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Written by Dr. Jack Wheeler |
Wednesday, 10
December 2008
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As the TTP Weekly Report was being
delivered to your inbox last Friday afternoon (12/05), thanks to
our fine TTP staff, I was undergoing abdominal surgery at
Akta Medika,
a small private hospital in Sevlievo, Bulgaria. I'm writing
this from a hospital bed there right now.
Abdominal surgery is a serious matter, especially when it's done
to repair the errors of a previous surgery ten years ago. So I
didn't come here just because it's 1/20th of the cost
in the US. I came because it's better.
I was born with a congenital condition resulting in an abdominal
or "ventral" hernia which by 1998 doctors said had to be
repaired. Three years later the repair failed. I went to
numerous doctors in the years since, none of whom could explain
what really happened or how this could be fixed for real.
Then two months ago during the TTP Business Expedition to
Bulgaria (Good
News From Bulgaria), I met Dr. Todor Hinov, founder and
owner of Akta Medika. His laproscopic surgeon examined me
carefully, explained my situation and how it could be fixed as
no one had before. Laproscopic repair of such hernias was one
of his specialties.
So here I am, everything went well, I'm recuperating rapidly and
will shortly be as good as new - for a small fraction of the
cost of what US doctors couldn't do. (Check out the
Akta Medika price list to see what I mean. 1.5 levs=1$.
Yes, this entire procedure including private hospital room,
medication, post-op care, etc., is costing me less than a
grand.)
That's not a putdown of American physicians - but it sure is of
American medicine, so completely hamstrung by government rules
and regulations, the nonsense of "third-party providers," and
protections of medical monopolies like the AMA: the antithesis
of free market medicine. Yet if you think it's bad now, wait
until you see what Zerocare does to it.
This is not the place to discuss the specifics of how the
government makes medical care in the US ridiculously expensive,
complicated, and obsolete. It is, rather, to discuss the
opportunities for you to avoid - and even profit from - the mess
that Zero will make so much worse with his and Teddy
Chappaquiddick Kennedy's "Universal Health Care" health fascism.
And to explain the "flanking movement" Republicans can make to
provide an alternative to Zerocare health fascism, saving
Medicare hundreds of billions of dollars in so doing.
You may think that my winging off to Bulgaria for serious
surgery is off the wall, but I'm not alone.
Time Magazine reported last month that 150,000 Americans
flew abroad for medical treatment in 2006, 750,000 last year,
and six million will be doing so in 2010.
Estimates range from $5 billion to $10 billion that Americans
will spend this year (2008) on what's being called "medical
tourism." Soon it's going to $50 billion and beyond.
Which tells you that in addition to your considering being one
of these folks for any expensive health problem, there is a lot
of money to be made here. Real fortunes are being made in
medical tourism, bigger fortunes will be made in the future -
and made outside of the US. This is the combo required for
prospering in the coming collapse of the US economy.
[An aside, wouldn't a good name for the impending Great
Depression II be The O-pression?]
Dr. Hinov (he's president of the Association of Bulgarian
Physicians), for example, is planning a major expansion of
Akta Medica. Believe it or not, given the price list plus
the high quality of its services (e.g., it's one of the best
places in Europe for a hip replacement which costs a total of
$2500), it's amazingly profitable. "Tosho," as Dr. Hinov's
friends call him, is as good a businessman as physician.
[For information on the Akta Medika expansion, contact
my friend of over 25 years, Alex Alexiev, at
alexralex@aol.com
This email address is being
protected from spam bots, you need Javascript enabled to view it
, or 805-237-8063].
In addition to the Akta Medika expansion, we'll be
discussing other global examples of how to profit from the
explosion of medical tourism (such as private hospitals in
Monterey, Mexico) at the
TTP Carefree Rendezvous (Jan. 23-25).
Now let's talk about what the Republicans - or rather those few
among them we call RWBs, Republicans With Balls - can do about
Zerocare.
The list of needed fixes to the American health care system is
very long, and the place for even the top ten is a future
article. (Okay, just one: eliminate the effectivity
requirement for FDA approval of drugs and medical devices. This
would drop the cost of drug approval by a factor of 20. Proving
a drug safe is not what costs over $1 billion and takes
ten years to approve one drug; proving it effective
according to the FDA regs is. Yet it's a doctor's job, not the
government's, to determine if it will work for you.)
So we'll focus instead on one single move the RWBs can make that
can quickly gain the support of millions of Americans while at
the same time doesn't directly oppose Zerocare. Rather than a
frontal assault of opposition, which would fail, it is a
flanking move to marginalize Zerocare by offering an
alternative to it.
It is: allow Medicare and/or Zerocare to pay for medical
tourism. Medicare patients are older Americans who require the
super-expensive operations (such as orthopedic or cardia
procedures). Give these patients the option of going to one of
the
120+ hospitals abroad (the number is rapidly growing)
accredited by the
Joint
Commission International (JCI - the international branch of
the organization that accredits American hospitals participating
in Medicare).
With Zerocare, it's the US government dictating to you what US
medical care you'll get and when. You should at least have a
choice, an option, to opt-out of the US system, and get
world-class medical care elsewhere for a fraction of the cost -
saving the government lots of money.
The Dems will try to demagogue it, but it's hard to argue
against. Already, companies like
Hannaford Bros. in Portland, Maine have learned that it's
much cheaper to fly their employees - plus their spouse or
companion - to Singapore for major surgery. Hannaford saves
mucho thousands of dollars, even including airfare, hotel, and
recuperation/vacation time in Singapore.
Allowing Medicare to pay for medical tourism not only can help
prevent the bankruptcy of Medicare by saving torrents of
billions, it also will force a debate on just why the US
healthcare system is so ridiculously costly and obsolete.
Shouldn't we all be asking just why is world-class medical care
available in places like India, Thailand, the Philippines,
Brazil, Costa Rica, Hungary, Bulgaria and so many other
countries at a fraction of the cost of what it is in the US?
Such a debate will even drag health
(we-don't-make-money-by-paying-claims) insurance companies -
currently
balking regarding medical tourism - into reforming their
Byzantine rules and restrictions. Their huge deductibles, 80/20
ripoffs, and other pondscum maneuvers are such as waste of time
when this entire procedure of mine at Akta Medika is
far less than the deductible alone.
I can hardly wait to get back to DC, and sit down with some RWBs
on how to marginalize Zerocare by providing medical tourism
options to it. It won't be long from now. One week to the day
after my surgery, I'll be sleeping in my own bed. |
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