From the year 1996 -2000, it was reported that average premium for single coverage had gone up by 33.3% whereas it had gone up by 36.7% for family coverage; thus causing the public to be unhappy as this would mean they would have to spend more for healthcare.
Very recently, an article was written on the fact that physician fees has gone up 15 percent from 2003 to 2008. However, this research was solely based on Medicaid reimbursement findings.
There were surveys done to analyze the difference between employer healthcare subsidies against personal healthcare spending; which proved being subsidized helped in more ways especially for family healthcare. The article also highlights the point that due to the economic crisis, the government should monitor this increase as this may be a burden to the common people.
The article also highlighted the fact that the increase in these reimbursements were from primary care and obstetrics. It was reported that the fees for primary care had increased from 62% in 2003 to 66% in 2008, an increase of 4% in 5 years.
Healthcare should be affordable to the public and therefore measures should be taken to ensure that it remains affordable to the people. One of the ways to lower healthcare cost is to ensure that your employer pays fully or at least partially for you and your family’s healthcare cost.
Apart from that, it is important for each individual to try and get a insurance policy that works for them and their family, according to their affordability to pay the premiums. Besides that, one of the most efficient ways is to ensure that one takes care of themselves and refrain from doing something that may affect their health, for example, smoking.
Ledue, C (2009). Medicaid physician fees grew 15percent from 2003-2008. Healthcare finance news. Retrieved on 29th April 2009.
Stanton, M.W (2002). Reducing costs in the health care system: learning from what has been done. Healthcare Research and Quality, Issue 9. 1-11.