| For a majority of people, health care is one of those | | | | for the premiums of yourself and your family, and you |
| sensitive subjects. No matter what solution to health | | | | are not guaranteed acceptance into the policy. If you |
| care is presented, there is undoubtedly going to be | | | | have medical conditions that the insurance company |
| someone that disagrees. And given the current political | | | | deems risky, you will have a difficult time getting the |
| climate, the debate over health care is at the forefront | | | | coverage that you need. |
| of everyone's minds. Until this debate comes to some | | | | Preexisting conditions are also a notorious problem for |
| form of resolution, for most of us there will continue to | | | | private health care insurance. If you are accepted into |
| be only two types of coverage: group insurance and | | | | a policy with a preexisting condition, you will often have |
| private health insurance. | | | | to wait a lengthy period of time before coverage will |
| Of these two options, the more appealing is typically | | | | begin. You have to first prove to the company that |
| the group insurance option. Most people would rather | | | | you will not be a major cost liability to them. |
| not have to front the entire cost of the insurance, as | | | | Private health insurance is not all negative however. |
| well as worry about the myriad of other factors | | | | First of all, it is health insurance coverage, and some |
| involved with private insurance. If your employer is | | | | coverage is often better than no coverage. For millions |
| going to offer health insurance as a benefit package, in | | | | of people, private health insurance is literally a life |
| most cases you will be best off taking the offer. | | | | saver. |
| Group insurance offered by your employer will often | | | | And while private health insurance is generally |
| cover at least a portion of your premium costs. Certain | | | | considered more expensive than group insurance |
| packages may even be designed to provide coverage | | | | policies, there are circumstances when the private |
| for the employee's family. For the company, providing | | | | option is cheaper. Small businesses can frequently get |
| this benefit can be a strong recruiting incentive and | | | | themselves into trouble with group policies. If they have |
| allow for retention of important employees. | | | | a string of bad luck with a couple of expensive claims, |
| Aside from the benefit of premium assistance, the | | | | their average claim per person increases. This later |
| major advantage to group insurance is that the | | | | translates into much higher premiums for the entire |
| employee is guaranteed coverage by the company's | | | | group. |
| plan. There is no sort of discrimination by the company | | | | The bottom line is that health insurance is still a big |
| based on the insurability of the participant. You cannot | | | | concern for a majority of people. What works for one |
| be turned down for preexisting conditions. | | | | person, doesn't work for another. Either way, it is a |
| On the other hand, private health insurance does not | | | | necessary evil, whether we like it or not. |
| share these same characteristics. You are responsible | | | | |