Top 10 Health Insurance Books [Updated 2021]
Below is the list of the top 10 Health Insurance Books that you must read in the year 2021.
- The Company That Solved Health Care ( Get this book )
- Health Insurance ( Get this book )
- Get What’s Yours for Medicare ( Get this book )
- America’s Bitter Pill ( Get this book )
- Living Abled and Healthy ( Get this book )
- Healthcare Disrupted ( Get this book )
- Where Does It Hurt? ( Get this book )
- Facilitating Financial Health ( Get this book )
- Healthcare Fraud: Auditing and Detection Guide ( Get this book )
- The Complete Guide to Veterans’ Benefits ( Get this book )
Let us discuss each of the Health Insurance books in detail, along with its key takeaways and reviews.
#1 – The Company That Solved Health Care
by Jr. John Torinus
This book explains how a US-based company named Serigraph was having a growth rate of 15% on its annual health care bill every year. These cost escalations were in danger of bankrupting the company. For the purpose of significantly lowering such costs, the leaders were required to take a radical approach. This book offers effective, and costs control solutions for modern business leaders.
As an approach towards turnaround management, Serigraph focussed its strategies on the following 3 areas:
- Consumer Responsibility
- Primary Care
- Centres of Value
In combination with other management methods, these tactics slashed costs while improving the quality of employee care. In numerical terms, the average cost dropped to 2.8%, which was even below the national average. Hence, the following learnings can be inferred:
- Adopting a consumer-driven plan so that employees can take control of their health care
- Ensuring Transparency of prices
- Guiding employees through price complications and lead them to value addition benefits
- Emphasize usage of primary care to prevent individuals from expensive hospitals
- Complete mastery of consumer protection laws to remedy medical overbilling
- Maximize benefits from the company’s health care plans
#2 – Health Insurance
by Michael A. Morrisey
The focus of Health Insurance in the US is to look from the outside and explain the role and benefits offered. Michael Morrisey, who is also an established health economist, offers a robust but intuitive examination of the issues confronted by insurance companies and how the market and the government have addressed such issues in the past. The emphasis is on understanding the underlying problems from the perspective of economics and the application of the empirical literature for providing insight into the impact and effectiveness of the solutions.
Some of the critical topics covered through this health insurance book are:
- The widespread impact of the 2008 recession on insurance coverage
- Health savings account and consumer-directed health plans
- The predictive power of Risk adjustment
- Moral Hazards associated
- Role of employer-sponsored health insurance and how maximum effectiveness can be extracted
- Offering a basis for understanding and predicting the effects of the Patient Protection and Affordable Care Act (ACA).
The text is very thorough and written in a logical and systematic manner. The contents have no political biases and clearly outlines how the ACA has transformed and what are the expectations set apart. It is recommended for readers at various stages of their careers.<< Get this book >>
#3 – Get What’s Yours for Medicare
by Philip Moeller
In the U.S., social security offers the bulk of most retiree’s income, and Medicare guarantees them affordable health insurance. However, not all of them are aware of the minute details which are offered by the insurance cover. They would not be aware of which parts of Medicare are offered by the government and how they can function with private insurance plans such as Medicare Supplement insurance, Medicare advantage.
Since health costs are the largest unknown expense for aging Americans above the age group of 65, complete understanding and navigation of Medicare is the best way to save Health care Dollars and ensure its effective usage. The healthcare system of the US, which is rather bizarre, is one of the biggest causes of bankruptcy in the country, and it is not simplified by a resident turning 65 years old. One requires having a complete understanding of the functioning and also pitfalls and misconceptions associated. This book is an attempt to cover the same.
The endnotes are highly commended and include deep links to the specific webpage or information is available. Relevant statistics are also accompanied.<< Get this book >>
#4 – America’s Bitter Pill
by Steven Brill
This is one of the most acclaimed releases on how the Affordable Care Act, also known as Obamacare, was created, implemented, and evolving over a period of time. The highlight has been around on how it’s failed to change and creating havoc in the healthcare industry.
The author has laid emphasis on the history of Obamacare and has clearly specified that the root of the US health problem is political. The expenses for the government are ballooning, making the enactment a cumbersome process and the U.S. a system that has many profound problems.
The first part of this health insurance book states how with a Democratic majority in both houses, the lobbyists with special interests such as drug companies, insurers, hospitals, device makers, patients were able to force those in favor of reform to water down proposals and turn such laws in their favor. It will highlight the connection between the power structure and economics prevailing in the country. The major shortages of communication and difference of opinion have been highlighted in this book.
The latter section intersperses the political narrative with stories of individuals who ran into financial catastrophe through illness and what various institutions (hospitals) did to bring these individuals to bankruptcy. The narrative of the failed launch of the Obamacare website is eye-opening and how it had a cascading effect throughout. The author states that it is very difficult now for the healthcare system to be built from the ground in a way that could minimize costs and maximize effectiveness.<< Get this book >>
#5 – Living Abled and Healthy
by Christopher R. Brigham-MD & Henry Bennett
This health insurance book offers readers some guidance for the most difficult times of our lives – when individuals or loved ones are ill or injured, and efforts are being taken to recover as completely as possible. It offers insights, knowledge, and resources for dealing with challenging Medical, Legal, Insurance disability, and financial issues. Tackling through the medical and legal system may not be easy, and the answers might not be clear. This book, in conjunction with the web-based tools, offers relevant knowledge and resources which are required.
