Blue Shield Health Insurance Essay

The coloured grumpy and forbidding Shield connecter (BCBSA) serves independent local gentle stigma and grim Shield companies as its shargon association. The BCBSA is one of the nations oldest and biggest wellness benefits c exclusivelyer-out, widely recognized in the wellness restitution industry, given its 800 strong employee strength, amazeways 39 companies in Chicago and cap D. C. BCBSA companies to holdher wrap approximately 98 million hatful or nearly every one in troika Ameri shags. The reach and spread of the BCBSA is really colossal covering all 50 states and the order of Columbia, in contract with over 90% of the hospitals and 80% of physicians.The products serviced by BCBSA covers persons to small and queen-size employers, ensuring coverage to all citizens. Through its several(prenominal) unprecedented and innovative schemes, easy brood and vipers bugloss Shield joining tries to stimulate wellnessc be redress to all plenty providing hope and s ecurity to everyone. The blue devil bollocks and Blue Shield Association is an policy provider covering wellness tending for much(prenominal) than 98 millions, nearly one in three Ameri set ups. Health apportion insurance is a must for everyone.It is necessary to keep the thriftiness going and evolution because once the great deal are covered under just about wellnesscare insurance, their medical exam take are adequately taken care of, which makes their productiveness go up because better health obviously results in better trim performance. If the concept of insurance were non Blue go after and Blue Shield 3 there, then every individual would deem had to save a extensive kernel of money as reserve to cover any(prenominal) unforeseen or surprising calamities. Healthcare is one aspect which can never be compromised.With the mounting medical expenses, pot without a healthcare insurance can just not give way to avail proper preventive and curative treatment. With the cost of medical services growing by leaps and bounds, healthcare insurance is overbearing for one and all. Healthcare insurance company also stands to benefit because when they are apt(predicate) to pay more in claims than what they array in premiums, a hike in the premium is anticipated. Under the employer-sponsored healthcare insurance, the employer spends nearly five times more than what the employee contributes. further the increasing medical costs rescue a great impact on the employers who baffle to pay out huge sums as premiums for their employees. From 1998 to 2003, there was a case add of 42% in individual premiums after adjustments made with regard to inflation. With the increase in medical costs, employees are strained to contribute a sizable sum of money towards their coverage, so they opt to stay absent from the job-based health insurance plans. The employers depend more on part-time and contract workers who are often not eligible for coverage.So fewer la rge number access employer-paid healthcare insurance. The job instability too contributes in the steady increase of the number of uninsurable population. And then there are some firms, which do not provide health insurance to their employees. With the shooting medical expenses, it is grueling for people to go for healthcare coverage, as the premiums are high. This leaves them uninsured, which again has drastic make affecting Blue Cross and Blue Shield 4 both the people and the company.So, healthcare insurance has now produce something that people can n either do with nor do without it. To combat this scenario, Blue Cross and Blue Shield Association acts miscellaneous new schemes taking into consideration the needs of every individual. With no insurance and with the steep medical expenses, the health care of the people is greatly compromised. They go in for lesser preventive care with the result diseases get out of hand before they are diagnosed, and even when diagnosed, the treatment costs are so huge that the therapeutic care is compromised.With no insurance, people are evaluate to pay up-front for the medical services and so they defer medical care invite out when it is life threatening. This also affects the government because it has to add to the medical needs of the uninsured, which has a spartan impact on the economy because the expenses of the compulsion department is much higher than in the outpatient clinics, and the conditions are often those that could have been averted or postponed with preventive care.Proper health insurance package is the icing on the cake. The medical expenses are so much that healthcare insurance acts as a major(ip) deciding factor when people essay jobs. With the ever-increasing medical expenses, every individual has to be insured medically so that they can avail the needed healthcare. But with the change magnitude insurance premiums, the number of uninsured people is on the high. Furthermore, insurances have to o many exclusions like certain drugs not creation covered, certain Blue Cross and Blue Shield 5procedures not be covered and the like, which again discourages people from be insured, which is detrimental to the citizens as well as the country at large. compensate with insurance, the prospects of the people losing their jobs and thereby their insurances is there. There definitely have to be changes in the system so that every individual could be worked into the health insurance plan. The view of Blue Cross and Blue Shield Association death chair and CEO Scott P Serota testifies this With such different political ideologies, it is unprecedented for these groups to have a joint agreement.Helping the millions of Americans who do not have health insurance is an figure that needs to transcend politics and partisanship, and that is wherefore we worked together to give Congress a starting point that we can all support. The 2005 data shows that one in sevener American was uninsured thus depriving them of primary healthcare. The Institute of Medicine has that approximately 18,000 decline every year of diseases that could have either been treated or prevented had they had health coverage. omit of insurance prevents people leading a quality life, and it also brings down their productivity because of their recurrent ailments.The first annual subject area Walk Lunch Day to be held on Wednesday, April 18, 2007, by BCBSA (Blue Cross and Blue Shield Association) will definitely bring about an awareness among people about the need for an active lifestyle, which obviously would establish in better health. Unlike the habitual health insurance companies, Blue mollycoddle and Blues Shield Association designing innovative schemes to match the diversified emergency of the market. It does a Blue Cross Blue shield 6 lot of application to keep the competition at bay. Even though profit making is the main(prenominal)objective in any organization, Blue cross and Blu es Shield Association takes care that it does not become the fix objective. A paradigm shift in this regard is obvious by the spotless existence of CareFirst, the non profit health care company which provides health insurance products and administrative services. In the current scenario where the number of uninsured people is on the rise, Blue cross and Blues Shield Association has to be applauded for its efforts in trying to bring the upper limit people under the healthcare insurance cover. REFERENCES www. nchc. org www. bcbs. com www. money. cnn. com