Rob's Daily Health and Healthcare Newsletter - February 25, 2006
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Price Transparency
Rob's Note - I just have to say, CASHDOCTOR.COM was the first to promote direct pricing via the internet. All readers need to get out and start promoting our FREE SERVICE to every provider in your home town. We can make a difference
2/24/2006 12:41:00 PM
By Grace-Marie Turner
The need for price transparency is the hottest conversation right now in the world of consumer directed health care. I hear pleas for more information in my radio interviews, from people writing us through our website, and in talks around the country, most recently yesterday in Milwaukee. FULL STORY
http://www.galen.org/ccbdocs.asp?docID=871
Bush's Proposed Health Accounts Offer Tax Benefit for Wealthy
Rob's Note - Bloomberg News really dug up some idiots this time. I guess is you look under every rock you can get any one to say anything. I will start with the first IDIOT, Steven Bankler, who does not understand health insurance. He is dead wrong. I sell to doctors and auto mechanics alike. I sell to healthy and SICK. Someone with diabetes would benefit under and HSA qualified plan. Just apply my formula X + Y = Z. Next, HSAs are not ABOUT TAX DEDUCTIONS, they are about personal responsibility and the movement from a three payer system to a two payer system or the transition from SICK CARE TO HEALTH CARE. The tax deduction is just a bonus. Lastly Jason Furman is an idiot when he said ``No one needs to put away $10,000 a year and have it accumulate to hundreds of thousands of dollars to pay for health care.'' just this week we see Americans are making less than they did 5 years ago and they have negative savings and HSA savings can be used as income in retirement. I am sure in his cushy job with the University he gets a guaranteed annual pay increase and retirement benefits until he dies.. MR Furman needs to get his head out of the clouds and get into the real world before he speaks for us. We need to run these jerks out of town by sun down.
Feb. 24 (Bloomberg) -- President George W. Bush's proposal to expand health savings accounts, intended to help contain spiraling medical costs, may prove a tax-free boon for the nation's rich. FULL STORY
http://www.bloomberg.com/apps/news?pid=10000103&sid=a.v8quwjesw8&refer=us
Hagel forms health care commission
BY JAKE THOMPSON
WORLD-HERALD BUREAU
WASHINGTON - Sen. Chuck Hagel, R-Neb., said he has pulled together 10 experts for a commission that will examine health care issues for one year, then make recommendations to him on changes that he could pursue with legislation. FULL STORY
http://www.omaha.com/index.php?u_pg=1642&u_sid=2122021
INCENTIVES FOR THE HEALTH CONSCIOUS
Daily Policy Digest
HEALTH ISSUES
Friday, February 24, 2006
Taking care of your body should have its own rewards. But a South African health insurance company is adding some new lures, such as discounts on travel, movie tickets and electronics, says the Wall Street Journal. FULL STORY
http://www.ncpa.org/newdpd/dpdarticle.php?article_id=2961
Does Health Cost Too Much? If you think so, stop buying so much
Ronald Bailey
Rob's Note - There are some great facts in this article, but I disagree when Mr Bailey states that demand is not driving up the cost. We must look at today CITIZEN and not the one from past centuries.
"When you've got your health, you've got everything," my mother used to say. All the evidence suggests that most Americans fervently agree with my mom, given how much they are willing to spend on health care. FULL STORY
http://www.reason.com/rb/rb022406.shtml
Health costs for state retirees to take center stage
Posted on Feb. 24, 2006 11:05 AM CST
MIAMI (Reuters)?U.S. state governments wrestling with inadequately funded pension plans are bracing for new accounting rules that will put a spotlight on the costs of massively expensive health benefits for retired workers. FULL STORY
http://www.businessinsurance.com/cgi-bin/news.pl?newsId=7275#
Health savings accounts are off to slow start
Rob's Note - Mr O'Neil is an idiot. He is the typical insurance executive that is driven by greed. Mr O'Neil does not understand the power of the HSA. He makes some real dumb comments. "We make them available" but we PUSH AND PROMOTE our most profitable plans. "Employees have rich benefit packages" referring to they typical Las Vegas employee where 80% use them very little (80/20 rule). If their plans are so rich, I know for a fact that not one employee would turn down a PPO with 100% of the deductible in an HSA for every employee. The major players can hold the HSA back by pricing, but competition will arrive in Las Vegas soon. NOW, Mr Harrison gets it because he is on the street working and educating the individual and employee. Hats off to Mr Harrison I would like to see you kick butts in Las Vegas..