The author is highlighting to the readers a complete understanding of health care education in a simple language. There are essential sections pertaining to injuries sustained at work and car accidents, inclusive of the information on alternate care providers and insurance. One should identify the incomplete or damaged incentives, which can lead to catastrophic and down sliding outcomes encountered for the larger workforce.
All the practical aspects are attempted to be covered and are considered to be a definite read for someone who is ailing and will be returning to work after such a difficult phase.<< Get this book >>
#6 – Healthcare Disrupted
by Jeff Elton & Anne O’Riordan
This book is an in-depth look at the disruptive forces driving the change in the healthcare industry and offering further guidance for defining new operating and business models in response to such changes. A critical overview is made to explain how the global healthcare trends are challenging the inherent strategies of the business models, which examines why leaders of the industry must evolve for staying in line with dynamic standards and new entrants.
Post conducting successful primary research, the authors, who are also healthcare experts, provide an informed view of the industry and new emerging business models essential for life science, which in turn plays a larger role in creating greater value for overall healthcare.
It gives an insight to the senior leaders and executives from a variety of industries such as pharmaceutical, medical device and diagnostics, health service, and digital technology companies to take a pause for considering the changing surroundings. It further demonstrates how existing data from Electronic Medical records or digital media is combining with technology and advanced analytics to fundamentally change how and where healthcare is delivered, bridging to the health of the populations and broadening the responsibilities for both.
This further helps in realizing how the delivery of healthcare facilities can significantly improve patient expectations and the value added, which is offered by the health system.<< Get this book >>
#7 – Where Does It Hurt?
by Jonathan Bush & Stephen Baker
Through this health insurance book, the authors have made a valiant effort to untie various knots in the healthcare system of the US. Jonathan Bush, through his personal experiences and humorous writing skills, calls for a revolution in this sector to offer customers wider choices, power freedom, and information at far lower prices. Bush and his team created a software program that eventually became a cloud-based service company that handles electronic medical records, billing, and patient communications for more than 50,000 medical providers around the country.
The readers will learn:
- How the carefully sculpted government regulations prop up overpriced incumbents and hamper the pace of innovation
- How profit-driven disrupters are damaging the dominance of hospitals by offering routine procedures at lower costs to attract customers
- Conducting informed choices about the care we receive and pay for.
- Digital start-ups that are not well equipped or recognized by the government offer patients new apps and technologies for accessing medical data and take control of medical care
In conclusion, the author wants Americans to demand more from the providers but, at the same time, accept more responsibility for individual health and make informed decisions. Thus, one should take control of the industry, which is central to our lives and economy.<< Get this book >>
#8 – Facilitating Financial Health
by Brad Klontz, Rick Kahler & Ted Klontz
This health insurance book is essential for financial planners since it integrates the fields of psychotherapy, coaching, and financial planning. It blends the internal and emotional aspects of finance with external knowledge on finance, offering these advisors with an extensive and robust set of tools for working with clients to create and maintain financial health.
The book also includes a “Decision Tree” with guidelines for making decisions on what time is appropriate for planners to work with internal issues of the clients. It will also highlight when it is appropriate for referring clients to therapists or if special attention is required. Readers will be better equipped for managing the emotional and psychological issues of the clients with respect to money.
It is very easy to understand and hits the core issues of behavior and money. There is an effective blend for managing money as one should use both emotional as well as practical approaches and applications. It works as a catalyst for driving positive changes.<< Get this book >>
#9 – Healthcare Fraud: Auditing and Detection Guide
by Rebecca S. Busch
The extensive system of healthcare in the U.S. creates a base for fraud and wastage, which leads to loss of Billions of Dollars. Such a guide can be very handy for auditors, fraud investigators, and healthcare managers to detect and prevent the warning signs of possible fraudulent activities within an organization.
This book touches on the following points:
- Refined information on primary and secondary healthcare, information, and data management on privacy, risk management, and transparency.
- Offering comprehensive guidance on auditing and fraud detection for healthcare providers and firm healthcare plans.
- Examining the necessary background which internal auditors should be aware of while auditing healthcare tasks.
Since the understanding of the system will require a huge amount of data, which is now getting converted into an electronic manner, management of such information is of pivotal importance, and accordingly, steps for prevention have been highlighted to sharpen the skills of an auditor. The authors have effectively stated various cases and methodologies for providing actual audit and investigative tools. It offers an excellent framework illustrating the readers to break down all the pieces in auditing and detection of healthcare frauds.<< Get this book >>
#10 – The Complete Guide to Veterans’ Benefits
by Bruce C Brown
Retirement or exit from the military is one of the proudest moments in the life of an American soldier, and they bid farewell to their job with utmost respect and heads held high. As a veteran of the US military, one is entitled to multiple benefits inclusive of health care, loans, and many other aids for all aspects of life.
Since the author has served a U.S. Coast guard, one will be able to understand what it takes to be a part of the military and the difficulties of navigating all the government programs and policies.
Some of the topics included are:
- Health care
- Disability compensation
- Grants and Scholarships
- Discounts to Military
- Employment and Vocational Rehabilitation
- Hospital facilities to be availed off
When the soldiers retire from the military, they have to make big adjustments while navigating to civilian waters, and this health insurance book is written in a clear and concise manner to aid such a transition. It not only states the slew of benefits offered but also takes through the steps and directions on how to apply for and retain these perks.<< Get this book >>
This has been a guide to Health Insurance Books. Here we explain the list of the top 10 best health insurance books to read in 2021 & a sneak peek into what those books propose along with their reviews.
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