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1950 | Most American receives their health coverage through the private insurance market, usually through their jobs. Many people buy insurance on their own in the individual market. Since coverage from private companies is the largest surge of insurance for Americans it is likely to be a central part of federal and state health reform efforts. Private health coverage is a mechanism for people to protect themselves from the potentially extreme financial costs of medical care if they become severely ill,
Patient’s Bill of Rights was debated in Congress. Which would have provided patients with an explicit list of rights concerning their health care? This initiative was essentially taking some of the ideas found in the Consumers’ Bill of Rights and applying it to the field of health care. The role of pharmaceutical companies in the developing world is a matter of some debate, ranging from those highlighting the aid provided to the developing world, to those critical of the use of the poorest in human clinical trials, often without adequate protections, particularly in states lacking a strong rule of law. In the U.S., prescriptions have increased over the past decade to 3.4 billion annually, a sixty-one percent increase. Retail sales of prescription drugs jumped 250 percent from $72 billion to $250 billion, while the average price of prescriptions has more than doubled from thirty dollars to sixty-eight dollars. | 2010 | Affordable Care Act was signed into law by President Obama. The law extends coverage for young adults. These young people can stay on a parent’s plan until they turn twenty-six years old. The new plans must offer free preventive services, such as mammograms and colonoscopies. This means they cannot charge you deductible, co-pay, or