Houston, Texas (PressExposure) January 26, 2007 -- It's no secret that the rising cost of health insurance is frustrating the American consumer. This fact alone is leaving 45 million Americans uninsured. But what few people know is that there is more than one way to cover your medical expenses. HealthShare America is a co-op healthcare company that serves as an alternative to traditional health insurance with real and comprehensive benefits.
Most of us are familiar with traditional health insurance and we even heard of discount programs but only a small few of us are aware of co-op healthcare. Co-op healthcare is not insurance nor a new concept; in fact it's the original premise behind traditional health insurance. All fees are collected and held in a health pool and claims are paid from the pool. Over time this basic premise has been overshadowed by heavy-handed underwriting, limitations, exclusions and claim denials. Not to mention the regulatory authorities over the insurance industry.
For years chambers of commerce, small businesses, families and groups of all sizes have been searching for ways to help with the rising cost of healthcare. Individuals typically can't afford traditional health insurance because of costs or pre-existing conditions. Small businesses can't afford to carry the financial burden of high rates while chambers of commerce have tried for years to work with traditional health insurance companies through coalitions but inevitably fall apart due to "grouping" qualifications.
Mike Bianchi, Founder of HealthShare America, said "What you can expect from HealthShare America is a 20-50% less expensive rate over traditional health insurance with no deductibles while dental, vision and chiropractic are included in every plan."
The plans work great for chambers of commerce, individuals and small to midsize businesses because of less expensive rates, comprehensive benefits (including major medical), and no grouping. When asked how is all of this possible without breaking the bank? The company's founder said "There are a few safeguards in place to insure the continued growth of the health pool. One of which is that new subscribers have to become vested in our program. What that means is your benefits are reduced in the beginning then grows every few months until fully vested after 3 years."
Mike Bianchi also advises; "We are not for everyone, if you work for a large company with excellent benefits and you can afford the rates, by all means, stay with them but if you need better rates and a larger array of benefits give us a try."