Obama's Health Insurance Vision is Available

During Obama / McCain Town Hall debate health insurance is a big problem. Barak Obama has stated that no family should go bankrupt based on a catastrophic illness and spend there time fighting with insurance companies while they are trying to cope with the disease.

This goal can be achieved today for more than 70% of the American labor force with a simple change in insurance coverage. Companies that currently offer blanket medical coverage offer the following
Rules:

Health Insurance
Group Life Insurance
Shot term disability
Long Term Disability
Dental
Vision
401k

employee who is provided with these types of benefits are considered to be fully insured and covered. Based on the Harvard bankruptcy study any disease spouse would cause such a financial strain on families to send in bankruptcy within weeks.

The solution is simply to align the money spent on insurance to protect employee benefits through supplemental insurance. Using the same dollar amount of the insurance package may be reallocated as follows:

Health Insurance
Group Life Insurance
Short-term disability
Long Term Disability
Supplemental security income
401k

Using this model of replacing the dental and vision insurance with supplemental income protection employee is now financially ready to face a catastrophic illness. Employers do not spend extra money to implement these plans such as employee contribution plans and the employer saves on Pay roll Taxes.

payroll deduction Companies can get used to defray the costs of supplying health insurance for employees. Realigning these costs will increase health care coverage and protect individuals from financial disaster on Catastrophic illness for yourself, spouse or children.