When it comes to rating the quality of the nation's healthcare system, the percentages are pretty alarming. The majority rates it as fair or poor. Only a small minority rates it excellent (4 percent) or very good (11 percent).
While the good news is that half of the survey respondents remain extremely or very satisfied with the quality of their own health care, even better news is our willingness to help find a cure for our ailing system. As I mentioned at the beginning of this column, I think it's pretty significant that:
-- An overwhelming majority says that providing high-quality health care (93 percent) and making health care more affordable (90 percent) are extremely or very important goals of health care reform.
-- 87 percent support tax incentives to help people purchase their own coverage.
-- Substantial majorities would support letting those without insurance buy into Medicare or buy the same insurance offered to government employees.
No matter what your personal feelings are about the current state (or future) of our health care system, there is little doubt that adequate insurance is an essential part of your overall financial health. If you don't have medical coverage through your employer or another group, consider your options right away. I suggest at least a low-cost, high-deductible policy to cover major expenses.
Don't risk the possibility that a major health issue or a medical emergency could derail your financial future. Make health insurance premiums a part of your budget. And make sure that saving for retirement and your other goals remain in that budget as well. With the right coverage, the right attitude and a little fortitude, I believe we can all manage to take care of both our physical and financial health until the goal of quality affordable health insurance for all Americans is achieved.
For more information on the Employee Benefits Research Institute and its 2008 Health Confidence Survey, go to: http://www.ebri.org/surveys/hcs/2008/.
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