Through tax credits, Bush proposes to increase health care coverage for around 8 million people; Kerry talks of extending coverage for around 27 million.
Critical illness insurance
Senator Kerry has also pledged to transfer a share of the cost of treating critical illness to federal government, aiming to reduce insurance premiums and critical illness coverage by an estimated 10%. So why is critical illness insurance so important?
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What is a critical illness?
If you or a loved one suffers a serious accident or illness this is termed critical illness. Life insurance will provide for your family if you die from this condition, but what will happen to them and you if you survive?
This is when you will need critical illness insurance, as most basis health insurance policies fall short in the face of such life-changing events. Private critical illness insurance and critical illness cover will continue to be a necessity for many Americans, whatever the results of the election.
What will you get with critical illness coverage?
If you suffer a critical illness and have taken out critical illness insurance, your critical illness coverage will help to pay for lost income, deductibles, co-pays, elective/experimental treatments, some drugs, specialists, housekeeping, childcare expenses, transportation, rehabilitation, home health care, home and/or vehicle modifications.
If you are want to be prepared for critical illness, you can find out more about critical illness coverage and find insurance quotes online. For more information about Bush and Kerry's health insurance proposals, you can also look online.
About the Author
Fran Walker is a freelance writer, editor and researcher specialising in educational, health, safety and domestic issues. Previously, she spent five years in marketing in the self-help, health and health and safety sectors before leaving to start a family. She now edits and writes content for the U.K. Health and Safety Executive. Fran graduated in 1993 with a degree in English Literature