By Michelle Swafford / Staff Writer
President Bush is touting health savings accounts as a viable solution to escalating health care premiums.
But Nevada businesses have been slow to accept them even though it can mean lower out-of-pocket costs for employers. FULL STORY
http://www.inbusinesslasvegas.com/2006/02/24/health.html
New Guide Promotes Affordable Health Insurance
Written By: HCN Staff
Published In: Health Care News
Publication Date: March 1, 2006
Publisher: The Heartland Institute
Managing Editor's note: A guide designed to help state legislators understand why health insurance premiums have been rising was released in January by the Council for Affordable Health Insurance (CAHI). The 2006 State Legislators' Guide to Health Insurance Solutions provides solutions that encourage greater access to affordable health coverage. FULL STORY
http://www.heartland.org/Article.cfm?artId=18596
D E A D M E A T!
is a 25 minute short film which shows the reality of health care under Canada's socialized medical system: Canadians wait ... and wait ... and wait. .... And sometimes they die while waiting for free government health care. CLICK TO VIEW FILM
http://www.onthefencefilms.com/video/deadmeat /
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Saturday, February 25, 2006
Friday, February 24, 2006
Rob's Rant - Feb 24, 2006
Don’t Blame the HSA
Whether you’re a Republican or Democrat, any time you are getting a tax deduction to save money (in the case of the HSA for your health care expenses) it is a win, win situation.
http://www.emediawire.com/releases/2006/2/emw350313.htm
Wal-Mart to expand health plans
By William Spain, MarketWatch
Last Update: 6:28 PM ET Feb 23, 2006
CHICAGO (MarketWatch) -- Under fire from activist groups and legislators who charge it with underinsuring its workers, Wal-Mart Stores Inc. said Thursday that it will roll out major improvements to its employee health-care benefit plans.
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7BCB94ACEC%2DA703%2D47F3%2D9911%2D2AD5523EB5E9%7D&siteid=google&print=true&dist=printBottom
Health plan lifts the veil on charges
Rob's Note: Great move on the part of the insurance companies, We just need to see more of it from the doctors and the healthcare professionals.
List of doctor, hospital prices is most extensive available
By GUY BOULTON
gboulton@journalsentinel.com
Feb. 23, 2006
More than 44,000 people in a new health plan now have access to the most extensive information made public to date on what hospitals and doctors in the Milwaukee area charge.
http://www.jsonline.com/story/index.aspx?id=403820
Analysis:Health to rise to 4TR
Rob's Note: Ms Pierce make a very proffetic statement at the end of her article. She clarifies that fact 4 Trillion is based on current demands and does not take into consideration and aged and demanding baby boomer population. We all must remember
this group grew up when the phrase "greed is good" was a national slogan. I give Olga extra points. What she missed was the massive expenses associated with our ever EXPANDING OBESE population. From our children to seniors, obesity will be the KILLER
OF THE SYSTEM. Good job Olga.
By OLGA PIERCE
UPI Health Business Correspondent
WASHINGTON, Feb. 22 (UPI) -- Slight decreases in the growth rate of healthcare spending for 2005 and 2006 will not prevent it from accounting for one fifth of GDP by 2015, federal forecasters predicted Wednesday.
http://www.upi.com/HealthBusiness/view.php?StoryID=20060222-100912-1357r
Bush's Proposed Health Accounts Offer Tax Benefit for Wealthy
Rob's Note - We started selling HSAs because they were good for all, this article just goes on to say it may get better. HSAs are good for everyone in this Country who wants to take persoanl reponsibility for their HEALTH AND HEALTHCARE. If it takes tax deductions and tax credits for AMERICANS TO GET THE FAT OFF - SO BE IT!
