Insurance Companies Influence Health Care

A hospital that would have held out for higher.

Insurance companies influence health care. Insurance company executives had no interest in entering the health care field. Nowadays insurance companies are increasingly becoming active at influencing the health and safety policies of the company to which they provide insurance. Why is business insurance needed. Health insurance companies employ over a half a million workers.

But they reluctantly agreed to go along with the ama plan in order to help physicians defeat nationalized medicine. For most americans their annual share of this administrative cost exceeds the amount of actual health care they use in a typical year. That s one worker for every two doctors. Health insurance companies affect patient care indirectly by driving what tests medications and procedures doctors can use to diagnose and treat patients and even which patients doctors can care for.

Similar to individuals and private households businesses rely upon insurance to cover them in the event of an incident which would otherwise cause significant financial loss to them if they had to repair or replace items. The administrative cost of managing our system of health care payments alne is almost 1 000 per american household. However the details of these decisions vary greatly based on what type of insurance you have if any and whether your doctor or a hospital takes it.