The healthcare squeeze

 

We have all felt the squeeze at the pumps as gas prices have escalated, but few of us have noticed the quiet squeeze of insurance companies as premiums have continued upward and benefits have declined. Recently, I opened my mail to read a notice concerning an umbrella policy that I have always carried. This policy, although expensive, gave me peace of mind through the years. But the notice informed me that a whole litany of causes of action were no longer covered and in certain conditions that they would no longer pay for attorney fees. In addition they reserved the right to place the agreed amount of coverage with the court and walk away — leaving me to defend myself! Boy! What an insurance plan? The same is happening with other types of insurance, and it is time for us all to stand up at the ballot box and tell these large companies that we will not take it any longer.

 

Private health insurance companies are making the argument, by their recent actions toward tiered drug co-pay, for a national health insurance plan as well as stricter government regulation. If health insurance does not cover you or your family during a serious illness — what use is it?

Historically, private insurance is a social compact that allows us to spread the risk of catastrophic loss for each individual out among a large group of rate payers, and the larger the group the better this system usually works. This is true of all types of insurance, be it public liability, fire, or health insurance. But the social good of private insurance also certainly has developed its down sides.  Without adequate insurance coverage, most professions and ordinary people could not function because the individual or business could not cover the potential loss from error or accident. But in the public health field the confluence of  the deep pockets of insurance companies and their attempt to save costs and increase profits has caused escalating personal  health costs for the seriously ill, and this, in turn, is starting to destroy the social compact that allows us to spread the risk of catastrophic loss — which is the main purpose for having insurance.

 

 Until recently the concern and the debate for national health insurance  was for people and families lacking any health insurance, but that concern and debate is shifting to those who have health insurance and still may face catastrophic loss that will ruin them financially. Gina Kolata, of the New York Times, points out that virtually all insurance companies are shifting away from traditional drug co-pay fixed amounts of $10, $20 and $30 to tiered pricing that makes the sickest pay the most for medicine. Under this new system costs can run as high $100,000  a year for medicine needed for serious illness. So if you thought you and your family were home free with health insurance it is time to think again. Tier 4 and Tier 5 plans can change your co-pay from $20 to $325, especially for drugs with no generic equivalent. These drugs are used to treat common diseases such as cancer, multiple sclerosis, arthritis, hepatitis C, and hemophilia.

 

What has brought on this new system, in which the sickest person pays the most, while the healthy person pays much less? This is an erosion of the basic concept of insurance coverage and is an attempt by the insurance companies to keep costs down and profits up. It is a quiet squeeze because most of us do not look closely or understand the fine print in insurance notices, and most insurance companies, under current lax regulations, do not have to notify you of changes in coverage. Most folks get the first notice of a Tier 4 or Tier 5 program at the drug store when they try to pick up their drugs. Experts say most companies have changed to this system or will be doing so. It may be time to call your health insurance company and check, and while you are doing so you might mention how angry you are about the changes or proposed changes.

 

The larger the pool of rate payers the better a catastrophic health insurance program works, and the largest group we could conceive of would be in a national health insurance program. Private insurance companies have, by their actions, increased the need for stricter state and federal regulation.  We are now the only modern nation that does not provide health insurance for its citizens. It is time for America to join every other modern, industrialized nation in the world and provide national health coverage for each and every American.

 

 

Ken McCalip is an Orcutt native who holds bachelor and doctorate degrees in history, cultural geography and law from various California universities. You can send him email at foxmt.one@verizon.net