Yes, I would agree, reform of the medical establishment is greatly needed, no question about it. Here is how I would go about reforming the system. I would give alot to the insurance companies, however, I would expect alot in return. First, I would eliminate regulations and mandates in the insurance industry, greatly reducing the cost of health care policies for individuals and families. Second, we would start selling health insurance policies across state lines, creating huge coverage pools, again, helping to greatly reduce costs, by including the health majority. Third, we would have reasonable deductibles to prevent overcrowding of the primary care physician’s office and the emergency room. Fourth, by reasonable, I would start deductibles at $1,000.00 per patient, $2,000 per family. Fifth, for low income individuals, who are suffering from a chronic illness, I would supply them with large tax deductions to assign to the physician or hospital that treats them, giving the medical establishment extreme incentives to treat the poor and the chronically ill individuals.
In return, I would tax individuals, families, business, corporations at a flat tax of 1% percent. I would also want guaranteed coverage for individuals with a chronic illness. I am giving the insurance companies a huge revenue base, no mandates or regulations, plus deductibles, so I do not want to hear any bellyaching about covering someone with dialysis or a serious illness.
With a flat tax of 1%, companies will flock to the United States, creating more jobs and more tax revenue to the government. Currently, I have read that our Gross Domestic Product is around $14 trillion per year, even with these excessive tax rates. Using my 1% flat tax, the stock market will take off, which will guarantee fat stock accounts for everyone, blue-collar, white collar, everyone. What would you rather have, $800 per month from the government or a $2,000,000.00 stock account???
With a low flat tax rate and no regulations or mandates on the insurance companies, insurance will be cheap for everyone, everyone will have it, diabetics, people on dialysis, etc. Prices might go to the point that people are able to pay for their health care, privately, assuring much more control for the patient over the medical industry, remember, he or she who pays calls the shots.
In addition, we would pursue tort reform. Texas has pursued tort reform and now, they have an oversupply of physicians. Yes, there are cases where a patient needs to be compensated for the stupidity of the physician. However, in awarding compensation, we would use specialists in the field in question. Many times, physicians are hired in court for thousands of dollars to give testimony in trials and they do not even work in that part of the medical field, this is abuse. Having worked in the legal field and my best childhood friend is a partner in a major law firm, if most of you only had an idea of how greedy and arrogant attorneys can be, you would be overwhelmed, trust me.
A physician can be greedy, however, that greed does not increase his or her income. The insurance executive can be very greedy, however, this fact of greed does not increase their income, one penny. As in any field of business, greed does not increase income. To increase income, the physician or insurance executive must have a product or service that the public wants to buy and wants to buy at a reasonable cost or price. Competition restricts and can eliminate price increases, in any industry, including medicine. The medical field is not exempt from the laws of economics. If a physician, hospital, or insurance company is high cost or charges unreasonable premiums in relation to the average market price, word gets out fast. Why in the world do you think Wal-Mart, Sam’s Club, Costco, Aldi(Even cheaper than Wal-Mart) have so many customers??? I know that some people laugh about Aldi’s, however, I hate to tell you I cannot tell the difference in their food compared to any other grocery store. If anything, the people who are laughing are getting ripped off.
If any of the previously mentioned groups overcharge patients, in my system, they will lose business. Led by profit motive, patients will have plenty of physicians, hospitals, and dialysis centers to choose, if those groups overcharge in my system, the patient will be enable to tell the physician, hospital, or dialysis center, “Bye, have a nice life.” In addition, led by the profit motive, dialysis centers will be living around the dialysis patient, not the other way around.
If each dialysis patient bought stock in Fresenius and DaVita, just one share each, along with their families, I guarantee that Fresenius and DaVita would be changing their ways. The way to have control over these people is stock and money. With my 1 percent flat tax, patients and their families, along with the profit incentive, would have plenty of money to be large shareholders in these companies. We would have control over our treatments and our lives. How would you like to have your dialysis treatment on your schedule? How would you like to have no waiting times? How would you like to do away with these idiotic and oppressive diet regimes? How would you like to do away with some of the Nazi type individuals who work in the dialysis clinics? My descent is German-American in the 3rd largest German descent population in the United States, so no whining about the Nazi comment. To prove it, Deustchland Uber Alles meaning “Germany Over All.” My family left Germany because of Der Fuherer and all government, all of the time control. My family knows something about government power, control, and dictators.
Honestly, I dislike the government and insurance companies. The more control you try to exert over me, the more I want you to get out of my face. However, I know what will work from an economic standpoint. I care about patients, the chronically ill, and that little boy. I also hate BIG PHARMA. However, I know and realize that if I eliminate the mandates and regulations, we will get them to take chances on medications that will help people with very serious and chronic issues, at much lower cost to the patient and the family. Basically, with my plan, I am using insurance companies and BIG PHARMA to serve chronically ill individuals and families. I truly believe in this statement, “As you have done to the least of my brothers, so you have done unto me.” I think that guy was fairly compassionate.