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Dr. Bitcoin, MD 1y ago 💬 19

I don’t advocate for killing people. Ever.

But insurance company executives must understand the severe stress they put on people by denying payment for medical services. Many will see denial as an act of aggression.

Additionally, we need to ask why our medical services cost so much in the first place. Doctors aren’t making as much as you might think given how much some people pay for medical care. We need to decentralize health care and make care hyper local.

The love of money is the root of all kinds of evil. Bitcoin doesn’t fix that.

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BottleTeams 1y ago

Medical costs is the same problem as educational costs

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Dr. Bitcoin, MD 1y ago

Greedy middle men and naive end points?

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₿eth 1y ago

Naive, and vulnerable.

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Dr. Bitcoin, MD 1y ago

You’re only vulnerable your first decade of practice if you are financially prudent. But many physicians spend money too freely and end up working until they die because they’re always poor.

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₿eth 1y ago

That makes perfect sense!

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Kevin's Bacon 1y ago

Disagree with that last statement. Arrogance and willful ignorance are the root of all evil I think. Money is just one thing people can like.

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Dr. Bitcoin, MD 1y ago

It is loving money that causes all sorts of evils. I don’t think anyone can legitimately disagree with this statement.

A lot of people misread this as “money is evjl” or “money / loving money is the only evil” or variations thereof. Of course these statements are untrue.

Money itself doesn’t deserve love.

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Yaël 1y ago

Maybe it’s our over-reliance on insurance for routine non-emergency medical costs? And the subsidization via our employers that grow the middleman economy and lead to price inflation?

https://www.bostonherald.com/2020/10/12/americans-need-to-separate-health-insurance-from-our-jobs/

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Dr. Bitcoin, MD 1y ago

Yes. War time salary controls caused this nonsense.

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R E A R D E N 1y ago

I tend to agree except with respect to the last line... https://www.capitalismmagazine.com/2002/08/franciscos-money-speech/

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Dr. Bitcoin, MD 1y ago

This is a lame take based on a misreading.

Money, like a gun, isn’t evil or good. It’s a tool. It is the LOVE of money that causes people to do all sorts of evil shit.

I don’t think anyone can disagree with the actual statement.

I think everyone should disagree with the “money is the root of all evil” bullshit statement — cause that’s nonsense.

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SatsMcD.ai 1y ago

👆So many people misunderstand this point. 💯

Good post Dr.

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JackTheMimic 1y ago

Ask yourself when C-Suite executives became thesonurce of your problems. Medical costs are an obvious incentive issue. You might want to look into governmental regulation around medical costs and insurance. What a tone deaf and frankly gone with the winds of society type of thought this was.

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JackTheMimic 1y ago

*source

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jimbocoin 🃏 1y ago

We need to abolish health insurance mandates. Routine care should not be intermediated by insurance—it should cover catastrophic events only.

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Dr. Bitcoin, MD 1y ago

Spot on. Insurance shouldn’t be confused with prepaid healthcare.

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El Guiri 1y ago

My 2 sats.

Perverse incentives and policy potential role? It’s interesting to get health insurance internationally. I travel to USA for work at times so had to look at insurance. Every company has international policies or international + USA. It doubles every policy. When researching, I then looked at amount spent from public purse in different countries and USA spends a bloody fortune. That suggests corrupt policy. I actually have a united policy. I’d never heard of them before. So then I looked at stock chart. A parabolic rise after the passing of the “(un)Affordable care act”. I often find it funny to talk to Americans and call Obamacare a republican policy. If the main act policy elements reflect a heritage foundation counter proposal to Hillary care (check the history), then it’s a policy from a republican think tank.

Conclusion for me: health care in USA is screwed due to perverse incentives at the top, and profiteering. Both political parties (or uniparty if you prefer) are guilty of creating the mess. USA has a simple advantage here. It’s big and it’s got well established state legislatures. Get rid of federal health care legislation and pass it down to the state level to re-assert market forces.

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Tom 1y ago

I am still wondering why this isn't happening to the medical "professionals" that are murdering people with their vaccines.

I mean if my 16 year old dropped dead from myocarditis I would have malice in my heart.

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Dr. Bitcoin, MD 1y ago 💬 2

Harder to know which people are to blame. Pharmaceutical execs, industry scientists, government regulators
culpability is so diffused.