Health Insurance Blog | Please Comment On Health Insurance Issues

At the center of Obama’s presidential campaign was the issue of health care reform. Promising to not only eliminate the millions of Americans without health insurance, he also vowed that through better technology, preventative care, and government regulation, he would reduce the cost of the average family’s policy by $2,500 a year. That figure came from an unpaid Harvard student who did a little fuzzy math and calculated that by reducing administrative costs through better paperwork processing and improved technology, as well as using preventative medicine to reduce the incidents of major illness and chronic disease, that you could generate $200 billion in savings over a year’s time. The problem is, when you think about these claims, they will be difficult to achieve. Government intervention rarely results in less paperwork, and increased government involvement in the insurance industry will likely lead to a great deal more administrative work, not less. Also, the claim regarding preventative care is contingent on people actually taking advantage of this and making smarter choices for their health. That, as our fast food nation is painfully aware, is a tall order. How, then, will Obama be able to deliver on his promise?