Mr. Health Insurance of Maryland

Medical debt is accumulating at a rapid rate and many Americans are struggling mightily to pay their medical bills.  This is confirmed by a recent study performed by a private foundation that supports independent research on health care called the Commonwealth Fund.

Health care costs are increasing much quicker than incomes, gas prices have soared, food costs are higher, and the average American is strapped more than ever before.  In fact, these problems are reaching deep into the pockets of the middle class and even beyond.  The adverse economic situation is hitting hard across all walks of life and rapidly spreading up the income scale with even middle and high income groups going without health insurance at times during the year.

The Commonwealth Survey found that over 28 per cent of working age adults went without health insurance at some point during 2007 which is the most recent year for which statistics are available.  Furthermore, over 60 per cent of those with medical debt were insured when they needed medical attention but were underinsured resulting in bills to pay.

Any health care plan is better than none.  Why?  The key to a health plan is limiting your exposure and becoming eligible for the contracted rate that your carrier has negotiated with the providers.  No one wants to pay for auto insurance either, but we do because it limits our financial exposure in the event of an accident.  Health insurance is even more important and the same logic should apply.

The high cost of health care is limiting expenditures by many consumers on a daily basis.  Many Americans who face mounting medical bills have been forced to dig deep into their savings accounts and often have built large credit card debt to get through the crisis.  This is a very dangerous trend that will continue to have a long term negative affect on our nation’s economy.

Many nations have gone to Universal Health Care including England, Canada, Australia, Germany and others.  While this may or may not be a solution to the heath care crisis, we do need to focus on ways to improve the system and provide quality health care for our citizens.  The United States stands out among developed nations as the only country to report health care is being denied or inaccessible to such a significant percentage of our population.

Now that the gap between poor and moderate to middle income people is narrowing, maybe something will get done.  If we can fund wars and send aid to foreign nations, including many who vote against us in the United Nations, we can certainly find a way to provide affordable health care to the citizens of our nation.

Additional information on health plans in Maryland, Virginia, and Washington, DC can be found at www.mrinsuranceofmaryland.com or call 866-654-4844 for a free quote.

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