Chiropractic Care Just Got More Affordable with Competitive Health Insurance
No one should be worried about going bankrupt from medical bills. Unfortunately, many people have experienced this very tragedy. But recent changes to federal laws can help remedy this situation.
The Competitive Health Insurance Reform Act, which became law in January 2021, removes exemptions that health insurance companies have enjoyed since 1945. By leveling the health insurance playing field, this law will likely make insurance coverage for chiropractic care (and other health care) much more affordable.
How The New Law Affects Chiropractic Insurance
About 75 years ago, the McCarran-Ferguson Act was passed and became law. Essentially, what this law did was exempt health insurance companies from the federal antitrust laws that prevented other industries from price gouging, price fixing, and market allocation.
When different companies in an industry are allowed to discuss and agree to certain pricing in certain areas, they can put an unfair burden on the consumer by essentially controlling the entire market.
Experts think that, since health, dental, and vision insurance companies were exempt from this kind of regulation, their markets have become less competitive. This is why, experts believe, insurance premiums have skyrocketed.
This new law aims to level the playing field by removing those antitrust exemptions and allowing these insurance markets to become competitive again. Ultimately, this is designed to make health insurance more affordable for the consumer and to bring transparency to the industry.
Although most insurance companies already pay for most or all chiropractic care, the premiums should become more affordable. This will make chiropractic care more accessible to more Americans.
How The New Law Affects Chiropractic Insurance
About 75 years ago, the McCarran-Ferguson Act was passed and became law. Essentially, what this law did was exempt health insurance companies from the federal antitrust laws that prevented other industries from price gouging, price fixing, and market allocation.
When different companies in an industry are allowed to discuss and agree to certain pricing in certain areas, they can put an unfair burden on the consumer by essentially controlling the entire market.
Experts think that, since health, dental, and vision insurance companies were exempt from this kind of regulation, their markets have become less competitive. This is why, experts believe, insurance premiums have skyrocketed.
This new law aims to level the playing field by removing those antitrust exemptions and allowing these insurance markets to become competitive again. Ultimately, this is designed to make health insurance more affordable for the consumer and to bring transparency to the industry.
Although most insurance companies already pay for most or all chiropractic care, the premiums should become more affordable. This will make chiropractic care more accessible to more Americans.
Depending on the type of care that you may need, you may also wish to work with a facility that offers multiple care options. Chiropractic care can often be combined with other types of care to dramatically increase the effects of each. Massage therapy, physical rehabilitative therapy, and advanced treatment therapies may also be available at some clinics.
You may want to consider a facility that would allow you to be seen in more than one location if needed. If you reside in a remote location and tend to make such ventures in combination with other tasks, having more than one facility to choose from can be a big help. Consider working with a chiropractor that will offer flexible scheduling options that will allow you to maximize care.
Seek a chiropractor with whom you feel comfortable. The environment of the physicians and employees should be one that allows you to express your frustrations and desires for the process of healing. Look for a physician who is comfortable working with patients physically and with whom you can converse easily.
Seek a professional who is fully knowledgeable regarding the spine, joints, and the manner in which the musculoskeletal system works. You will want a provider on your side ready with a full knowledge base of what may be found in the body. Expediting care is much more easily done when one actually understands what is happening under the skin.
Give us a call or visit one of our offices today to experience the power of safe, non-invasive treatment.
More from my site
Posted in Chiropractic
About the Author
Dr. Brent Wells, D.C.
Dr. Brent Wells has been a trusted chiropractor since moving his family from Oregon to Alaska back in 1998 and founded Better Health Chiropractic & Physical Rehab – B.S. from Univ. of Nevada, Doctorate from Western States Chiropractic College, volunteer for Reflex Sympathetic Dystrophy Foundation, and member of the American Chiropractic Association. As a chiropractor his focus is on family, including his 3 children and wife of 20+ years, his clinics, and ongoing education.
NEWSLETTER SIGN-UP
If you are from Alaska, get Dr. Wells’ latest health advice and a free massage certificate. Sign up now!