This applies to US healthcare, where costs of health services are 10 times above what it should be.
Here's an unusual point of view and solution to fix the problem. This applies to individuals rather than healthcare providers:
- Set up, and stick to a budget of no more than $2,000 a year for official (AKA FDA approved) healthcare services
- Set up a $20,000 emergency fund for special healthcare expenses
- If you really want health insurance, get one with a very high deductible. If you don't, use religion exemptions: you can join our mathematogy "religion" (not really a religion indeed), which states that you should stay away from mismanaged, inefficient, analytic-poor system run by people with conflicts of interests
- Get treatments and/or drugs from Canada, India, Mexico (make your due diligence to identify good providers)
- Remember that you know your body better than your doctor does
- Improve your lifestyle: no more sugar, salt, fat, extra calories etc. But more exercise, hiking, reducing home temperature etc.
- The three P's: Prevention, Prevention, and Prevention
- Check alternate, non conventional solutions (herbs, acupuncture etc.)
- Manufacture your own drugs (antibiotics and many drugs are not too difficult to manufacture)
- Crowdsourcing: find out what other people post on the web about your ailment, and learn how to identify reliable information sources
- Refuse unecassary and expensive tests when visiting an hospital
- Think about conflicts of interests: your doctor will be better off if she keeps you sick
- The healthcare system in US is 10 times more expensive than it should be: are you addicted to it? Learn how to detoxify from the system
- The issue is not about expensive health insurance: it is about incredibly expensive healthcare: would you agree to pay a $10,000 yearly tax to drive on highways?
- Why should we finance the healthcare of smokers, drug addicts, sugar addicts, burger eaters, bad drivers, alcoholic etc.
- Would you rather pay $100,000 to live another 6 months in terrible pain in an hospital, or die earlier and give that money to your kids instead?
- Try abandoning your health insurance for 3 months: initially it might look scary (like when you stop smoking), but after a while, you'll feel financially much better and not stressed out. It is unbelievable what you could do with all the money saved (but keep saving money for your health care, and keep getting much more knowledgeable about your heath and how to fix problems)
- If you are a business owner, just think of how much better you could be without subscribing to a rotten healthcare system
- You still need to take care of your health: learn about how to diagnose yourself, find alternate medical solutions, and learn how to cure yourself
- The healthcare system was working perfectly between 1910 and 1970: it does not mean it will work perfectly well for everybody for ever: its efficiency went down more than 60% between 1960 and 2010.
- What about this idea for a new clinical trial: two cohorts over a 30 years time period. (a) Test group: people who refuse to spend more than $2,000/year (or more than $20,000 per year in any 5-year time period) (b) Control group. Test of Hypothesis: either test group has same life expectancy as control group, or test group has very slightly lower life expectancy but better quality of life and better financial outcome for kids
- My wife awoke one day with a strong heart pain, went to the ER, spent one hour; hospital found nothing wrong, charged $5,000 - $4,000 was paid by her health insurance and we paid $1,000 to the hospital (they claimed they never received the payment)
- My wife was very sick in Philadelphia - I flew her back home and tried to get an appointment with a doctor ASAP - the clinic said the appointment I was trying to get was ILLEGAL (contact me for details in case you think I am making this up)
- I had an accident where all my friends thought I had a broken foot and I should go to the hospital - I did nothing, was in serious pain for a couple of days, but after 3 weeks everything was back to normal: total cost $0
- I had an eye condition that I can best describe as "blindness in one eye when sleeping" (you awake in the middle of the night and you are blind in one eye for one very scary 60 seconds). Symptoms look like a mini-stroke and it says that you should see a doctor urgently - yet I got this a few times and based on my analytic judgment, I believe it is a non-threatening pressure issue in the eye with a quick fix that cost nothing (sleeping in a different position)
- Only one out of 20 of my family members (parents, grand parents, etc.) benefited from expensive healthcare services - all others died between 69 and 78 years old and either never went to an hospital, or spent a few months at considerable expenses with no benefit to anybody except the hospital
- Look around you: how many of your family members of friends truly benefited from US healthcare in the last 4 years, vs. those who lost tons of money for nothing