Healthcare Payer & Provider
Private health insurance generally provides covers to those who are either not covered in the public funded programs or are just partially covered. Most of the individuals, about 58 percent of the population of USA have private health insurance to take care of their needs of health coverage. In addition, there are certain public programs like Medicaid, Medicare and SCHIP (State Children's Health Insurance Program) which takes care of the health insurance of the eligible children, elderly citizens and families with low income.
The objective of Affordable Care Act or ObamaCare supporting health care is to enhance the healthcare coverage to the citizens of United States who are not insured or partially insured. Know what is included in Affordable Care Act or ObamaCare, choice of medical insurance plan in ObamaCare, Affordable Care Act or ObamaCare & employer employing less than 50 employees.
There are several reasons for increase in health insurance premium in USA like demand for better care, advanced and expensive radiological and lab investigations, over treatment of symptoms, increased life expectancy, hospital liability etc.