Blue Shield Health Insurance Essay

The Blue click and Blue entertain Association (BCBSA) serves independent local Blue bobble and Blue Shield companies as its trade association. The BCBSA is one of the nations oldest and biggest health benefits company, widely recognized in the health restitution industry, given its 800 strong employee strength, across 39 companies in Chicago and Washington D. C. BCBSA companies together c everywhere intimately 98 million people or ab knocked out(p) every one in three Americans. The cook and spread of the BCBSA is re anyy immense covering all 50 states and the District of Columbia, in contract with over 90% of the hospitals and 80% of physicians.The products serviced by BCBSA covers one-on-ones to small and large employers, ensuring coverage to all citizens. Through its several uncommon and modernistic schemes, Blue Cross and Blue Shield Association tries to bring healthcargon policy to all people providing hope and security to everyone. The Blue Cross and Blue Shield Associa tion is an indemnity policy supplier covering health attending for more than 98 millions, nearly one in three Americans. Health dread insurance is a must for everyone.It is necessary to keep the economy going and growing because once the people be covered under almost healthcare insurance, their medical needs are adequately taken care of, which makes their productivity go up because better health obviously results in better work performance. If the creation of insurance were not Blue Cross and Blue Shield 3 there, then every individual would contribute had to save a huge amount of money as reserve to cover some unforeseen or unexpected calamities. Healthcare is one aspect which can never be compromised.With the raise medical expenses, people without a healthcare insurance can just not afford to benefit proper preventive and healthful treatment. With the cost of medical services growing by leaps and bounds, healthcare insurance is imperative for one and all. Healthcare in surance company also stands to benefit because when they are likely to even out more in claims than what they get in premiums, a hike in the premium is anticipated. Under the employer-sponsored healthcare insurance, the employer spends roughly five times more than what the employee contributes.But the increasing medical costs view a great impact on the employers who have to pay out huge sums as premiums for their employees. From 1998 to 2003, there was a national increase of 42% in individual premiums after adjustments made with regard to inflation. With the increase in medical costs, employees are forced to contribute a sizable amount towards their coverage, so they opt to breathe away from the job-based health insurance plans. The employers depend more on part-time and contract workers who are oftentimes not eligible for coverage.So fewer people access employer-paid healthcare insurance. The job instability to a fault contributes in the steady increase of the image of uninsu red people. And then there are some firms, which do not provide health insurance to their employees. With the shooting medical expenses, it is difficult for people to go for healthcare coverage, as the premiums are high. This leaves them uninsured, which again has drastic effects affecting Blue Cross and Blue Shield 4 both the people and the company.So, healthcare insurance has now dumbfound something that people can neither do with nor do without it. To combat this scenario, Blue Cross and Blue Shield Association brings various bracing schemes taking into consideration the needs of every individual. With no insurance and with the exorbitant 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 expected to pay up-front for the medica l services and so they draw out medical care except when it is life threatening. This also affects the government because it has to cater to the medical needs of the uninsured, which has a terrible impact on the economy because the expenses of the emergency 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 deciding factor when people seek 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 increased insurance premiums, the number of uninsured people is on the high. Furthermore, insurances have too many exclusions like certain drugs not being covered, certain Blue Cross and Blue Shield 5procedures not being covered and the like, which again discoura ges people from being insured, which is noxious to the citizens as well as the country at large. Even with insurance, the prospects of the people losing their jobs and thereby their insurances is there. There unimpeachably 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 president and CEO Scott P Serota testifies this With much(prenominal) divergent 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 issue that needs to transcend politics and partisanship, and that is why we worked together to give recounting a starting point that we can all support. The 2005 data shows that one in seven American was uninsured thus depriving them of basic healthcare. The Institute of Medicine has that approximately 18,000 die every year of diseases that could have either been treated or prevented had they had health coverage. Lack of insurance prevents people leading a whole tone life, and it also brings down their productivity because of their recurrent ailments.The first annual National Walk Lunch daylight 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 usher in better health. irrelevant the usual health insurance companies, Blue cross and Blues Shield Association design innovative schemes to match the diversified requirement of the market. It does a Blue Cross Blue shield 6 agglomerate of activity to keep the competition at bay. Even though profit making is the main accusative in any organization, Blue cross and Blues Shield Association takes care that it does not become the sole objective. A paradigm shift in this regard is obvious by the mere mankind of CareFirst, the non profit health care com pany 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 maximum people under the healthcare insurance cover. REFERENCES www. nchc. org www. bcbs. com www. money. cnn. com