Feb. 24 (Bloomberg) -- President George W. Bush's proposal to expand health savings accounts, intended to help contain spiraling medical costs, may prove a tax-free boon for the nation's rich.
Both supporters and opponents of the proposal said the enhanced HSAs offer unprecedented tax advantages and may become more attractive than 401(k)s or Individual Retirement Accounts as a way for the richest and healthiest Americans to build savings.
http://www.bloomberg.com/apps/news?pid=10000103&sid=a.v8quwjesw8#
President's Vision for Healthcare Reform Could Define Winners and Losers Among Insurers, Financial Services Firms
Rob's Note - This article shows the challenges ahead of us if we are going to fix healthcare. We can not guarantee that HSAs will fix all. HSAs are just tools, but I can guarantee if we do nothing nothing will happen. Secondly, I can guarantee if we do not make a dramatic difference in the personal health
of every American (My Demand side theory) our system WILL FAIL NO MATTER WHAT CHANGES WE MAKE AND NO MATTER WHO PAYS FOR THE SERVICES. Demand will exceed supply!
New DiamondCluster White Paper Analyzes Challenges for Health Insurers, Opportunities for Financial Institutions
CHICAGO, Feb. 22 /PRNewswire/ -- President Bush's recent State of the Union address outlined three vital themes for the nation's healthcare that could have a significant impact on health insurers and financial services firms, cautions management consulting firm DiamondCluster International (Nasdaq: DTPI).
http://www.upi.com/HealthBusiness/view.php?StoryID=20060222-100912-1357r
High-deductible health savings plans slow to catch on locally
Joy Davia
Staff writer
(February 23, 2006) — Dave Caporale's trips to the pharmacy no longer require those $20 co-payments.
Caporale now pays with a type of credit card that takes his prescription money out of a health savings account, or HSA, that's funded by his employer, Brinkman International Group Inc.
http://www.democratandchronicle.com/apps/pbcs.dll/article?AID=/20060223/BUSINESS/602230345/1001
Aetna's secret to success? People
Aetna's stock price has been on a roll and with more room to grow, the company's new CEO sees more growth in its future.
By Shaheen Pasha, CNNMoney.com staff writer
February 22, 2006: 4:18 PM EST
NEW YORK (CNNMoney.com) - Aetna's new president and chief executive, Ronald Williams, can remember a time when Wall Street wanted little to do with the troubled health insurer.
http://money.cnn.com/2006/02/22/news/companies/aetna_ceo/index.htm?section=money_latest
Clinic to Offer Primary Care Medical Services
to All Uninsured Patients at Medicare Rates Plus 25%
MIAMI, Feb. 22 /PRNewswire/ -- In a major initiative to encourage health
care providers to start charging the uninsured more reasonable prices, Consejo
de Latinos Unidos, a national non-profit organization that educates and
assists the uninsured, and the Ross Integral Medical Clinic outlined the
details of a "Fair Pricing for the Uninsured" plan at a news conference today.
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/02-22-2006/0004287258&EDATE=
Re: Employers charging smokers extra for health insurance
Rob's Note: This little blog is a great example what ALL AMERICANS will be faced with. Who's insurance is it? Does it matter what I do in my personal time? Can an employer discriminate at time of employment?
First - The insurance sponsered but the employer is PAID 100% by the employee via the employer pay less in wages to compensate for the amount paid for health insurance. The employer provides the purchasing service
because he gets a tax deduction. The insurance companie likes it because they get to set the rules to make sure the get the benefit of BIG NUMBERS. They want to make sure the 80% who do not use health insurance is there to pay
for the 20% who spend all the money. Secondly, since it is you insurance what you do in your "personal" time does matter. When we purchase car insurance do we differenciate between driving to work and driving to the beach? Americans better
wake up NOW because the healthcare industry is not going to stop with SMOKING, they are going to go after FAT PEOPLE. Fat people cost more money to maintain and Fat people are going to pay more in premiums just like reckless drivers regarding
their auto insurance. Everybody needs to stop worrying about their cars and SUV's and start worrying about their bodies.
