The insurance diary

Thursday, September 14, 2006

US fails to offer universal coverage !

The most recent studies across the US depicts a high proportion of the masses to have remained uninsured till date. The figures amount to some 42.6 million in the recent times. This has been the consequence of certain critical conditions which could have been eradicated cheaply through the initial stages. But they have turned into a grave concern for the masses of late by generating an acute health crises and demanding expensive healthcare services or ICU care.
Apart from South Africa, the US still remains the only representative of the developed nations, that fails to offer universal coverage to all the citizens. To add to this menace, medical inflation has come up as a big jolt. And as insurance rates rise, more and more employers will eventually be forced to either drop their insurance benefits altogether, or to raise premiums and deductibles.

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