big insurance Archives

submitted by jwithrow.

Journal of a Wayward Philosopher
On Allopathic Medicine and Universal Health Care

July 22, 2015
Hot Springs, VA

The S&P closed out Tuesday at $2,114. Gold closed at $1,103 per ounce. Oil checked out just under $51 per barrel, and the 10-year Treasury rate closed at 2.37%. Bitcoin is trading around $278 per BTC today.

Dear Journal,

The big news in the markets this week is gold’s staggering fall. The reason: nearly 5 Tonnes of gold was unloaded on the Shanghai Gold Exchange within a two minute window during the Asian trading session on Monday. This activity represented nearly 20% of the average daily trading volume in gold on the Shanghai Exchange – all within a two minute window. Nearly simultaneously, 7,600 contracts of the August 15 gold contract sold off on the COMEX within a two minute window as well. Somebody knows something. Nevertheless, this pullback looks like a great buying opportunity to me.

Las week we examined ways to disintermediate the State and I suggested holistic wellness as a means of distancing yourself from the corruption and cronyism that manifests in the relationship between allopathic medicine and its lobbies, big pharmaceutical corporations and their lobbies, big health insurance corporations and their lobbies, and the federal government and its regulatory agencies. You could potentially throw Wall Street and the big agriculture corporations into this mix as well for the roles they play in perpetuating the sickness paradigm.

Here’s how it works in a simplified nutshell: the allopathic medical establishment (AMA) preaches a hyper-interventionist mentality that focuses on prescribing drugs for every illness – real or imagined. Big-Pharma provides the drugs and constantly develops new drugs for the temporary treatment of symptoms. Big-Insurance sets the reimbursement figures for each drug and each treatment thus incentivizing certain practices. All three fund massive lobbies that exert influence upon the FDA and other State-regulatory agencies which in turn protect the established interests from competition and law suits. For their part, Big-Agra manufactures a huge variety of unhealthy food products that help keep people sick which leads to more doctor visits and more drugs. Wall Street keeps the pressure on Big-Pharma and Big-Agra to grow revenues which incentivizes marginal innovations and aggressive marketing campaigns. This system does not seek to improve health, it seeks only to treat sickness symptoms over and over again. Continue reading “On Allopathic Medicine and Universal Health Care”

submitted by jwithrow.

Journal of a Wayward Philosopher
A New Healthcare Model?

November 5, 2014
Hot Springs, VA

The S&P opened higher at $2,019 this morning, gold has been hammered down to $1,143, oil is hanging around $77, bitcoin is up to $341, and the 10-year Treasury rate is coming in at 2.36% today.

Gold continues its decline despite this philosopher’s staunch support. Nothing has changed with gold’s fundamental role within the financial system; gold’s price decline is directly due to the U.S. dollar temporarily rising in strength. In fact, thinking of gold in terms of its dollar price tends to be misleading – the dollar fluctuates up and down depending on which way the breeze is blowing while the yellow metal continues to plug steadily along much like the fabled tortoise against the hare. Slow and steady wins the race.

Last week I shared with you wife Rachel and my childbirth experience. The focus of my previous entry was on the actual birth experience itself and I described the fantastic healthcare service we received from our midwife and doula.

What I failed to emphasize was that our healthcare team provided so much more value than simply helping us through the birth process. They provided sound counseling, education, support, and wellness monitoring throughout the entire nine month period leading up to the birth. They offer these same comprehensive services for an entire six week period post-birth as well. Additionally, our midwife has been a reliable resource for us at all hours of the day – wife Rachel has sent her many questions via text message both before and after birth to which she received a prompt answer. Further, our midwife has offered to answer any questions we may have at any time going forward, even beyond the six weeks of post-partum services we paid for.

And speaking of payment – we paid for these services in cash without having to deal with any insurance companies. The entire experience harkens me back to a by-gone era of relative freedom in which small-town family doctors made house calls and actually cared more about their patients than their pharmaceutical sales rep.

What seems to be forgotten is that health insurance was designed to mitigate major catastrophes; it was not designed to pay for every dime of medical care and every new drug that rolls off the production line. Of course the entire health insurance industry has been corrupted, twisted, convoluted, and mangled into some form of a socio-fascist system that seeks to govern and dictate all manners of health care to individuals. Oh, and in exchange for such a tyrannical system individuals get to pay skyrocketing prices for their insurance policies. I read that employer open-enrollment periods were pushed back this year until after the midterm elections – presumably so voters wouldn’t know how high their premiums were planning to jump prior to the election.

The only possible result of the cartelization of the healthcare industry by the big-government/big-insurance/big-pharma alliance is a drastic reduction in the quality of care available and a drastic increase in the price of this care. I don’t know what the solution is for the poor Baby Boomer generation that will see their healthcare costs skyrocket at the exact point in time they need care most. I suppose they can continue trying to vote the system away and I wish them the best of luck in that endeavor. But I don’t think there are political solutions to political problems.

There may be a little more hope for the younger generations: they may be able to “opt” out of the system as it gets worse by avoiding insurance and paying cash for medical care. I suspect we will see certain doctors offer contractual services similar to how our midwife runs her practice. Instead of going through the insurance company, people could pay monthly installments to their doctor in exchange for personalized service. This service could include an open line for phone calls and text messages, house visits as needed, or maybe even after-hour office visits with no waiting room to sit in.

To my knowledge (and I am certainly no expert) there is nothing illegal about such a model at the current time – the Obamacare mandates apply specifically to insurance-related care. Of course this model would become obsolete if the gun-toting health enforcers start kicking in doors and hauling people off to jail for taking charge of their own healthcare. Until then, why not regain individual sovereignty and opt out of the system to the greatest extent possible?

More to come,

Joe Withrow
Wayward Philosopher

For more of Joe’s thoughts on the “Great Reset” and regaining individual sovereignty please read “The Individual is Rising” which is available at http://www.theindividualisrising.com/. The book is also available on Amazon in both paperback and Kindle editions.