[Ipg-smz] GoFundMe and Medical care

Kishore Jethanandani kishorejethanandani at gmail.com
Thu Jun 27 19:35:30 UTC 2019


Europe gets its medicines and medical equipment at a discount, in most
cases from the USA, by exercising its monopsony purchasing power since a
single buyer is purchasing the supplies. US patients pay a premium that
subsidizes European medical services. More than 80% of the innovation
happens in the USA or is paid for by its pharmaceutical companies. Starting
with the UK, the USA is insisting that free trade agreements also open up
medical markets. It is an exciting time for global healthcare.

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On Thu, Jun 27, 2019 at 12:22 PM Pedro Pereira <pedrocolumn at gmail.com>
wrote:

> I always look to Walmart for cues on how to treat employees or give them
> benefits. What a joke.
>
> Say what you want about healthcare in Europe and Canada. I'm a dual
> citizen. I've landed in the ER here and my native country in the same year.
> One instance cost well over $2,000 and the other under $200. I'll let you
> guess which was which.
>
> Healthcare coverage that hinges on whether you're employed is, simply put,
> stupid.
>
> On Thu, Jun 27, 2019 at 2:33 PM Kishore Jethanandani <
> kishorejethanandani at gmail.com> wrote:
>
>> Employers for too long have delegated healthcare to the HR department
>> with disastrous consequences. CEOs have been amiss in taking a strategic
>> approach to cost control. Under ERISA, they have a fiduciary responsibility
>> to provide the best care for their employees but they are conspicuously in
>> breach of the law. So some people are preparing a lawsuit to take them on.
>>
>> American employers are too smart to fall for the fairy tales from Europe
>> and Canada about universal healthcare. They are starting to take matters in
>> their hands and lower costs by innovation. Not the ridiculous top-down
>> introduction of EMRs that has caused nothing but grief to doctors and
>> patients. Innovation that provides better value for money.
>>
>>
>> https://www.employeebenefitadviser.com/news/walmart-boeing-facebook-partner-to-innovate-healthcare?fbclid=IwAR2Dy_BHIbJJFtU6_mT6GjI5L6pCMcBadn6D8Cicwdv97Zm3J1C5U2376bk&regconf=1
>>
>>
>> Kishore
>>
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>> <https://mailtrack.io?utm_source=gmail&utm_medium=signature&utm_campaign=signaturevirality5&> 06/27/19,
>> 11:31:12 AM
>>
>> On Thu, Jun 27, 2019 at 9:40 AM Dana Blankenhorn <
>> danablankenhorn at gmail.com> wrote:
>>
>>> The whole question of health care is, in the end, about technology and
>>> the ends to which it will be put.
>>>
>>> Universal health care is possible thanks to technology that makes quick
>>> diagnosis and treatment of most conditions efficient. Many countries have
>>> used this to extend health care coverage across their populations, focusing
>>> on saving money for the whole and letting technology advances push
>>> lifespans forward on their own, with government (in the form of expert
>>> panels) deciding when new treatments will become available.
>>>
>>> The U.S. has chosen another path. We do have a system whose aim is to
>>> give simplified health care services to a defined set of people at the
>>> lowest possible cost. That's the Veteran's Administration. But for the most
>>> part, we've treated life the way China treats speech, as something to be
>>> given only to the economically privileged, through an eye dropper.
>>>
>>> Most of us have covered technologies, like open source and Electronic
>>> Health Records, that can deliver reliable health care, based on data, to
>>> every citizen. But so far our medical industries, which consume nearly
>>> one-fifth of our GDP, have successfully resisted the implementation of
>>> money saving technology, with the political argument that life is a
>>> privilege and not a right. (Not going into that here. Sorry.)
>>>
>>> As a business reporter, I'm more interested in how long businesses will
>>> continue to bear this burden. It costs twice as much for my wife's employer
>>> to cover her basic health needs through insurance than it costs their
>>> European competitors. Half. That's a "tax" businesses do indeed pay.
>>> They've tried to miminize this in many ways, but throughout this decade
>>> resistance from the medical industries has kept them from making much
>>> progress.
>>>
>>> How long before business throws in its hand and demands our system
>>> replicate that of our economic competitors? That's a story. I'm only sorry
>>> I'm not following it as closely as I might any more.
>>>
>>> Dana Blankenhorn
>>> http://www.danablankenhorn.com
>>> http://investorplace.com/author/danablankenhorn/
>>> https://www.kiplinger.com/fronts/archive/bios/index.html?bylineID=631
>>>
>>>
>>>
>>> On Thu, Jun 27, 2019 at 11:41 AM Steven J. Vaughan-Nichols <
>>> sjvn at vna1.com> wrote:
>>>
>>>>
>>>> Quoting Kishore Jethanandani <kishorejethanandani at gmail.com>:
>>>>
>>>> > Also, GoFundMe does a lot of funding for patients who are unable to
>>>> pay for
>>>> > treatments
>>>> >
>>>> While it can help some people, it helps a lot if you have a good story
>>>> and you know how to sell it.
>>>>
>>>>
>>>> https://www.newyorker.com/magazine/2019/07/01/the-perverse-logic-of-gofundme-health-care
>>>>
>>>> This is Not how health care should work.
>>>>
>>>> Steven
>>>> --
>>>> Steven J. Vaughan-Nichols
>>>> Writer
>>>>
>>>>
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>>
>>
>> --
>> Kishore Jethanandani
>> Aboutme <https://about.me/kishorejethanandani>
>> Futuristlens <http://www.futuristlens.com>
>> FuturistLens Magazine on Medium <https://medium.com/@FuturistLens>
>> FuturistlensPredictions <https://futuristlenspredictions.wordpress.com/>
>> eyeCam <https://wefunder.com/eyecam>
>> Telco Transformation
>> <http://www.telcotransformation.com/author.asp?section_id=401&doc_id=726647>
>>
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-- 
Kishore Jethanandani
Aboutme <https://about.me/kishorejethanandani>
Futuristlens <http://www.futuristlens.com>
FuturistLens Magazine on Medium <https://medium.com/@FuturistLens>
FuturistlensPredictions <https://futuristlenspredictions.wordpress.com/>
eyeCam <https://wefunder.com/eyecam>
Telco Transformation
<http://www.telcotransformation.com/author.asp?section_id=401&doc_id=726647>
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