Tuesday, August 18, 2009

Enhancing the MS&L with Public and Charitable Care

The goal of the Medical Savings and Loan is to break people of their dependency on third party care. The MS&L goes beyond Health Savings Accounts in that the system uses health advocates to work with people to create a model of expected health care expenses. This budgeting guideance will help people maintain their optimum health.

The savings and loan aspect of the program will handle all anticipated health problems. One can add a low cost insurance to handle true exceptions.

There will be a small number of times when healthcare advocates sit down with a patient and realize that their income simply can't cover medical expenses.

As the healthcare advocate has complete models of people's anticipated health care expenses, we will be able to easily classify the exceptions which can then be handled through either a charity or public agency.

Don't you see? If there is an established system in which each of us sits down with a healthcare advocate to model our expected health expenses, then we would have solid data on what we need to do to care for ourselves and families.

This solid data from this analysis can be used to create mechanisms to supplement the needs of those with health expenses fall outside the norm.

Knowledge empowers. Ignorance destroys.

Third party systems (including private insurance and government pools) lack this intelligent process and consequently promote ignorance.

The pooled mechanism tries to hide the exceptions with large numbers.

This absurd attempt to hide exceptions creates a dynamic where people strive to gain the system. Insurance companies gain the system by finding ways to expel high risk customers.

Even worse, people try to hide their risks in order to get lower price on insurance.

The MS&L (with its healthcare advocates and progressive mix of health financing tools) directly empowers individuals with knowledge about themselves and knowledge about costs and alternatives within the health care industry.

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