A Different Health Care Paradigm

What if I told you:

• that you will no longer pay healthcare premiums. Nor will your employer.
• that your employer will add to your salary the amount that he now pays to provide you healthcare insurance coverage.
• that you will no longer pay a Medicare tax.
• that you will no longer pay extra for Part D Rx drug coverage.
• that you will pay next to nothing for all your healthcare needs in a healthy year.
• that you will have free annual checkups.
• that you will receive a cash bonus for years that you improve your health factors (like giving up smoking, losing weight, or exercising semi-regularly).
• that overall, in an average year, you will pay less for healthcare than you would have had you been insured.
• that your doctors and hospitals will charge you much less than they now charge your insurance companies (which finally ends up in increased insurance premiums).
• that your Rx drugs will cost you much less than they cost today.
• that your doctors, your hospitals, and your drug manufacturers will all charge as much as they want to (sounds like a contradiction, right?).
• that the total cost of healthcare in this country will be cut in half. And that total cost will no longer explode from year to year as it has for over 50 years.

How do we accomplish this? By eliminating the middleman of insurance and having you pay for your healthcare products and services out of pocket, allowing the magic of Supply and Demand to set prices. Out of pocket until it starts to hurt, then the federal and state governments chip in and pay part or all your medical bills. No one will ever have to choose between health care and other life essentials.

Nevertheless, despite the benefits mentioned above, the average American will favor so-called FREE healthcare, even though FREE healthcare will cost him much more (in premiums, taxes, and co-pays) than this plan.

Notes:

The average annual cost of health insurance in the USA is $7,470 ($622.50 / month) for an individual and $21,342 ($1778.50 / month) for a family as of July 2020, according to the Kaiser Family Foundation – a bill employers typically fund roughly three quarters of.

U.S. health care spending grew 4.6 percent in 2019, reaching $3.8 trillion or $11,582 ($965.17 / month) per person. As a share of the nation's Gross Domestic Product, health spending accounted for 17.7 percent.

See Call It Ben’s Care for details.