Looking at the problems that government and fix budget health care system have but on the flip side is private insurance coverage. Private insurance has been around since revolution times but didn’t gain acceptance until 1900. The need for health insurance arose in the 1920’s, powered by increasing costs of hospital care. The costs that drove up medical bills for patients in the 1920’s was the need of investments in facilities, equipment, and physician training, and at the same time, hospitals began to explore different funding sources. It appears to be the same problems back then as it is now. Truth be told private insurance is no better than the previous mention health care systems. It is plagued with increase cost of insurance plans with
