Health insurance is taken by people because they expect the health care costs to rise significantly in future which might become out of reach for them. They expect that health insurance will cover them for the most likely and emergency medical expenses without overburdening their pockets. But, with increasing costs of the medical health care, the insurance companies are themselves hiking their premiums. This makes one wonder whether the insurance itself will become expensive enough to be availed of. Or, will the authorities take steps for providing the affordable health insurance?
The insurance reforms are on the anvil. These are long overdue since the system has become accustomed to playing the way insurance companies want. Do the benefits of the insurance policies reach where they are require the most? Actually, it is the people with some disease or health condition, or the people in their old age, or the people in the risky occupations who require the health insurance more than any other person. And, ironically, these very people were denied the insurance benefits till the Supreme Court held that such an action on the part of a public company was arbitrary, illegal and unconstitutional. So, now the insurance companies cannot refuse insurance on grounds of past medical history but even in those situations, the companies raise the insurance premiums exorbitantly. This makes affordable health insurance a pipe dream for many.
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