The American experiment was about self-rule and self-ownership. The US Founders had a vision of an ownership society in which free people with property rights owned and built a better society.
In an ownership society, people provide for their health care by building equity in times of health for use in times of need.
Intellectuals despise owners as bourgeoisie and work feverishly to create a world free of ownership. One of the most successful devises in this political system X is a device called insurance.
Insurance replaces ownership with a complex nexus of contracts. Rather than owning and building equity to pay for care, insurance has people place their health care resources into a pool with the promise that they can pull resources from the pool when needs arise.
The predictable effect of placing all of our health care resources into a pool is that insurance concentrates wealth in the hands of the power players that control the pool and the people become subservient to the owners of the pool.
The insurance regime leads directly to a class society and growing gap between rich and poor.
Even worse, the society loses the edge it had as a ownership society.
I confess, the real goal of the Medical Savings and Loan is to restore the ownership society by replacing insurance with a structured savings program. The program takes the same money that goes into insurance and puts it into savings accounts. It will be common for policyholders to have more than $100,000 in savings.
What will people do with all of this money?
They will own things. If millions of people dumped insurance in favor of savings, we would have a broader distribution of ownership that would counter the concentration of ownership created by the insurance regime.
Sadly, in a day when people have been trained to expect socialism, I am finding it incredibly difficult to convey the message that an ownership society can fund more health care than a feudal society.
The goal of the medical savings and loan is to start a conversation. The entry Open Mic on my other blog shows the directions one can take this conversation.
Unfortunately, since I am talking about health care from a perspective that people are unfamiliar with, I fear that few understand my arguments. Hopefully, I will someday find someone who wants to talk free market health care reform.
I keep ending all of my posts with links to my contact form. If someone was interested in restoring the concept of ownership, they could contact me for a presentation on this concept that made America a great nation.