Commercial insurers also charge on a fee-for-service plan but can offer lower premiums than BCBS because they use actuarial risk ratings. That is, they identify and insure only persons with low health risks or charge high-risk persons higher premiums (Weitz 330). Now that both BCBS and commercial insurers use this system, many persons with chronic illnesses are unable to obtain or keep coverage.
U.S. and Canada's Health Care Systems. (1969, December 31). In LotsofEssays.com. Retrieved 01:34, April 20, 2024, from https://www.lotsofessays.com/viewpaper/1681916.html
Lots of Essays. "U.S. and Canada's Health Care Systems." LotsofEssays.com. LotsofEssays.com, (December 31, 1969). Web. 20 Apr. 2024.
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