The preparation phase of filing for health insurance is an excellent time to implement a computer-based personal health record (PHR) because you can proverbially kill two birds with one stone, i.e. begin the creation of your own all important personal medical record and decrease the likelihood of being denied medical insurance coverage or experiencing gaps in your coverage known as pre-existing exclusions if your application is approved because of incorrect information entered on your application. The online health insurance application process from acquisition of health insurance quotes to the final application approval is a streamlined one which is designed to enable you to find the best insurance for you in the least amount of time, but if you do not have the proper information pertaining to your health while going through the process, the efficiency that is intended may be minimized or negated. The creation of a personal health record as you prepare to file for health insurance online probably can not only help you more efficiently and accurately go through the application process and find the health insurance that is best for you, but can also be of immense value to you in the future in other settings such as applying for a job, applying for various licenses that require health information, obtaining an airman medical certificate if you are a pilot, and preparing for visits to doctors or other health care providers, only to mention a few. In applying for health insurance, as is the case in virtually any application proceeding, going through the process without having documents to refer to can be very frustrating and might result in incorrect information being submitted causing your application to be denied, and in the worst case scenario, a conviction for health insurance fraud. In deciding whether not to grant you medical insurance, insurance companies want to know a number of things about your past and current health such as past illnesses, current illnesses, dates of onset of symptoms pertaining to diagnosed and non-diagnosed medical conditions, surgeries, past and present medications, allergies, immunizations and even some details about the health of family members inasmuch as some conditions have hereditary links. Not all insurance companies use the same application form, but to get a good idea of additional information that you need to focus on entering into your personal health record in preparation for the application process you can download a standard insurance application for your state from a site on the Internet. You may be able to obtain some of the relevant information from paper records you already have such as copies of superbills from doctor visits, a health diary, prescription receipts, prescription bottle labels or notes you have taken during actual doctor visits. As you gather this information prior to applying for health insurance online is a good idea to organize it for quick and easy reference during the health insurance online application process by entering it into the appropriate sections of your PHR. It is unlikely that you will have all the information you need at your fingertips, thus it might be necessary to obtain some of that information from your health care provider(s). While it would not be practical or reasonable to expect your healthcare provider to review your office medical record and answer all your questions during a sick visit or follow up visit, state laws give you access to review your medical records upon request during the office business hours. Because this might be a unique experience for your healthcare provider and staff and could engender some concerns regarding possible litigious intent on your part, it might be a good idea to be forthright early on in expressing exactly what your purpose is for acquiring the information and why you think having a personal health record would be of benefit to you and possibly the health care provider as well. As you review your office records is a good idea to take notes of what you can understand and perhaps make copies of important x-ray and laboratory reports which can later be incorporated in your PHR if you have a scanner. If your medical history is rather complicated and/or your office record is not legible or difficult to understand it might be best to speak with your doctor to see if a special appointment can be made to review and discuss the salient features of the record and/or if a summary with dates and copies of the important supporting documents such as laboratory reports and x-rays can be provided. If your doctor has a very busy schedule and would charge you a visit to provide this information you might request assistance from a qualified member of the staff instead of the doctor per se, if appropriate.It is not necessary that your entire personal health record be finished prior to applying for health insurance online, but once the basic information for used for insurance application has been entered, the remainder of the work can be done at your leisure.