February 22, 2006
blog
"Where is it going to end?" asked Jim Clark, a smoker and owner of Strauss Tobacconist in Cincinnati. "Are they going to start saying you can't wear a blue shirt on Monday or drive a green car on Thursday?"
http://www.harktheherald.com/component/option,com_smf/Itemid,/topic,7088.msg24324
How Are the Amish Lowering Health-Care Costs?
Patients Pay in Cash and Don't Sue
Feb. 23, 2006 — - The Amish of Lancaster County, Pa., don't have insurance, but they won't have to pay full price for medical expenses or travel to Tijuana, Mexico, for affordable health care anymore, either.
http://www.abcnews.go.com/GMA/print?id=1652941
Neighborhood may help prevent childhood obesity
Thu Feb 23, 2006 3:25 PM GMT
By Charnicia Huggins
NEW YORK (Reuters Health) - The neighborhood an adolescent lives in may influence his or her development of obesity, new study findings suggest. Specifically, investigators found that adolescents from close-knit neighborhoods were less likely to be obese.
http://today.reuters.co.uk/news/newsArticle.aspx?type=healthNews&storyID=2006-02-23T152551Z_01_HAR355470_RTRIDST_0_HEALTH-NEIGHBORHOOD-OBESITY-DC.XML
Depression, childhood obesity and eating disorders effect children
By Associated Press
Depression hard to spot in children, teens
HOUSTON — Statistics suggest that more than 10 percent of the U.S. population experiences at least one episode of depression by the time they are 24 years old. Depression can be hard to spot in children and adolescents, but addressing it early can make all the difference in preventing development, learning, and additional emotional disorders.
http://www.heralddemocrat.com/articles/2006/02/23/life/life04.txt
February 24, 2006
U.S. to Pay Big Employers Billions Not to End Their Retiree Health Plans
By MARY WILLIAMS WALSH
America's largest companies expect the federal government to pay them about $4 billion over the next four years to help keep their retiree health plans alive at a time when such benefits are increasingly on the chopping block, according to a new study by Credit Suisse First Boston.
http://www.nytimes.com/2006/02/24/business/24retire.html?_r=1&oref=slogin
Whether you’re a Republican or Democrat, any time you are getting a tax deduction to save money (in the case of the HSA for your health care expenses) it is a win, win situation.
http://www.emediawire.com/releases/2006/2/emw350313.htm
Wal-Mart to expand health plans
By William Spain, MarketWatch
Last Update: 6:28 PM ET Feb 23, 2006
CHICAGO (MarketWatch) -- Under fire from activist groups and legislators who charge it with underinsuring its workers, Wal-Mart Stores Inc. said Thursday that it will roll out major improvements to its employee health-care benefit plans.
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7BCB94ACEC%2DA703%2D47F3%2D9911%2D2AD5523EB5E9%7D&siteid=google&print=true&dist=printBottom
Health plan lifts the veil on charges
Rob's Note: Great move on the part of the insurance companies, We just need to see more of it from the doctors and the healthcare professionals.
List of doctor, hospital prices is most extensive available
By GUY BOULTON
gboulton@journalsentinel.com
Feb. 23, 2006
More than 44,000 people in a new health plan now have access to the most extensive information made public to date on what hospitals and doctors in the Milwaukee area charge.
http://www.jsonline.com/story/index.aspx?id=403820
Analysis:Health to rise to 4TR
Rob's Note: Ms Pierce make a very proffetic statement at the end of her article. She clarifies that fact 4 Trillion is based on current demands and does not take into consideration and aged and demanding baby boomer population. We all must remember
this group grew up when the phrase "greed is good" was a national slogan. I give Olga extra points. What she missed was the massive expenses associated with our ever EXPANDING OBESE population. From our children to seniors, obesity will be the KILLER
OF THE SYSTEM. Good job Olga.
