When I first read this Facebook post I thought it was a joke. Actually I’m not sure now it wasn’t a joke, but the many replies that followed it sure thought it real. And, many thought what was said was a good idea.
It’s hard to believe anyone in the US could take this seriously, but that is the reality of Americans understanding of health care and health insurance.
I think my favorite part is “there will be strict reform to drastically lower the cost of everything medical.” Do you think anyone knows what that means?
One of my favorite comments to this post was the person who claimed the real problem was primary physicians earning $1 million a year 🤑. In fact, the average primary care physician earns $217,000 while the average specialist earns $316,000. The highest compensated specialty is orthopedists at $489,000.
We are never going to solve the health care cost problem in the midst of so much ignorance about health care, the health care system and health insurance. Much of that ignorance is fostered by politicians and has been for many years.
Here are a few easy fixes. If you are an insurance company in the USA, you must cover everyone, no exceptions. If you are an insurance company, you must cover everything medical. If the doctor says you need a $500,000 surgery, you must cover it. No medical procedure, device, consult, test, medicine or anything medical shall ever be denied. Over the counter products will end and insurance shall pay for them. Your monthly deductible will be 10 percent of your monthly income, your copay will be $1 per item and there will be strict reform to drastically lower the cost of everything medical. When you pay your monthly deductible to the insurance company, all the deductibles everyone pays will go into a high yield group savings account earning daily compound interest at a minimum of 25 percent interest compounded daily and claims will be paid out of that group pot of funds. Insurance companies are not there to make billions of dollars and pay out big bonuses to an elite few at the top who do nothing to earn them. Insurance companies should be there first and foremost for the welfare of the patient.