ObamaCare (PPACA), RomneyCare and the Health Exchanges are all premised on the false assumption that insurance is the only way to fund health care.
I contend that the easiest way to challenge this assumption is to create an alternative to pooled insurance.
So, I created a mathematical model called "The Medical Savings and Loan." This model proves that it is possible to provide modern health care on a fee-for-service basis through a system of health savings accounts supplemented by loans and grants.
The Medical Savings and Loan restores the pricing mechanism in health and will lead to tremendous cost-savings along with a tremendous improvement in health care for the working class American.
The central feature of the program is a new position called the "Health Care Advocate." This position replaces the insurance agent, claims adjuster and medical transcriptionist position in insurance.
The primary difference between an insurance agent and the advocate is an insurance agent works for the insurance pool, while the health care advocate works directly for the clients in the MS&L.
This structural change comes by restructuring the accounts. With insurance, people place their health care resources in a pool owned by the insurance company. With the MS&L, people directly own their health care resources.
The positions follow the money. In standard insurance, a large corporation owns the resources; so insurance agents work for the insurance company. In the Medical Savings and Loan, people keep the bulk of their health care resources; the advocates work with their clients ... the people.
The Health Care Advocate Association™ is still in its organizational stage. If you wish to join the organization, please contact me for instructions. Joining the organization will cost one dollar (as defined in the Coinage Act of 1792).
The initial goal of the organization is to host an organizational meeting. Members of the organization will be polled and asked when and where to hold the organization meeting. The official web site of the HCAA is HCA.me.