically sleep deprived with more responsibilities to meet than time to meet them.

So of course I was looking for an extra adrenaline kick.

For years, I’ve started my days about 6:00 a.m. by drinking a lot of water.  Then, seemingly overnight, I added 4 cups of coffee to the routine.  On top of that, I would feed my mid-morning and mid-afternoon addiction to Red Bull.

But after 6 months, I realized the energy I typically have throughout the day was gone.  I had little energy - or attitude for that matter - to do anything in the evenings and I found myself wanting to stay in bed longer and longer in the mornings.  Was it the coffee?  Could I be over-caffeinating myself?  Continue Reading »

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What Keeps Us Up At Night

Posted by gchen in OPEN |

In simpler times, visiting the family doctor when you were ill was a reasonable option. Unfortunately, we no longer live in simple times. Because of lack of insurance and lack of affordability, the mere act of scheduling a doctor’s visit has become a source of dread for many Americans. In fact, access to health care has become our number one health concern. We don’t lose sleep because we fear that we may contract a deadly disease or suffer with a chronic illness. We lose sleep because we are afraid that if we get sick, we cannot seek help.

According to a Gallup Poll released in December 2008, Americans are less concerned about contracting diseases like AIDS, cancer, diabetes and heart disease than they are about simple access to health care!  According to the poll, 55% of the folks who responded said that availability of health care services and the affordability of such services were the most pressing health issues facing Americans today.  This is no small wonder when you consider that 47 million U.S. citizens are without insurance, according to the Census Bureau.  Consequently, a vast portion of the country cannot afford medical services when they get sick.

A Historical Comparison

If you looked back at a Gallup Poll that was taken about 20 years ago, you would see that Americans at that time felt the most significant health problem facing the country was AIDS. In the more recent poll, AIDS and other deadly diseases were not a major concern for Americans.  In fact, the results of the poll seem to suggest that Americans think disease is out of their control, but access to health care should be something we all have.

Unreasonable Costs, Reasonable Expectations

In 2007, health care costs were estimated at $2.3 trillion, and these costs continue to rise. With the increasingly high level of unemployment and the sinking of the economy, Americans have a genuine feeling of panic regarding their ability to obtain health care when they need it. With so many people uninsured, the panic is sure to continue.

Americans feel that access to health care is a reasonable expectation that should be fulfilled. We are all looking to the Obama administration for hope, but Obama’s plans for health care reform will take time – time that many Americans do not have when they are sick and need help.

Uncertain Times

We live in a time of uncertainty when all the indicators seem to suggest darker times may still lie ahead.  Americans continue to spend restless nights wondering whether we can rely on our health care system to support us when we need it. Though we hold fast to the notion that change always comes, we continue to wonder just how that change will be undertaken and how long it will be before we see relief.

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