Today I wish to discuss the inner workings, or funding, of Medical Health Insurance. Have you contemplated the way it costs a person to cover any adverse health insurance plan? Let alone my contention that having a policy does absolutely nothing to insure anybody will have a healthy body simply because they possess a health insurance plan. My meaning of Medical Health Insurance is the fact that an insurance policy is only a operating plan that might or might not invest in your medical services. Good sense should tell everybody that having to pay money for medical health insurance premiums is just an additional expense layer on the top of the actual medical expenses. Exactly the same reasoning applies to co-pays which too many people equate with the price of medical services.
When did this crazy medical accounting system begin, and just how made it happen get so pervasive? Like a pharmacist in early 1960’s I recall getting customers ask me for a summary of their prescription purchases for that year. Initially, I figured the lists would justify tax deductions, but because time passed I found that some customers owned insurance plans that will compensate them for a few of their medical expenses.
Clearly if your contract existed of these services, it had been between your customer and the insurer. Like a pharmacist my fiduciary responsibility ended up being to the shoppers and never towards the insurance providers. I provided the required information to customers since i owned a “service business” known as a pharmacy.
That altered beginning about 1967, once the government politicians started buying votes by claiming this too many children weren’t receiving proper healthcare. Which was the hoax politician accustomed to begin the care crisis we’ve today. I contend we’ve more children today looking for better healthcare, percentage wise, compared to the 1960’s. If the weren’t true we’d be listening to it from politicians and also the press twenty-four hrs each day. Rather we hear endless blather about everybody requiring medical health insurance for much better health and that’s pure nonsense.
I haven’t got space within this issue to grow further in to the financial information on medical health insurance policies, however i thought it vital that you explain just a little good reputation for how all of this began. Within the next issue I’ll begin the discussion with information from your economist evaluating the ACA without any experience of the field. You can share this with the family and buddies since the more and more people learn about healthcare facts, the greater chance we must remedy a poor situation.