Women health
*Women health>>>Health Insurance

How are health insurance markets different from markets for other goods and services?


my mom is writing a report on this.

One of the ways that health insurance markets are different from other markets is the way in which the cost of health insurance is so closely tied to the cost of health care - and more importantly the types of things that affect the cost of health care.

One of the biggest contributors to the increasing cost of medical care is that no one knows how much anything costs and the majority of people that get medical care are not paying for the care (their insurance company is).

In 1998 the normal cost of laser surgery was about $2200 per eye. Now it's close to $1350. It's no coincidence that this procedure is rarely covered by health insurance. Laser eye surgery is one of few health procedures sold in a free market with price advertising and consumer-driven purchases.

One of the ways that people are trying to keep costs down is with Health Savings Accounts (HSA's). Here is more information on HSA's:

Tags
Irritable Bowel Syndrome Liposuction Lung Cancer Lupus Health Insurance Heart Disease Hepatitis High Blood Pressure HIV Homeopathy
Related information
  • How are health insurance markets different from markets for other goods and services?

    One of the ways that health insurance markets are different from other markets is the way in which the cost of health insurance is so closely tied to the cost of health care - and more importantly ...

  • What will happen to the health insurance companies, once the Universal health care in place?

    I doubt they will go out of business. I think what will happen is they will be regulated and paid for by the governemt, similar to Care source and other "Managed Care Plans". There man...

  • What jobs offer health insurance, without a college degree?

    Anything with the state pays good and offers good benefits.. He might want to get a job at a factory too (not quite as good pay or benefits, but desperate times call for desperate measures)... I ...

  • Looking for supplemental health insurance?

    AARP is one that is advertised .The insurance company can answer your questions

    ...
  • To qualify for Health Insurance, I have to work at least 30 hours, but my boss cut my hours. Any help?

    LOL! Everyone says find a new job! That's not feasible most of the time. If you're young and healthy, you will probably be able to get a good deal on private health insurance. www.ehea...

  • Confused about buying health insurance?

    The deductible is the amount you pay before the insurance company starts to pay your medical bills. With co-pay plans the co-pay for doctor visits do not count towards the deductible. If you needed...

  • Help me find health insurance quick!! please!?

    Typically if you apply for a health insurance plan after you already have a health problem then that pre-existing health condition will not be covered right away if at all. However, it is still ...

  • Whats a good health insurance company?

    You should ask this of a local agent that works with all the major companies in your area. No one here can tell you because nobody here knows your situation and budget; and not all companies write ...

  •    

    Health Categories--Copyright/IP Policy--Contact Webmaster
    The information on whfhhc.com is provided for educational and informational purposes only and is not a substitute for medical advice or treatment for any medical conditions.