Basic routine outpatient health care is cheap unless you have insurance. A private non-governmental base program will reduce health care costby admin on 04/28/2020 8:11 PM
I’ve been evaluating a private non-governmental base program to reduce health care cost. My premise is that basic health care is very cheap unless you run it through an insurance company which makes a fortune on this type of coverage.
Just looking at data from my 45 years of pulmonary practice, I came to the conclusion that if people paid for their office visits, lab and x-rays out of pocket, it would be cheaper than paying for it with insurance.
I came up with a schedule of deductibles based on the decade of life. We use minimal health care during midlife than later and it would appear that the basic health care costs for each decade of life could be averaged. Insurance quotes were generally three to four times the amounts given below:
My patients in the third decade of life would easily be covered for office calls and routine lab & x-rays for $300 per year. Then the only health insurance we would need in America would be for costs above this basic average
In fourth decade of life, $400 per year would appear to cover your basic health needs.
In the fifth decade of life, $500 per year would appear to cover most people’s basic health needs.
In the sixth decade of life, $600 per year would appear to cover most people’s basic health care needs.
In the seventh decade of life, $700 per year would appear to cover most people’s basic health care needs.
In the eighth decade of life, $800 per year would appear to cover most people’s basic health care needs.
That’s far cheaper than most insurance policies for total health care. Then if one finds a major insurance policy that would accept that as the deductible, everyone could be covered with only a relatively inexpensive major medical plan that covers necessary medical hospitalization, surgical care, and trauma with ER care.
We can’t live on tax supported programs 35 years longer than for which they were projected to cover.
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