Free Market Health Care = NOT!

Free Market Health Care = NOT!

By Nate Kaufman

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Mask-Up Tramsmission Facts and Risks?

Corona Virus Transmission Risks

By staff reporters

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What is the “Good-Rx” Business Model?

By Anonymous

Good Rx makes money by perpetuating the, artificially set, high sticker prices of medications and receiving a portion of Pharmacy Benefits Manager [PBM] fees.

How it Works

GoodRx taps into PBM network for their “discounts” off of sticker price (e.g. Express Scripts, Optum Rx, Navitus … etc)

Consumer pays the newly “discounted” drug price.

Pharmacy pays PBM fee.

PBM pays GoodRx portion of the fee.

Good Rx adjusted EBITDA in 2019: $160 Million

Good Rx 2020 revenue is up 48% first half of 2020 – $257M

IPO: https://mobile-reuters-com.cdn.ampproject.org/c/s/mobile.reuters.com/article/amp/idUSKBN24Y0N6

Opinion:

This is not market value.

This is another hand in the cookie jar keeping healthcare prices artificially high.

The consumer is the one ultimately harmed.

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Product DetailsProduct Details

What Makes Us Healthy?

WHAT WE SPEND ON BEING HEALTHY!

By Anonymous

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“Trump-Care” Ads on Facebook and Google?

ProPublica

The thousands of “Trumpcare” ads Facebook and Google have published show that the shadowy “lead generation” economy has a happy home on the platforms — and even big names like UnitedHealthcare take part.

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HOW STOCKS WORK – In Brief?

IN SHORT

By FMG, LLC

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Financial Planning MDs 2015

On ZOOM Fatigue!

ZOOM IN – ZOOM OUT

By: Staff reporters

“Lately, Zoom meetings have been hitting a nerve with CEOs”.

JPMorgan Chase CEO Jamie Dimon says there’s no vital “creative combustion” happening in virtual settings. American Airlines CEO Doug Parker finds Zoom meetings awful.

And Microsoft CEO Satya Nadella calls them transactional, where “30 minutes into your first video meeting in the morning … you’re fatigued.

“What we as human beings need, want, seek … is human contact,” Nadella says.

Now members of the C-suite have gone full boomerang on Zoom meetings. After finding them awesome and productive at first, they’re now questioning how much they really achieve and are suggesting they lead to a sterile work culture lacking in imagination.

Dimon is particularly worried about how working from home has affected JPMorgan’s younger employees. He told analysts that productivity had dipped, especially on Mondays and Fridays. Dimon says bringing people back to the office is paramount to fostering creativity.

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“The bloom is clearly off this rose.”

The Pandemic “SAF[ER]” Classroom?

NOT Absolutely 100% Safe – But Much Saf[er]?

By Anonymous

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THE “Corona Class Room”

Safety Measures to Date?

By Anonymous

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Inside the “Fall” of the CDC?

By Pro Publica

LINK:

https://www.propublica.org/article/inside-the-fall-of-the-cdc?utm_source=pocket-newtab

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Your thoughts are appreciated!

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State with Lowest Un-Insured Rates

The Top Five States with the Lowest Adult Un-Insurance Rates

CIRCA 2019

By http://www.MCOL.com

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Navigating Relationships and Communication in 2020 (Web 2.0, 3.0 and beyond)

Navigating Relationships and Communication in 2020 (Web 3.0 and beyond)

By Joseph Prokop

CERTIFIED FINANCIAL PLANNER©

CERTIFIED MEDICAL PLANNER© (candidate)

http://www.CertifiedMedicalPlanner.org

 

We are able to connect and communicate in more ways than ever before, and yet we seem more disconnected, divided, and confused than ever before. Yet, if we get caught in the trap of watching the same news channels and getting our data from the same source, then it is ineventible that our views and perspectives start to be swayed in that particular direction. Almost everyone is on a social media platform of some sort if they aren’t on all of them. Once you share or like posts, the algorithms go to work to show you things they know you will like and engage in even if that puts you inside an echo chamber of ideas and thoughts that prevent us from having any meaningful dialogue around complex issues.

When it comes to investing and financial planning in 2020 there is an abundance of information and resources. There are discount brokerage firms that allow you to trade stocks for free. Firms are offering world class educational materials, webinars, seminars, etc. It seems everyone who can fog a window has articles on the internet about investment strategies and ideas – from pot stocks, to crypto-currency, to Roth conversions, etc. It can be daunting trying to figure out where to go and who you can trust.

The truth is there is no one best way to use these tools, resources, and the vast amount of technology at all of our fingertips. But there is just one rule – As the novelist E.M. Forster said, “Only connect.” I’ve been asked a million times if I have a ‘stock tip’ or ‘hot idea’ by friends, family, and clients. 

My recommendation as it relates to investing and financial health is always to develop a financial plan and stay the course. Just as there is no perfect solution for connecting and communicating, there is no perfect investment for everyone.

Now, regarding communication – you can take your pick: You can communicate via blogs, tweets, chat rooms, Facebook, and other social networks.

Or, when investing you can take your pick as well: you can do it yourself and utilize stocks, bonds, funds, ETFs, options, etc. Or, you can have someone do it for you to help keep the emotions out of investing and help keep your plans on track.

CONCLUSION: And so, whether we are talking about connecting and communicating online – or whether we are talking about financial planning or investing my main point is to get started. There are tons of benefits between social connection and good health. There is a ton of correlation between financial piece of mind and good health. So, take an inventory of the tools at your disposal, and let’s discuss some plans and goals for you, and let’s get to work.

