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PatientAssistance.com Proposes a HOLI Solution to American Healthcare Reform
Date:6/30/2009

Patient Assistance (www.PatientAssistance.com), a nonprofit organization connecting uninsured and underinsured Americans to patient assistance programs, proposes an insured approach to real healthcare reform.

BATON ROUGE, La., June 30 /PRNewswire-USNewswire/ -- PatientAssistance.com -- a nonprofit helping patients in need find patient assistance programs to make prescription medications more affordable --understands the concerns of the uninsured and underinsured in the current healthcare system and proposes a new approach to healthcare reform. The organization suggests Health plan Owned Life Insurance (HOLI) on top of improving healthcare efficiency standards to address the nation's growing healthcare costs. The plan would give health plan providers an incentive to lower up-front costs to patients with cost recovery Life Insurance proceeds and decreasing the risk for employers, government and insurance companies.

"Every citizen requires a lifetime of healthcare," says Rex Bowden, President of PatienceAssistance.com, Inc. "Therefore healthcare costs accumulate over the years for every single person--costs that are not recovered and we don't directly pay for. Efficiency is a good place to start. By cutting waste, we can slow costs. But those cost-cutting measures won't entirely stop or slow the rising costs of healthcare. The bigger problem is that healthcare reform options being presented don't incorporate truly new sources of revenue streams. Making healthcare affordable for everyone is only one side of the equation. To make reform sustainable, we must factor in new revenue sources to make these solutions viable in the long run."

Patient Assistance supports plans to make the U.S. healthcare system more efficient--cutting waste such as eliminating duplication, moving to electr
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SOURCE PatientAssistance.com, Inc.
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