| The total US healthcare expenditure in 2010 has been estimated to be in excess of $2.8 trillion with a per capita figure of $9,000 or more. In most of the European countries and Japan, per capita healthcare cost is $2,500 to $3,500, and in India, only $200. |
| The cost in the US is exceedingly high because of multiple factors. The main reasons are bureaucracy, government involvement, no accountability of the cost aspect, fraud, and over utilization. It is a common knowledge in the medical world that about 50-60% of the fees paid by the patients doesn’t go to the physicians or hospitals but is wasted towards the Government and insurance companies’ pockets. How many of us 300 million Americans know that? This so called ‘overhead cost’ is a cancer that is eating away the system and none of the programs proposed by Democrats and Republicans will correct these structural problems. Affordable Care Act will actually make it many times worse. |
| It is imperative that ‘We The Patients’ propose a bold program containing steps designed to tackle these issues and potentially reduce entire healthcare bill for the nation by at least 20% or more. |
| Outside the medical world, very few people, including politicians and the general public, have any idea what this overhead cost means. Basically, it is the money wasted towards bureaucracy, unnecessary record documentation, unnecessary medical procedures, and fraud. Ask any doctor this question- What would it cost for him to provide you same treatment if there was no third party involved between you and him/her? You will be shocked to learn the answer – 30 to 40% less!! So basically every time we are sick, the system that exists now, forces us to pay 40% more than needed. Who is responsible for this system? “It is the government, stupid!” Sadly, most insurances companies and the AMA are equally to blame for joining the gravy train that has been robbing life and blood out of us Americans. None of this existed prior to the Medicare era. The doctor’s offices and hospitals used to be places where you smell medicine and see doctors and nurses helping their patients. Now you see lot more clerical people with clipboards while nurses and doctors are buried under mountains of paperwork or tied up in ‘meetings’ with bureaucrats. This system has also resulted in serious diversion of doctor and nursing time from actual patient care while attempting to comply with various mandates. |
| Overregulation has resulted in tremendous amount of excess cost that feeds huge bureaucracy and many layers of different interest groups that are not wanting to let it go and will fight tooth and nail to maintain status quo, so they can keep profiting from it. This is the money out of your pocket that is not spent for the treatment of your sore throat or pneumonia or heart surgery but is simply wasted to fulfill government and insurance mendates. Your doctor will tell you that these massive burdens of regulations are actually hurting your care by distracting doctors and nurses away from patients while they are being forced to comply with unproductive tasks. This is nothing but a form of bureaucratic terrorism created by our own elected representatives. |
| Our nation will commit economic suicide if ‘we the people’ fall for similar scheme (Affordable Care Act) being presented to us by clueless politicians with socialistic agenda. We are being asked to believe that the very same people responsible for creating this mess will solve it by “more of the same” |
| The answer is clear. We need to simplify the system with patient controlled electronic records, easy and transparent payment system, cost control exclusively by the patient and the doctor with decisions supported by evidence-based science and without any third party influence. Via this mechanism we can free up at least 30% of the entire healthcare expenditure, which will go directly back to the free market rather than in the hands of corrupt Government and fat cats that rely on bigger Government programs. |
| Hundreds of billions of dollars thus saved will infuse much needed capital back to the free market. With already existing infrastructure of most advanced hospitals and state of the art diagnostic centers across all over the nation this new money will create an unprecedented boom in the healthcare industry bringing patients from all over the globe to America for the best treatment they can get at the best price anywhere in the world. |
| This is what America’s Genius is about and now it is in the hands of the people to let it shine or get choked by the Government. ‘Code blue’ is called and team America needs to take over the control. |
| We have surveyed more than 2,000 patients and more than 150 physicians over the last several years, and the findings are surprisingly in favor of such action.The new system that we propose will allow the patient a direct access to the physician or his/her nurse. The physician will be able to spend all his time providing direct patient care and receive payment without having to maintain complicated billing system. |
| Hunger for such change is extremely high among the general public and the physicians alike according to our survey. The healthcare leaders can strike into the heart of this matter with this new program and offer common sense alternative to Affordable Care Act or Obamacare.
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