Group Insurance

Addendum To private Insurance

I did say that there is meat for everyone

in my proposed Health Care System for the US.

I am referring mostly to the private insurance companies

that may be disowned by ther State/Federal controlled

Health care. Insurance.

Business companies may secure group insurance coverage

for their employees.

These group insurance companies may function  like

Blue Cross or Blue Shield only

and will cover 20% of the costs for prescription drugs.

They will also cover the costs for dentures, eyeglasses,

wheelchairs, ambulances, and other

costs not covered by State Insurance.

Call these extra expenses as Health Solutions.

ALSO, whenever and whatever cost overruns are incurred by the

State insurance systems they can bill the

Federal Health to cover these.

Call these overrun bailouts as Transfer Payments

and should represent what is now a subsidized,

socialized payments.

These payments do reduce drastically  the costs

for each and every member.

It should be understood that the system I proposed

is essentially a system wherein

TODAY’S  HEALTHY  PEOPLE  PAY  FOR  THE

HEALTH  COSTS  OF  TODAY’S SICK  PEOPLE.

The State/Federal Health Care Insurance membership is compulsory

and every qualified employee will contribute

1/3 of the required amount via salary deductions,

2/3 will be contributed by the employers.

These contributions are tax deductible

for both employees and employers.

The State may modify the system.

Such modifications will constitute part of the pilot

project of the Federal Health System

and will be scrutinized after two years.

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