on
Dec
28,
2022
01:11:PM
Are you paying your insurance monthly premiums without understanding the insurance benefits available to you? Are you suffocated by medical debt or the thought of going into medical debt? Do you struggle to understand insurance jargon? If any of these apply to you, you’re in the majority.
Approximately half of United States adults believe that their knowledge of health insurance is insufficient. To no fault of their own, the insurance companies that dictate much of the U.S. healthcare system are purposefully puzzling. In contrast with the U.S., 17 other countries have single-payer systems, where one entity (the government) takes charge of all healthcare funding and reimbursement.
In the U.S., many organizations insure, reimburse, and manage healthcare funds, including:
- Medicaid
- Medicare
- Private insurance
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