By OLGA PIERCE
UPI Health Business Correspondent
WASHINGTON, Feb. 22 (UPI) -- Slight decreases in the growth rate of healthcare spending for 2005 and 2006 will not prevent it from accounting for one fifth of GDP by 2015, federal forecasters predicted Wednesday.
http://www.upi.com/HealthBusiness/view.php?StoryID=20060222-100912-1357r
Bush's Proposed Health Accounts Offer Tax Benefit for Wealthy
Rob's Note - We started selling HSAs because they were good for all, this article just goes on to say it may get better. HSAs are good for everyone in this Country who wants to take persoanl reponsibility for their HEALTH AND HEALTHCARE. If it takes tax deductions and tax credits for AMERICANS TO GET THE FAT OFF - SO BE IT!
Feb. 24 (Bloomberg) -- President George W. Bush's proposal to expand health savings accounts, intended to help contain spiraling medical costs, may prove a tax-free boon for the nation's rich.
Both supporters and opponents of the proposal said the enhanced HSAs offer unprecedented tax advantages and may become more attractive than 401(k)s or Individual Retirement Accounts as a way for the richest and healthiest Americans to build savings.
http://www.bloomberg.com/apps/news?pid=10000103&sid=a.v8quwjesw8#
President's Vision for Healthcare Reform Could Define Winners and Losers Among Insurers, Financial Services Firms
Rob's Note - This article shows the challenges ahead of us if we are going to fix healthcare. We can not guarantee that HSAs will fix all. HSAs are just tools, but I can guarantee if we do nothing nothing will happen. Secondly, I can guarantee if we do not make a dramatic difference in the personal health
of every American (My Demand side theory) our system WILL FAIL NO MATTER WHAT CHANGES WE MAKE AND NO MATTER WHO PAYS FOR THE SERVICES. Demand will exceed supply!
New DiamondCluster White Paper Analyzes Challenges for Health Insurers, Opportunities for Financial Institutions
CHICAGO, Feb. 22 /PRNewswire/ -- President Bush's recent State of the Union address outlined three vital themes for the nation's healthcare that could have a significant impact on health insurers and financial services firms, cautions management consulting firm DiamondCluster International (Nasdaq: DTPI).
http://www.upi.com/HealthBusiness/view.php?StoryID=20060222-100912-1357r
High-deductible health savings plans slow to catch on locally
Joy Davia
Staff writer
(February 23, 2006) — Dave Caporale's trips to the pharmacy no longer require those $20 co-payments.
Caporale now pays with a type of credit card that takes his prescription money out of a health savings account, or HSA, that's funded by his employer, Brinkman International Group Inc.
http://www.democratandchronicle.com/apps/pbcs.dll/article?AID=/20060223/BUSINESS/602230345/1001
Aetna's secret to success? People
Aetna's stock price has been on a roll and with more room to grow, the company's new CEO sees more growth in its future.
By Shaheen Pasha, CNNMoney.com staff writer
February 22, 2006: 4:18 PM EST
NEW YORK (CNNMoney.com) - Aetna's new president and chief executive, Ronald Williams, can remember a time when Wall Street wanted little to do with the troubled health insurer.
http://money.cnn.com/2006/02/22/news/companies/aetna_ceo/index.htm?section=money_latest
Clinic to Offer Primary Care Medical Services
to All Uninsured Patients at Medicare Rates Plus 25%
MIAMI, Feb. 22 /PRNewswire/ -- In a major initiative to encourage health
care providers to start charging the uninsured more reasonable prices, Consejo
de Latinos Unidos, a national non-profit organization that educates and
assists the uninsured, and the Ross Integral Medical Clinic outlined the
details of a "Fair Pricing for the Uninsured" plan at a news conference today.
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/02-22-2006/0004287258&EDATE=
Re: Employers charging smokers extra for health insurance
Rob's Note: This little blog is a great example what ALL AMERICANS will be faced with. Who's insurance is it? Does it matter what I do in my personal time? Can an employer discriminate at time of employment?
