Employment Based Insurance — Community Rating Insurance Vs Experience Rating Insurance

In the US, the rapid development of private health insurance was driven by the effectiveness and rising hospital and medical care cost. Hospitals as its purpose became places in which people came to get medication and to get well. But, not all patients are able to pay for hospital and medication care.

In European nations, we can see the different approach compare to US counterpart. Consumer driven development of health insurance in European is different with the quality health care providers in US who are seeking the firm income from patients. Hospital, doctors, medical persons and physician are controlling over the “Blues,” which is a major sector of health care industry. Controlling over it meaning a guaranteed the reimbursement would continue to be generous — cost control— would remain became steady as result. (more…)