Lost Economic Capacity – Bad Health Care
As an employee looses his job, he most surely looses his ability to avail of proper/ample health care form his employer’s benefits. Though he can choose to keep his previous insurance with the same firm, he may have to shell out a lot more for the volume the office offers is non existent.Many argue that self-sustained health insurance is better than either government sponsored care but it does have a lot of differences, advantages and disadvantages. Mostly short-term insurance that is effective for a few months, it may not serve any purpose with regards to major medical needs due to caps placed on them, unlike private health care which tends to be better and more affordable for the employer has to shoulder part of the policy that is obtained.
The millions of jobless Americans are overwhelming the system with regards to capacity but reform is on the way with the inauguration of President Obama on the 20th of the month. he has promised to revamp the health care system to make it more affordable and accessible to most people, eliminating the gap that exists between the two where uninsured exist. Becoming jobless after long years of working is indeed depressing, but with a decaying health care system it only gets worse.