First - The insurance sponsered but the employer is PAID 100% by the employee via the employer pay less in wages to compensate for the amount paid for health insurance. The employer provides the purchasing service
because he gets a tax deduction. The insurance companie likes it because they get to set the rules to make sure the get the benefit of BIG NUMBERS. They want to make sure the 80% who do not use health insurance is there to pay
for the 20% who spend all the money. Secondly, since it is you insurance what you do in your "personal" time does matter. When we purchase car insurance do we differenciate between driving to work and driving to the beach? Americans better
wake up NOW because the healthcare industry is not going to stop with SMOKING, they are going to go after FAT PEOPLE. Fat people cost more money to maintain and Fat people are going to pay more in premiums just like reckless drivers regarding
their auto insurance. Everybody needs to stop worrying about their cars and SUV's and start worrying about their bodies.
February 22, 2006
blog
"Where is it going to end?" asked Jim Clark, a smoker and owner of Strauss Tobacconist in Cincinnati. "Are they going to start saying you can't wear a blue shirt on Monday or drive a green car on Thursday?"
http://www.harktheherald.com/component/option,com_smf/Itemid,/topic,7088.msg24324
How Are the Amish Lowering Health-Care Costs?
Patients Pay in Cash and Don't Sue
Feb. 23, 2006 — - The Amish of Lancaster County, Pa., don't have insurance, but they won't have to pay full price for medical expenses or travel to Tijuana, Mexico, for affordable health care anymore, either.
http://www.abcnews.go.com/GMA/print?id=1652941
Neighborhood may help prevent childhood obesity
Thu Feb 23, 2006 3:25 PM GMT
By Charnicia Huggins
NEW YORK (Reuters Health) - The neighborhood an adolescent lives in may influence his or her development of obesity, new study findings suggest. Specifically, investigators found that adolescents from close-knit neighborhoods were less likely to be obese.
http://today.reuters.co.uk/news/newsArticle.aspx?type=healthNews&storyID=2006-02-23T152551Z_01_HAR355470_RTRIDST_0_HEALTH-NEIGHBORHOOD-OBESITY-DC.XML
Depression, childhood obesity and eating disorders effect children
By Associated Press
Depression hard to spot in children, teens
HOUSTON — Statistics suggest that more than 10 percent of the U.S. population experiences at least one episode of depression by the time they are 24 years old. Depression can be hard to spot in children and adolescents, but addressing it early can make all the difference in preventing development, learning, and additional emotional disorders.
http://www.heralddemocrat.com/articles/2006/02/23/life/life04.txt
February 24, 2006
U.S. to Pay Big Employers Billions Not to End Their Retiree Health Plans
By MARY WILLIAMS WALSH
America's largest companies expect the federal government to pay them about $4 billion over the next four years to help keep their retiree health plans alive at a time when such benefits are increasingly on the chopping block, according to a new study by Credit Suisse First Boston.
http://www.nytimes.com/2006/02/24/business/24retire.html?_r=1&oref=slogin
Monday, February 20, 2006
The kitchen keeps getting hotter and hotter
The kitchen keeps getting hotter and hotter. Everyday someone new comes out with their opinion why HSAs will not work, and today is no different. In todays lead article, Dr James Mongan is DEAD WRONG when he says "The president's prescription for our ailing health care system is, astoundingly, to encourage the further deterioration of private insurance coverage for those in the middle class who have become increasingly worried about holding onto their current policies.
