Healthcare
Posted by coaldigger 6 years, 2 months ago to Ask the Gulch
What would happen is the President and the leaders of Congress, should they wish to participate, met with CEO's of all major healthcare companies and challenged them to present a plan for free market health insurance? If the deal was for government to completely withdraw from the market, what would happen? Would they want Medicare and the revenue stream provided into this fund and presently collected by government? Would they be able to spread their risks so that pre-existing conditions would have little or no impact? Would the elimination of regulations provide better healthcare? Life insurance exists despite the pre-existing condition that we are all going to die. If the free market could increase their profits by funding research to cure deadly disease, would they have the long range view to do so?
I don't know enough about insurance, healthcare, etc. to provide any answers but I suspect every living person cares about his/her own life and given the freedom to do so would seek the best possible situation to sustain it. With the profit incentive and self preservation unleashed, I suspect there is an answer and that only idiots that want power over everyone, stand between it and a solution.
I don't know enough about insurance, healthcare, etc. to provide any answers but I suspect every living person cares about his/her own life and given the freedom to do so would seek the best possible situation to sustain it. With the profit incentive and self preservation unleashed, I suspect there is an answer and that only idiots that want power over everyone, stand between it and a solution.
As somebody who works in the industry - my advice is to not get sick or hurt. From pain killers to procedure wait lists...things are getting ugly and mismanaged. There is little incentive to do things right, and there are a lot of practitioners who don't have a clue what they are doing, yet they flourish in this current paradigm of government involvement...
Health insurance in its current state does little but cause the cost of health care to increase geometrically.
The biggest beneficiaries of the Un-Affordable Care Act are health insurance companies, pharmaceutical companies, and government.
The patients get nothing but higher costs for health care.
1) rescinding laws requiring healthcare providers and hospitals to treat anyone entering their emergency rooms.
2) rescinding laws requiring that healthcare insurers register with the individual States in which they seek customers
3) repeal Medicare, Medicaid and the ACA. Also SS Disability.
4) repeal HIPPA
It would also mean that:
1) Individuals would not be subsidized by taxpayers, and therefore would have to make better choices about their health and their healthcare
2) Individuals would be free to purchase healthcare insurance or not, as they see fit
What we would likely see:
1) A la carte programs from insurers allowing individuals to select plans that better meet their needs without breaking their wallets covering inapplicable things (maternity for men, etc.)
2) Innovation in insurance such as splitting it into basic maintenance care and catastrophic coverage such as for cancer.
3) Doctors who actually competed based on price for their services.
4) Patient information being controlled by patients and shared with doctors as appropriate
5) Doctors spending more time with patients rather than on paperwork.
6) Reform in medical malpractice, as doctors could refuse service to patients they deemed to be high-risk
Is anything likely to happen short of a full-scale meltdown on the part of the Federal Government? Unfortunately no. Especially since the Democrats don't want to give up the power they've acquired by controlling peoples' lives.
I almost became an electrical engineer but due to exstream social anxiety I chose chemistry and math because the electrical engineer course had a speech course and chemistry had a senior seminar where just one speech was required. Then because the government pestered me with there registration program for chemists, I went into the lawn care business where I had four months (winter here in southern WI starts the last part of November and cleanups, grass mowing, plantings,etc.in March) a year to work on some old math conjectures.
“This planet has - or rather had - a problem, which was this: most of the people living on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movement of small green pieces of paper, which was odd because on the whole it wasn't the small green pieces of paper that were unhappy.”
Any attempt to solve Healthcare problem by moving the little green pieces of paper around is doomed to failure. It isn't healthcare financing that needs to be solved it is healthcare itself. As long as Healthcare is costing almost 20% of GDP there is no way it will be "affordable" no matter who is writing the checks.
The healthcare industry is highly regulated and is pretty much locked into the "Doctor with the black bag" paradigm. Everything has to go through the physician. We need to look at other ways of caring for people, especially those with chronic diseases. Obviously if you have a Trauma you need immediate medical care, but what about type II diabetes?
Technology is the solution. In the future, your primary care physician will be software based and essentially free.
They got the power to make us need 'prescriptions' in order to get any drugs. And any drugs had to be approved by FDA before sale.
Then it took over medical devices so we needed prescriptions for them and they all had to be pre approved by the FDA
Then they forced us all to have some sort of insurance, whether it be employer based, obamacare, or medicaid.
