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#1
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Gig 601XL Builder writes:
Tort reform would help. As it is now if you go to the Doctor with a cold he is more likly than not to run tests that aren't going to find anything other than you have a cold because of the off chance that you might have something else. How would you handle doctors who are truly guilty of malpractice? What sort of reforms would you enact? Higher deductible are a good thing for a couple of reasons. They make the insured take more care when they decide to see a doctor. In the US it is not unusual for people to go to the doctor when they really don't need to because all it is going to cost them, out of their own pocket at that moment is $30.00. When they do the first issue comes into play. I've always thought it would be nice to have a policy that requires you to pay back any medical expenses in the last six months of your life out of your estate. Most people run up more than half their lifetime medical bills during their terminal illness. If you exclude these bills from coverage, you can dramatically lower premiums. And since you can't take it with you, there no reason not to use the estate to pay the final bills. A better fix than the higher deductable is a Health Savings Account. It has all the systemic benefits of the high deductable and really causes people to take ownership of their health care. People have very little control over whether or not they get sick. Most cannot save enough to pay for major medical care, no matter how hard they try, and no matter how healthy they stay. The first hospital visit will wipe out their savings (as it routinely does already for many people). -- Transpose mxsmanic and gmail to reach me by e-mail. |
#2
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Mxsmanic wrote:
Gig 601XL Builder writes: Tort reform would help. As it is now if you go to the Doctor with a cold he is more likly than not to run tests that aren't going to find anything other than you have a cold because of the off chance that you might have something else. How would you handle doctors who are truly guilty of malpractice? What sort of reforms would you enact? Loser pays for a start. If that is to much for you the jury could be given 3 options instead of 2. 1. For the plaintiff 2. For the defendant 3. This case is so silly the plaintiff AND their attorney needs to pay the defendant's legal fees plus some amount for wasting everybody's time. Higher deductible are a good thing for a couple of reasons. They make the insured take more care when they decide to see a doctor. In the US it is not unusual for people to go to the doctor when they really don't need to because all it is going to cost them, out of their own pocket at that moment is $30.00. When they do the first issue comes into play. I've always thought it would be nice to have a policy that requires you to pay back any medical expenses in the last six months of your life out of your estate. Most people run up more than half their lifetime medical bills during their terminal illness. If you exclude these bills from coverage, you can dramatically lower premiums. And since you can't take it with you, there no reason not to use the estate to pay the final bills. Well the wife or husband might have a problem with that particular idea. A better fix than the higher deductable is a Health Savings Account. It has all the systemic benefits of the high deductable and really causes people to take ownership of their health care. People have very little control over whether or not they get sick. Most cannot save enough to pay for major medical care, no matter how hard they try, and no matter how healthy they stay. The first hospital visit will wipe out their savings (as it routinely does already for many people). Most of those with an HSA would also have a Major Medical policy for things like heart attacks or cancer. |
#3
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Gig 601XL Builder writes:
Well the wife or husband might have a problem with that particular idea. The wife or husband didn't earn the money. They still get the better part of the deal, since they aren't dead. Most of those with an HSA would also have a Major Medical policy for things like heart attacks or cancer. In that case I'm not sure that I see any advantage to it. -- Transpose mxsmanic and gmail to reach me by e-mail. |
#4
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Mxsmanic wrote:
Gig 601XL Builder writes: Well the wife or husband might have a problem with that particular idea. The wife or husband didn't earn the money. They still get the better part of the deal, since they aren't dead. So Anthony, how are you going to divide up assets for your plan that have been built up over 40 or 50 years of marriage between spouses that both worked and invested their hard earned money? I understand that people earning money is kind of a hard consept for you. Most of those with an HSA would also have a Major Medical policy for things like heart attacks or cancer. In that case I'm not sure that I see any advantage to it. Then you ought to do some research. |
#5
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Gig 601XL Builder writes:
So Anthony, how are you going to divide up assets for your plan that have been built up over 40 or 50 years of marriage between spouses that both worked and invested their hard earned money? Good question. Perhaps 50/50--that's the whole idea of marriage, isn't it? -- Transpose mxsmanic and gmail to reach me by e-mail. |
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