STATE RUN HEALTH INSURANCE REGULATION

Health and Safety Regulations

In 1993, the United States’ president at that time, Bill Clinton, initiated the bill of universal cover, but this also died down.

The regulations governing Medicare was made extensive in 1973 to include the medical needs of those under the ages of sixty-five, but with serious disabilities requiring serious medical attention. In 1988, Congress again made this scheme extensive to cover prescription medications.

This practice was kept alive and regulated by the 1985 Consolidated Omnibus Budget Reconciliation Act. This basically took care of the medical needs of those who were dependent on an insurance scheme or employees who were no longer working.

1996 saw the introduction of the Health Insurance Portability Act and this act was meant to take care of the health insurance needs of a workman who was no longer working, but who was in a process of getting hooked to another employment. An example of this is the Oregon Health Plan.

In 1996, the Mental Health Parity Act was passed and this act acknowledged the awareness and frequency of psychological illnesses and it compelled every employee with fifty or more employees to provide health insurance to take care of psychological illnesses as any other health insurance scheme will do for conditions with physical illnesses. Yet still, employers were able to get of out of this by totally carrying on the burden health insurance to their employees and leaving the employees to take care of this in person.

Health Insurance Regulations in California

In California, insurance is defined as an agreement under which the insurer agrees to take care of the loss or injury suffered by the insured as a result of some unknown cause. Any fraud on insurance is considered a very serious criminal offence in California.

What is being done is that a scheme is being advocated in which the insured will have the option of taking care of his or her own health insurance needs.