Now they are trying to regulare nutritional supplements as they do regular prescription drugs. I am sure prescriptions will be required for those soon.
All of it was designed to make us go to the "system" in order to get any healthcare at all.
All I think that is needed is REPEAL of the Obamacare law, removal of the powers of the FDA to require their approval before sale (they can approve them if they want, but I could buy the unapproved ones anyway if I wanted), and removal of the monopoly of physicians. Then we could start to see better healthcare.
(Disclosure: Speculation unsupported by scientific study.)
I believe this works every time, everywhere and I think it is the answer to my questions.
“Conclusion: remind me why socialism is so great again.”
There is a new 3% tax on all real estate sales to 'pay' for the ACA. There is a tax on all medical appliances. My premium went up 10 times and my deductible went up 100 times and the new rule that the deductible applies for every new instance (if your original healthcare provider recommends you to see a specialist the deductible starts over) it is unlikely that you will get the ACA to pay for much of any procedure.
If you have a pre-existing condition no employer will give you more than 29 hours per week nor more than 1400 hours per year to avoid having to pay for your premium which means you will have to work at least two jobs to pay for being seriously ill while you try to recover.
Dishonest market insurance companies would love this income stream with the corresponding failure to pay scheme.
The assumption here is also that without insurance no one could afford healthcare which reminds me of the case of a doctor in Sacramento that refused to use the state funds and insurance and was able to drop his prices by 90% and still made more income. Even poor people could afford his services. His fellow doctors complained and to avoid having his license revoked (which would mean no income) he was forced by the state back into the socialist system and his prices rose accordingly.
There would be market insurance that could provide pooled resources to give those unable to save enough to be part of a service to gain expensive healthcare. The idea that insurance companies should provide for existing conditions is the same as requiring home insurance companies to provide fire insurance after your house caught on fire and the individual was motivated to buy the insurance.
It is the ancient question of: "What happens when an irrisistable object meets an immovable post.
A better idea is to restore the doctor/patient relationship with Direct Primary Care (DPC). With DPC, the patient pays a subscriber fee to a doctors group, with no insurer of government agency involved. The fee covers physicals, immunizations, minor outpatient surgery. Prescriptions are at the doctors' cost, and the prices are often less than the copays under insurance programs.
Subscriber costs are much lower than medical insurance. As little as $50/month for adults, and $10/month for minors. You can find the nearest DPC provider here: https://www.dpcfrontier.com/mapper/ .
DPC providers usually recommend subscribers get catastrophic care insurance, a low cost program to cover emergency care, hospital costs, and long term care. They also don't turn away people with preexisting conditions.
There are also surgery centers that post cash prices, and deal with only individuals and self insured companies, no insurance companies or government involved. You can find some here: https://aapsonline.org/surgery-center... .
There have been health sharing ministries run by religions for decades. In these programs, members agree to contribute a monthly donation and optionally send get well cards to people who are making claims and to send sympathy cards to bereaved families. There are levels of contributions that correspond to levels of payment you'll receive if you get sick. I can imagine secular versions of this cropping up.
That's just one idea. All kinds of telemedicine technologies are being developed, and they would come faster with more freedom.
Most people now use insurance that attempts to manage even small routine healthcare expenses. Neither the patient nor the provider have any way to know or reason to care what the price is. This is a disastrous way to run a market.
If gov't just got out of it, including regulating prescriptions, addictive drugs, and everything, there would be some problems. There would be some people taken in by patent medicine. There would be some people who make a mistake and don't get treatment. But all that happens now. Pharmacies now sell homeopathic meds, really just inert ingredients, along side scientifically validated medicines.
I really think if the gov't backed out of it in a controlled way, in less than 10 years it would be way better than it is today.
BTW, I tought PPACA was a mixed bag. I still do. I think it fixed something things. But it's done its job of increasing use of insurance for small things, and I think that's very bad. My opinion of it has decreased.
There are alternatives to this plan. Chose wisely what you but into your bodies. I have so many testimonies of people who have gotten off all or most of their prescription drugs, including getting their kids off their adhd meds just by putting good food in their bodies. It's amazing what our bodies can do if we just feed them.
My business shows you how to get off that hamster wheel of taking a drug to counteract the drug you're taking to counteract the other drug your taking and helps you get strong and healthy and as a bonus you can also get wealthy.