Why does health insurance cost so much?

Question

Most people I know are paying close to $570 a month just to have good health insurance and when it comes time to needing a special test such as a CT or MRI, it won't pay for it. You basically have to fight the insurance company to get them to pay anything? We pay just as much for health insurance as we do for a house note.

The country I am talking about is the USA

Actually I am talking about both. I know some people have good insurance through their jobs but most people I know still get quite a bit deducted from their paychecks just to pay for it.

I know this canadian couple who actually lives in the US but goes back to Canada just to go to the Dr because it is too expensive to get health insurance here. My family has good health insurance but it still puts a hole in the wallet

Thanks grandpa. I heard Canada was really nice but isn't it really cold there? LOL

Answer 1

First not many people take care of themselves properly.
So the system is overloaded. I work in a nursing home and it is nothing to see under 50 year olds admitted all for complete disregard for their health. Obesity and drug/alcohol abuse is the prime reason for this. Both are neglect of a person's health.
Second no one is controlling cost. It is profit greed in perfect form.
Lastly the responsibility of full payment is on the uninsured. who obviously are not financially well off or they would be able to afford insurance. So bill goes unpaid or takes a long time to pay off.

Answer 2

Health insurance is a scam. In the 1950s, before anybody had health insurance, everything cost about 10% of what it does today (inflation adjusted). A normal child birth was around $150, for all expenses, including doctor and hospital.

Answer 3

My sister lives in Belgium and her health insurance pays for her to go to a gym as prevenative. She only pays $50 a month and it covers everything. The taxes are kinda high but not enough to put you in a bind

Answer 4

Come to British Columbia We pay $ 43.00 a month hospital is free I have had2 angio plastys and one angiogram. My mother had an eye removed all no charge. If you have skills BC. is booming. the Olympics are comming. Coast Mountain Bus needs 600 bus drivers At $ 25.00 per hour plus benifits . help wanted signs all over Vancoiver.

Answer 5

One, because any government regulation is all about giving the health insurers and drug companies guaranteed, easy profits. And, number two, because we all get to pay for under-insured patients. Doctors use a variable rates database to assign billing amounts (they have to).

Answer 6

Ask Bush.Few years ago Hillary Clinton tryed to changed that but u can imagine what happened right?whatch the documentary Sicho by Michel Moore u will find it sad but very informative.By the way Canada England and France have free health insurance.

Answer 7

Because they have to do surgery, operations, computers, fileing and all kinds of stuff. They have to work very hard and then you got to recover. Then after that they fix it again. It depends on which kind of health insurance you are a member of.

Answer 8

Just think about this...Insurance companies need to be profitable, Hospotals need to be profitable and doctors need to make a tons of $$$..plus medical technology is pretty expensive itself.....so here goes your answer.

Answer 9

Are you talking about group plans through an employer or individual plans? Slightly different reasons.

Answer 10

because insurance companies are not about healthcare, they are about making money. Pretty sad isn't it?