Daily News Updates - Health Insurance News

Scaled-Back Health Insurance in Nevada, Pt.5 --  A new strategy.

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Another individual health insurer is also in the game. America's Health Insurance Plans has done some research and seeks to “dispel some myths”. They state that “many consumers believe individual coverage is far too expensive to afford.” They have provided some figures that give an average of $217.75 per month in premium costs, which equates to $2,613 per year. Another myth is that “insurers apply conditions that make individual coverage tough to obtain.” They also dispel that by saying that only 10% are turned down, the rest succeed in acquiring individual health insurance plans.

America's Health Insurance Plans’ spokesperson Mohit Ghose would like to see a certain reform enacted. Believing that this would greatly help individual plan sales, he promotes giving the same tax breaks to owners of individual plans that are now given to both businesses and enrollees for employer-based health insurance. He states "The system treats the employed person better than it does the individual who seeks out coverage on their own." No incentive is awarded to those who must go out on their own to insure both themselves and their families. Only those who are lucky enough to fall in to ready-made options at their workplace. With the benefit of a tax break, more people would be encouraged to buy health insurance. Such is a current trend in America. Perhaps the current downward trend will abate if more of the employee-based providers start restructuring their plans to be more economical, without giving up needed medical coverage. If not, this new aggressive market may have a brighter future.