Many Young Adults Are Being Forced To Live Without Health Insurance

Health insurance is an important aspect of life and live without it can put not only their financial stability, but their life in danger. Many young people who are aging into the adult population are forced to live without health insurance. Health insurance premiums have proved too costly for those who are leaving school and preparing for career off the ground.

The current job market is difficult to succeed in even with a degree from a good university and this means many graduates have to settle for jobs that may or may not even be in their field. And with the rising cost of health care costs more employers are dropping health insurance as a benefit of employment very simply because they just can no longer afford to help employees pay their premiums.

The little bit extra which employees might be making is little consolation when it comes to helping them pay for medical insurance. On average most employers will only raise an employee's salary by a few dollars an hour if they do not provide health insurance benefits and this still isn't anywhere close to the amount that they will wind up paying to insure themselves and their families through a private pay insurance policy.

The problem clearly lies in the high cost of health insurance premiums which is directly proportionate to the high cost of medical care itself and that is directly proportionate to the high cost of malpractice insurance which is directly proportionate to the number of medical professionals, drug companies, and government agencies that face law suits brought forth by individuals who have been harmed or injured by the medical community. Now perhaps this seems like a lot of variables but when you pull out the middle you are left with the fact that the high cost of health insurance is caused by medical malpractice.

With all that information one must wonder if the medical profession is helping or hurting their cause. After all, if the problems of medical malpractice were not as prevalent then there would be fewer lawsuits and require less medical malpractice insurance and the cost of health care would be reduced. Many doctors see it as being caused by lawyers and the fact that people expected to be miracle workers, none of them are actually not that far off base either. No matter who is to blame for the cycle must be broken if we are going to see the health insurance premiums fall again.