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What do you need to know about Minnesota health insurance? Read on to learn some things that may just help you find the best Minnesota health insurance plan.

Minnesota, the twelfth largest state in the United States of America, has over five million residents. Of those five million people, over 375,000 live in Minneapolis, which is Minnesota’s largest city. Whether it is despite the population or because of it, Minnesota boasts quality health care with insurance costs that are far below the national average.

While the state health system is reminiscent to a single payer system, President Barack Obama recently suggested using their system as a possible role model for his new national health care reform.

The Impact of the Minnesota Health Act on Minneapolis Health Insurance

If the Minnesota Health Act, which is supported by the Minnesota Universal Health Care Coalition, goes into effect, every Minnesotan will receive insurance, regardless of their income. Premiums and fees would be based on a person’s income level and insurance would be paid out of group funds. The decreased health care costs would come from reducing a variety of bureaucratic waste and by increasing efficiency and focusing on preventive care and early intervention. Not only would the general public benefit from the plan, but so would doctors and hospitals because the plan also calls for them to get paid sufficiently and timely.

With the new Minnesota Health Act, all health care would be covered. This includes dental, medical equipment, home care, long term care, and pharmaceuticals. Services for special treatment such as substance abuse and mental health would also be covered.

Residents would have the freedom to choose any provider they wanted and doctors and hospitals would be conveniently located so that everyone would be able to receive medical attention when it was needed. Currently, Minnesota has strong medical leadership in education, training, research, and technology and that program would continue on under the new plan.

Minneapolis Health Insurance as a Single Payer Health Care System

A single payer health care system, also referred to as universal health care, is when all medical fees are paid into one system, and that system is then responsible for paying for health care services rendered. Our current Medicare system is partially set up this same way. Mad as Hell Doctors is a group of physicians, current and retired, who are promoting a single payer health care system.

In September of 2009, the Mad as Hell Doctors held two of their 26 rallies in Minnesota. The group chose to meet in Minnesota because of Minnesota’s focus on the single-payer system. If their statewide plan passes, they would be the groundbreaking first state to implement universal health care. The big debate that has many states and citizens debating this form of health care insurance is over who is going to fund the program. Supporters of the single-payer health care system are confident that only 20% of what gets consumed unnecessarily by today’s insurance industry would be sufficient to cover the costs for everyone.

President Barack Obama Discusses Health Reform for Minneapolis Health Insurance

A rally took place on September 12, 2009, in Minneapolis, Minnesota where President Barack Obama gave a speech on health insurance reform that stressed the urgent need for a call to action. While wealthy people have access to affordable insurance and low income people are covered by Medicaid, millions of middle class citizens do not have any insurance because they simply can’t afford it or they simply choose to go without coverage (a very risky bet!).

Millions of others do not have insurance because they are denied coverage due to pre-existing conditions and lack of responsibility on their part (by not purchasing the health insurance coverage that they needed before they developed a serious illness). Lack of health insurance is responsible for 45,000 deaths in our country last year and the Treasury Department is predicting a staggering drop of 50% of health insurance coverage over the next decade for people under the age of 65.

If you need to find coverage, try using a free quote tool like the one at the top of the page. These will give you rate quotes from a number of providers at one. This means you can see the range of costs and compare the benefits offered by each company. Until a universal plan exists, experts say having good coverage is essential to the long term health of people of every age.

The new health reform plan will take a few years to implement once it is in passed, but relief will come quickly, especially to people with pre-existing conditions who are currently unable to obtain health insurance. They will be given some coverage in the interim at a low cost. The plan will basically add options for people who to choose to exercise them.

If you are happy with your current plan then the changes will not apply to you. However, if you are struggling to maintain premiums, unable to afford coverage, or denied coverage, you will find affordable choices through the new planned insurance exchange, which will be made up of private health insurance companies as well as public options.

If people are still unable to purchase Minneapolis health insurance, they will receive tax credits to help fund coverage. Since the insurance exchange will be acting as one big group, prices will become more competitive and there will be more choices. Senior citizens have not been excluded from the plan, as they will receive financial aid to help with the coverage gap for prescription drugs.

President Barack Obama’s health reform plan also depends on making it illegal for insurance companies to deny pre-existing conditions as well as making it illegal to reduce benefits or drop coverage due to an illness. Arbitrary caps will also be disallowed and out-of-pocket expenses will be limited. Insurance companies will also be responsible for paying for wellness checks and preventive care.

Funding for the plan will not come from government sources. Instead, an independent commission comprised of doctors and medical authorities will help identify waste and use education programs to reduce costs by improving quality care, such as reducing the rate of infections. Doctors will also be encouraged to intermingle to eliminate unnecessary steps such as redundant tests simply by sharing the results.

Processing medical paperwork costs a doctor an average of $85,000 per year, which does not include all of the others dollars spent by other departments who then handle the paperwork. Pharmaceutical companies spend on average over $70 billion for marketing their drugs, but only $23 billion get applied to research and development. The money that will be saved by unnecessary waste and fraud will be used to fund the health care reform program.

While there are many Minneapolis residents opposed to any type of universial health care system because they do not trust the government to be able to provide the quality of health care that America is known for in the current private insurance landscape there are many who say that there are many other ways to reform health care.

Compare Minneapolis Health Insurance Quotes!

Regardless of what you think is the best solution for reforming Minnesota health insurance it is always smart to be an informed insurance shopper. The great thing about the current system is that there are many choices out there and if you are responsible and purchase a Minneapolis health insurance plan before you develop a serious illness then you can likely find a very cheap Minneapolis health insurance plan. Get started comparing Minneapolis health insurance quotes today!

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