As the healthcare reform fight moves to the Senate, concerns over the cost of legislation are paramount. Supporters of reform claim that affordable health insurance is within reach if waste in the health care industry is reduced. They may have a point; a recent study shows that health care companies which are in the Standard & Poor’s 500 have, on average, tripled their profits in the last decade. This is during a 10-year period that has seen significant losses in most economic sectors. While it makes sense that the industry would be relatively resilient–after all, the necessity of visiting a doctor or hospital doesn’t go away when the economy slumps–healthcare costs have soared since 2000, making health insurance less affordable.The typical scapegoats for more expensive health plans are the health insurers themselves. There is no doubt that health insurance companies had a profitable decade. The six health insurance companies in the S&P 500 made over $10 billion in profits. UnitedHealth Group was the most successful, multiplying its income by seven. WellPoint benefited through its merger with Anthem, which increased their profits by a factor of eight. It would seem that these massive profits are standing in the way of affordable health insurance. However, insurance companies are actually one of the least profitable sectors of the healthcare industry. Their profits are less than expected, because sales of health insurance increased almost as much as profits. Despite the industry as a whole experiencing a 9.4% profit margin, insurance companies only have a margin of 4%. That is an increase of 1% over the past decade; while a significant factor, it isn’t the main driver of healthcare costs.If the insurers aren’t mainly responsible for the shortage of affordable health insurance in the U.S., who is? Medical suppliers and medical device makers saw the most improvement over the past decade. The former saw their profits increase by 17% since 2000, and the latter had margins of 15%. Meanwhile, pharmaceutical firms doubled their profits, while increasing their margins to nearly 25 percent. Biotech companies were the biggest winners of all; their profits increased ninefold. All of these industries have been responsible for valuable scientific advances in medicine. On the other hand, they have also resulted in the soaring cost of insurance during the same time frame.What can be done about this? Explicit price controls are extremely unlikely, but regulations enacted as part of a healthcare reform bill could nudge the health care industry towards reducing its costs. Affordable health insurance will be more plentiful if health insurers don’t need to pay exorbitant rates for the majority of their supplies and services. Unfortunately, the healthcare reform bill recently passed by the House of Representatives does little to remedy this problem. Drug and insurance companies have been significant players in crafting the current legislation, since the Obama administration believes that their inclusion in the process will allow for a smoother passage. The Senate’s version of healthcare reform may exert more downward pressure on prices, though.Many actors share the blame for increasingly expensive insurance premiums. Health insurance companies have been singled out somewhat unfairly, but they can nonetheless make improvements by reducing administrative expenses. A public option may serve as a way to pressure insurers and suppliers to cut costs–resulting in more affordable health insurance–but there are a myriad of factors making such a plan a tough sell. Health care industries make up a significant portion of the American economy, which will continue to grow as other sectors (e.g. automobiles) contract. They will not want to put their hefty profits in danger. Consumers are also partly at fault, by demanding increasing and ever-complex medical care that may be unnecessary, without regard for its cost. Price transparency could be another solution. We’ll see if the affordable health insurance market is still booming in 2019.
Most people or rather all people today are looking for an insurance company that offers you a lower rate. Especially health insurance which is one of the most important types of insurance you and your family need.Health insurance is can be very helpful to you and your family, particularly when one of your family members unexpectedly falls ill. The health insurance that you have will help you with the expensive medical bills. Getting you and your family’s health insured is very expensive.One of the many ways to lower your premium is to pay a big amount of deductible which you could handle. So in order to help you lower your insurance rates here are some other tips.You need to shop around for health insurance rates vary in every company. Besides one company might view your health and the risk you poses differently than the other company. Aside from the rate company’s insurance policy might also differ from other insurance company’s policies.Make sure that you have submitted all your medical records and you have said the truth about your health condition. Because when you lie to your insurance company you might get the worst.You should choose your insurance health carefully, and if you have preexisting illness you have to know that you will be having a hard time looking for one. There are not so many companies who will risk giving health insurance to those people that has preexisting conditions.You should live a healthy life style, company might not ask you what you’re eating everyday or how many fats and water can you consume in a day. But they will surely check on those things too so it helps if you eat healthy food and do exercise. This might help you lower your rates.Also you are a smoker; you should try to stop smoking for you might have 30 percent add up to the price of your disability, life and health insurance rates. If you have a history of drug used you might not be able to get and insurance.Also some insurance company might require you to have a physical examination or some short term exam such as taking some blood from you and your vital signs.Your doctor’s can also help you in getting your insurance coverage, for some insurance companies will ask your doctors about your health records. They can help you in explaining your previews illness if you have one.These are just some of the tips that can help you lower your premium rate and help you save some of your hard earned money. But you also have to shop around so that you could find a suitable health plan for you and your family. Insurance that could help you when you need it and an insurance company that gives a good service when it is needed by their clients.