The Citizens’ Council for Health Freedom is voicing concern and criticism for proposed changes to stop-loss models of health insurance that small businesses can use to provide employee coverage. Rather than pay premiums to a health insurance company, many businesses instead use a self-insurance model, creating a fund to pay for minor and non-catastrophic employee health services and reserving actual insurance claims for major medical issues that exceed $20,000 – the current NAIC threshold that claims must meet before stop-loss insurance kicks in.
Consumer-Driven Health Care
Do conservative organizations all sing the same health care tune? No, writes John Goodman at the National Center for Policy Analysis. In fact, I'd argue that sometime they are singing in complete dissonance.
Health Care Sharing Ministries are exempt from the Obamacare individual insurance mandate. More than 100,000 Americans have found an alternative to health insurance in what used to be called medical sharing groups and is now called health care sharing ministries. They have been available for decades, but they are virtually unknown. If you haven’t heard of them before now, you are not alone.
If the U.S. Senate version of health insurance reform passes and premium costs increase as predicted by the Congressional Budget Office, medical sharing may be one of the only ways for Americans to get affordable coverage," says Twila Brase, president of CCHC
Compare the three Healthcare Sharing Programs side-by-side: Samaritan Ministries, Medi-Share and Christian Healthcare Ministries.
Consumer Driven Health Care: Public Sector Opportunities", generated a broad array of interested parties. The more than 100 people in attendance represented employers, clinics, hospitals, physicians, health insurers, insurance agents, employee benefits consultants, state officials, union leaders, members of the general public and two legislators involved in health policy (Sen. Becky Lourey (D-Kendrick) and Rep. Tim Wilkin (R-Eagan).
One page diagram showing the expensive bureaucracy of government, the limited access of captured HMO patients and the freedom available through fee-for-service payments to doctors and hospitals.
Medical Savings Accounts (MSAs) are either tax-free or post-tax accounts which receive deposits of funds from employers or individuals that are used to pay for medical expenses. The MSA is attached to a high deductible insurance policy that is chosen by the individual. MSAs are little known because of political opposition, the desire of Congress to force the pooling of all health care dollars into HMOs, and a 1996 law enacting limited and restrictive MSA regulations which discourage marketing by insurers.
In a powerful act of courage that opposes conventional practice, Xerox officials have proposed putting employees in charge of their own health insurance within seven years. Xerox plans to give at least $5000 to each of their 50,000 employees so they can purchase a portable customized insurance policy. A portion of the money must be used for insurance, and would therefore be tax-exempt, but the remainder would be taxable cash compensation.