WITHOUT THE NEED OF ALWAYS SEEING A PHYSICIAN

PERSONAL SELF-DIRECTED HEALTHCARE WITHOUT THE NEED OF ALWAYS SEEING A PHYSICIAN

The primary reason for which we see a physician for medical care is reasonably well defined.
As a child we need periodic well-baby exams and well-baby care. This includes our basic immunizations which are normally scheduled during the first decade of life, but not during the first year.

This is a well-known cost. Known costs do not impose an unknown financial drain on the family’s income. It may not be cheap, but insurance will not make it cheaper. It will only add a layer of insurance costs. Insurance is only for the unknown and unexpected costs of the item being insured.

Thus, we need medical insurance for the unexpected costs of hospitalization for major unexpected diseases such as heart attacks, strokes, surgeries, accidents, and trauma.

This should be no different than the insurance we purchase for our car, homes, and other property.  

For instance, auto insurance is only for the unknown and unexpected costs of driving an automobile. These include such unexpected costs of collisions, accidents or hail damage. It is not for the routine and known costs for maintenance of your automobile for such items as tires, gasoline, oil, engine tune up or over-haul, painting or the usual repairs needed.

Property insurance is only for the unknown and unexpected costs of owning property such as a house. This includes the unexpected costs of floods, wind, (cyclones, tornadoes, hurricanes, monsoons) and fire. It is not for the routine, expected. and known costs of maintenance such as painting, roof repair or replacement, plumbing upkeep, heating, and cooling.

Similarly, medical insurance is only for the unknown and unexpected costs of our bodies. Therefore, medical insurance is for the unexpected costs of surgery, trauma, medical emergencies such as heart attacks or strokes which require hospital care.

It is not for the routine and known costs of health maintenance such as annual physical examination, basic laboratory tests, perhaps a chest x-ray or electro-cardiogram at a certain age, occasional booster shots for certain immunizations, occasional special exams for vision or hearing at a certain age with symptoms.

Using the criteria that health maintenance organizations use is well known. These costs of basic care can be predicted. The detailed costs are expanded in part IV of this book.  An introductory overview is as follows.

Using the average available cost projections, during the period from age 20 to 29, the third decade of life, the cost is approximately $300 per year or roughly $3,000 for this decade. The cost of insurance during this same period could average $300 per month, or $30,000 for this decade.

Using the criteria of health maintenance organizations, in your thirties the costs can also be predicted. Using the average available cost projections, during the period from age 30 to 39, the fourth decade of life, the costs are approximately $400 per year or roughly $4,000 for this decade of life. The cost of insurance during this same period could average $400 per month, or up to $40,000 for this decade.

Continuing to use the criteria of health maintenance, as outlined in HMOs, the cost of basic care can be reasonably predicted. Using the average available cost projections, during the period from age 40 to 49, the fifth decade of life, the costs are approximately $500 per year or roughly $5,000 for this decade of life. The cost of insurance during this same period could average up $500 per month, or up to $50,000 for this decade.

Continuing the experience that health maintenance organizations use, the costs of basic care can be reasonably predicted. Using the average available costs projections, during the period from age 50 to 59, the sixth decade of life, the costs are approximately $600 per year or roughly $6,000 for this decade of life. The cost of total insurance during this same period could average up to $600 per month, or up to $60,000 for this decade.

There are more tests and exams required as we age. During our 60s, age 60-69, the seventh decade of life, the basic cost is approximately $700 per year or roughly about $7,000 for this decade of life. Basic total health insurance could average $700 per month or possibly more than $84,000 for this seventh decade of life.

Since Medicare is scheduled to go bankrupt in the next decade or so, and with all the increasing restrictions in coverage as well as slowly advancing the age of onset currently 67, but will likely go to age 70 in a few years, more Americans will choose to continue with high deductible private insurance care with better coverage than Medicare by continuing to pay their own basic high deductible coverage in their 70s of $700 per year which will make it $7,000 for this decade of life monitoring their own health care costs. The continuing costs of major high deductible health insurance will likely be less expensive and more complete than Medicare premiums post-bankruptcy reorganization.

You will always feel more secure in having your personal major medical insurance for surgery, trauma and emergency medical care requiring hospitalization than relying on any government program. Americans will find it hard to believe that as we age, we became healthier and live longer and will be able to afford private health care with high deductible health insurance into our ninth decade of life.

Americans will find it extremely hard to believe that they’ve been hoodwinked for more than 60 years by the hysteria that without insurance no one can afford health care, and you will face bankruptcy and be destitute of health and die early.

Hence, Americans will find it unbelievable that health care is affordable without government involvement in our 60s. 70s and 80s when Medicare premiums could no longer be affordable.