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Posts Tagged ‘health care costs’

What Health Care Reform Means for California

Thursday, July 8th, 2010

california-theaterCalifornia has one of the highest rates of uninsured citizens in the country with more than 6.4 million people currently without health insurance coverage. That said, it stands to reason that any additional coverage at the federal level is a huge plus for not only the California government but for the residents as well.

Positive effects of health care reform in California

When it comes to California, the federal overhaul would help those who can afford health insurance but are currently unable to get it. It will assist those who aren’t able to obtain coverage by providing them with a means to acquire health care benefits. Additionally, the bill will also go a long way in tackling the desire to provide Californians with the preventative means to uncover unhealthy conditions in the early stages, where they can be addressed promptly, and thus help everyone get more affordable California health insurance. There is a downside of this bill, however; read below to learn what it is.

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How Much is Your Health Worth?

Wednesday, October 29th, 2008

What is the Value of Your Health?

Many of us rarely ponder what our health and life are worth. It’s often assumed that life is priceless, but that doesn’t do justice to the stratospherically rising health care and insurance costs; in fact health bills are now the leading cause of bankruptcy.

One common way to calculate the value of our life is to use the same equation used by many health care providers. That cost was once $50,000 per year of quality life, according to the international standard for government-run health insurance plans across the globe. This number has been disputed by economists at Stanford and they were able to calculate that a year of quality life is actually $129,000! That is a lot of money for a year of life, but of course: life is priceless!

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