Insurance Industry Reforms – Too Late?
Reforms which have worked wonders in the UK might be a tad too late for Americans for the health care system is one of the most hardly hit by the effects of the sub-prime lending market which has tumbled down. The Federal Reserve has been forced to issue interest rate reduction measures and a stimulus package from the White House has averted the crisis pulling down the economy but the health care industry has already reached a rut. People who are poor yet do not meet the minimum requirements to avail of free healthcare have to do without it. Those people who do earn enough still cannot afford the rising costs of health care in the many US states.