HEALTH INSURANCE UPDATE:
Multifaceted System:
A combination of employer-sponsored plans, government-sponsored plans, and private insurance.
It provides medical care to millions of individuals and families.
Historical Context:
Employer-sponsored programs that emerged in the early 20th century.
It was widely accepted after World War II.
Employer-Sponsored Health Insurance (ESI):
It covers most non-elderly Americans.
They vary in coverage, fees and cost sharing.
Challenges include rising costs.
Government-Funded Programs:
Medicare:Established in 1965, it covers the elderly and individuals with certain disabilities.
Medicaid: Protection for low-income people, varies by state.
Expansion under the ACA.
Affordable Care Act (ACA):
Legislation was enacted in 2010 to amend it.
Health Insurance Marketplace: Offer personal plans and support.
Medicaid expansion: Created coverage for low-income adults, implemented consumer protection.
Challenges and Disparities:
Rising health care costs put a strain on the budget.
There are demographic, social and economic differences.
Debates and Reforms:
Single-payer plans and public options.
An ongoing discourse on improving affordability, expanding coverage and narrowing the gap.
Conclusion:
Health insurance is necessary to access care.
Comprehensive change is needed to meet the challenges and meet evolving needs.