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Economic “Schools of Thought”

Competing Philosophies

By staff reporters

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Major Health Insurance Plans

Employer Rankings

[By staff reporters]

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“Medical Management and Health Economics Education for Financial Advisors”

CMP® CURRICULUM: https://lnkd.in/eDTRHex
CMP® WEB SITE: https://lnkd.in/guWSApq

Your thoughts and comments are appreciated.

BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:

1 – https://lnkd.in/ebWtzGg

2 – https://lnkd.in/ezkQMfR

3 – https://lnkd.in/ewJPTJs

THANK YOU

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Historic US Economic GDP Slowdown

Amid Corona Virus Pandemic

By staff reporters

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“Medical Management and Health Economics Education for Financial Advisors”

CMP® CURRICULUM: https://lnkd.in/eDTRHex
CMP® WEB SITE: https://lnkd.in/guWSApq

Your thoughts and comments are appreciated.

BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:

1 – https://lnkd.in/ebWtzGg

2 – https://lnkd.in/ezkQMfR

3 – https://lnkd.in/ewJPTJs

THANK YOU

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Psychological Tricks and Tactics Used to Entice People to Buy More Stuff!

29 Tricks

By staff reporters

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PE Ratio versus PEG Ratio

PE versus PEG

By staff reporters

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“Medical Management and Health Economics Education for Financial Advisors”

CMP® CURRICULUM: https://lnkd.in/eDTRHex
CMP® WEB SITE: https://lnkd.in/guWSApq

Your thoughts and comments are appreciated.

BUSINESS, FINANCE, INVESTING AND INSURANCE TEXTS FOR DOCTORS:

1 – https://lnkd.in/ebWtzGg

2 – https://lnkd.in/ezkQMfR

3 – https://lnkd.in/ewJPTJs

THANK YOU

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The CDC has finally acknowledged that the coronavirus can be airborne

The CDC has finally acknowledged that the coronavirus can be airborne 

The news: The US Centers for Disease Control and Prevention has updated its guidelines to acknowledge that the coronavirus can be spread by tiny particles that linger in the air. The agency said it took the decision due to the mounting evidence that people with covid-19 can infect people even if they are more than six feet away, or shortly after the infected person left the area. These cases all occurred in poorly ventilated and enclosed spaces, and often involved activities that cause heavier breathing, like singing or exercise. 

The significance: Evidence that airborne transmission is occurring has been mounting for months. The WHO still has not recognized airborne transmission as a significant factor in the pandemic and the CDC’s slowness to acknowledge it has caused frustration among aerosol researchers, some of whom say it is the main route for infections. The CDC maintains it only occurs in “limited, uncommon” circumstances. Airborne transmission has become a topic of fierce contention, partly due to the fact it makes it far riskier to reopen spaces like restaurants, gyms, bars, schools, and offices.

What do we do now? The CDC advises that people stay at least six feet away from others, wear a mask that covers their nose and mouth, frequently wash their hands, clean high-touch surfaces often, and stay home when they are feeling sick. However, the implications of airborne transmission mean the CDC perhaps ought to shift its emphasis and go further, advising people to properly ventilate buildings, limit the number of people indoors at any given time while encouraging them to stay further apart and masked, and try to socialize outdoors where possible. Read the full story.

THANK YOU

“BIG” Tech Dominates the Markets

IT’S HUGE!

By http://www.MCOL.com

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Prevalence of Cardio-Vascular [Heart] Disease by Income level

CIRCA: 1999-2016

By http://www.MCOL.com

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HOLACRACY versus HEIRARCHY

HOLACRACY versus HEIRARCHY

By staff reporters

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#Holacracy takes powers traditionally reserved for executives and managers and spreads them across all employees.

#Heirarchy is how business has traditionally been done- top down, where the ones who do the most work have the least power (as in the practice of medicine in its current form)

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Gap Between Private Insurance and Medicare Hospital Payments Increased in 2018

Click to access PAYMENT.pdf

 

 

Medicare Loans Update

By Chad Mulvany

President Trump has signed into law the HR 8337, Short Term Continuing Resolution (CR) to fund the government through December 11.

The president’s action was expected after the Senate passed the bill earlier this week. Both sides of the aisle are eager to avoid a government shutdown prior to the election Nov. 3 and in the middle of a public health emergency. 

The legislation includes provisions that relax the terms of the Medicare Advanced and Accelerated Payment Program (AAP) loans. 

Now that the CR is signed into law, the AAP loan terms increased the repayment period to 29 months before a demand letter is submitted. During the 29-month period, there would be no claims offset for the first 12 months, a 25% payment offset for the next 11 months, and 50% offset for the final six months. The legislation would also reduce the interest rate applied to any funds outstanding after the initial 29-month period to 4%.  

Source: Chad Mulvany

Healthcare Financial Management Association [10/1/20]

New Study Examines PE’s Impact on Hospital Performance

 

Click to access PE.pdf

“America First Healthcare Plan”

“America First Healthcare Plan”

By Robert Gergely MD

Yesterday, The President @POTUS outlined his plans for “America First Healthcare Plan”.

In 45 min. in front of Medical Professionals he brilliantly outlined a free market, competitive and PATIENTS centered philosophy for Medical Care in America. For those who care please view the video. you can find it here:https://lnkd.in/e9pxR-U

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THANK YOU

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Healthcare Fraud and Abuse Costs and Cases Rose in 2019

Click to access FRAUD.pdf

 

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