The dilemma we have has two problems: One is the fact that it is not the employees policy, it is the policy of the employer sponsored plan and will have to be surrendered if the employee leaves or is asked to leave. Second problem is the fact that employees have no clue as to the cost of the insurance and the cost of any care delivered by the plan. CONSUMER IGNORANCE is leading to RECORD PROFITS FOR HEALTH INSURANCE COMPANIES, RECORD PROFITS FOR HEALTHCARE PROVIDERS, RECORD PROFITS FOR DRUG COMPANIES, RECORD HEALTH INSURANCE PREMIUMS FOR BUSINESS OWNERS, A RECORD NUMBER OF AMERICANS WHO ARE OBESE AND A RECORD NUMBER OF DEATHS ATTRIBUTED TO POOR LIFE STYLE CHOICES; SMOKING AND OBESITY. Now with all that said, how can a system repair itself WHEN the profits of Wall Street are tied to our failing health
ALL healthcare plans cost large sums of money and are all paid for by every American regardless. Employer plans are paid for 100% by the employee. Tax payers pay for all Medicaid and Medicare plans. Regardless of who controls the supply all methods of delivery are expensive. The problem we are now faced with is the fact that demand is exceeding supply. Demand must be reduced in order for our system to remain intact. Americans are FAT (66% are overweight) and DUMB when it comes to health care cost, and not until these conditions are cured will our healthcare system survive. We have a lot of work to do in a very short period of TIME
Dr Mongan needs to understand the the middle class is PAYING THE WHOLE BILL when it comes to healthcare premiums via their employer. To get the true picture Dr Mongan must apply the CashDoctor.com HSA formula, X+Y = Z (X=Major Medical, Y=HSA contribution, Z=Current Plan). The formula does not take into consideration the percentage paid by the employer or the employee because this is irrelevant to the cost associated with healthcare. The purpose is to SEE THE WHOLE COST.
Dr Mongan needs to stop protecting a failing system and start making a difference. FIRST he should move immediately to TRANSPARENT PRICING - POST ALL PRICES ON THE INTERNET NOW! As a leader, he should lead and not wait until the government steps in and requires, by law, the posting of actual fee schedules. Secondly he should pursue healthcare plans that CONNECT PATIENTS DIRECTLY WITH HEALTHCARE PROVIDERS. Dr Mongan and his organization should start leading TODAY!
The dilemma we have has two problems: One is the fact that it is not the employees policy, it is the policy of the employer sponsored plan and will have to be surrendered if the employee leaves or is asked to leave. Second problem is the fact that employees have no clue as to the cost of the insurance and the cost of any care delivered by the plan. CONSUMER IGNORANCE is leading to RECORD PROFITS FOR HEALTH INSURANCE COMPANIES, RECORD PROFITS FOR HEALTHCARE PROVIDERS, RECORD PROFITS FOR DRUG COMPANIES, RECORD HEALTH INSURANCE PREMIUMS FOR BUSINESS OWNERS, A RECORD NUMBER OF AMERICANS WHO ARE OBESE AND A RECORD NUMBER OF DEATHS ATTRIBUTED TO POOR LIFE STYLE CHOICES; SMOKING AND OBESITY. Now with all that said, how can a system repair itself WHEN the profits of Wall Street are tied to our failing health
ALL healthcare plans cost large sums of money and are all paid for by every American regardless. Employer plans are paid for 100% by the employee. Tax payers pay for all Medicaid and Medicare plans. Regardless of who controls the supply all methods of delivery are expensive. The problem we are now faced with is the fact that demand is exceeding supply. Demand must be reduced in order for our system to remain intact. Americans are FAT (66% are overweight) and DUMB when it comes to health care cost, and not until these conditions are cured will our healthcare system survive. We have a lot of work to do in a very short period of TIME
Dr Mongan needs to understand the the middle class is PAYING THE WHOLE BILL when it comes to healthcare premiums via their employer. To get the true picture Dr Mongan must apply the CashDoctor.com HSA formula, X+Y = Z (X=Major Medical, Y=HSA contribution, Z=Current Plan). The formula does not take into consideration the percentage paid by the employer or the employee because this is irrelevant to the cost associated with healthcare. The purpose is to SEE THE WHOLE COST.
Dr Mongan needs to stop protecting a failing system and start making a difference. FIRST he should move immediately to TRANSPARENT PRICING - POST ALL PRICES ON THE INTERNET NOW! As a leader, he should lead and not wait until the government steps in and requires, by law, the posting of actual fee schedules. Secondly he should pursue healthcare plans that CONNECT PATIENTS DIRECTLY WITH HEALTHCARE PROVIDERS. Dr Mongan and his organization should start leading TODAY!
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