As we near the end of 2016, there are multiple reports that health care premiums are going to spike 25% and people are outraged…except for the ones that made the policy and these people below.
If you’re upset and frustrated about your premiums going up, stop. You should be exponentially more pissed off over the products and services your premiums are providing. But I’ve never met an insurance broker that goes over the unfeatures of your insurance coverage.
The part that baffles me the most is that people seem to ignore that they are paying a higher premium to access a system that is great in emergencies but has failed miserable in health promotion. In other words, you keep paying more for access to a system that will NEVER get you better. It’s about as effective as paying your monthly minimum balance on a 12% interest credit card and expecting to get out of debt.
Our traditional healthcare system provides 2 options. Drugs and surgery. The companies that create and supply the products for your doctor to perform a service are publicly traded companies. Regardless of the industry, a publicly traded company has one goal and that is to create profits for the shareholders. When a company engages in activities that purposely lower the profits to shareholders, this is called fraud. This is illegal.
If a pharmaceutical company were to create something that made you healthy and therefore created less need of their product, this would lower profits. In other words, they would be actively lowering the profits of the shareholders, which is illegal. Providing a cure would be fraud.
