the wealth of great health tm
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The Wealth of Great Health TM. THE WEALTH OF GREAT HEALTH TM. The Wealth of Great Health TM. A Prosperous Health, Fitness and Wellness Profile. The Wealth of Great Health. The Cost of Medical Coverage so who cares? Government, employer, insurance company . . . What is Health Insurance?. - PowerPoint PPT PresentationTRANSCRIPT
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The Wealth of Great HealthTMThe Wealth of Great HealthTMA Prosperous Health, Fitness and Wellness Profile
THE WEALTH OF GREAT HEALTHTMThe Wealth of Great HealthThe Cost of Medical Coverage so who cares? Government, employer, insurance company . . .
The Wealth of Great HealthTMWhat is Health Insurance?$100,000 Heart SurgeryInsurance CompanyYouMonthly PremiumsDeductibleCo-Pay 80/20$100,000- 2,00098,00020%$1,000/month$2,000$8,00019,600$10,000$90,000Stop Loss= $10,000$2,000$8,000- Who Pays?(-) Deductible$8,000$100,000 Heart SurgeryCo-Pay
The Wealth of Great HealthTM
How can the Insurance Company afford to pay $90,000?Insurance Company
YouInsured 1Insured 4Insured 5Insured 3Insured 2Monthly PremiumsMonthly PremiumsMonthly PremiumsMonthly PremiumsMonthly PremiumsMonthly PremiumsRESERVES$What is Health Insurance?
The Wealth of Great HealthTMWhat is an Health Savings Account? (HSA)Insurance Company High Deductible PolicyYouHealth Savings AccountContributions - No TaxesInvestment AccountMedical Withdrawals No TaxesDEDUCTIBLEFirst dollar expenses paid by the insuredMonthly PremiumsInsuranceInvestment/InsuranceMonthly Premiums
The Wealth of Great HealthTMWho Cares?$10,000 Medical TestInsured -YouMedical ProviderInsurance CompanyEmployer
Government - Needs to Care
- Someone elses money- Charge what the market will bear- Historical Expenses + 10%- Raise profit margins- Pass the expense to the employee- Entitlements way too expensive
The Wealth of Great HealthTM
The Wealth of Great HealthThe Cost of Medical Coverage so who cares? Government, employer, insurance company . . .Financial Resource Accumulation through Health, Wellness, Fitness and Medical Awareness
The Wealth of Great HealthTMHow To Cut Medical Expenses75% of all medical expenses in this country could be avoided if people would:Get regular medical examinationsEstablish their risk profileTake reasonable steps to minimize their health risks
The Wealth of Great HealthTMHow Much Could You Save?Annual Premiums =$12,000Projected Savings =30%Annual Premium Increase = 12%Investment Yield =11%Time =45 yearsHSA Ending Balance$21,761,16210%$7,253,721Multi Million Dollar ChoiceProjected Savings 30%
The Wealth of Great HealthTMHow Much Could You Save?
TaxIRA / 401(k)Federal Income TaxState Income TaxWithdrawalsTaxedNo Tax on ContributionHSAFederal Income TaxState Income TaxWithdrawalsQualified medical expenses?No Tax on ContributionFICA - Soc. Sec. TaxNoYesNo TaxesVHSA ContributionTaxesFederal StateInvestment ContributionContribution GrowthInvestment Yield$ 6,15025%5%$ 2,82912%11%$21,761,162$7,253,72130%10%$17,100,646401(k)Additional401(k) Tax SavingsF.I.C.A.16%Investment Period45 YearsThe Wealth of Great HealthThe Immediate Future of Health Care a compelling vision of a future longer than you anticipated
The Cost of Medical Coverage so who cares? Government, employer, insurance company . . .Financial Resource Accumulation through Health, Wellness, Fitness and Medical Awareness
The Wealth of Great HealthTMRegenerative Medicine grow new cells and organsMolecular disease diagnosisGenome/DNA risk tolerance profilingAnti-aging medications MedicineExtraordinary advances in:Nano-robotics
The Wealth of Great HealthTM
2000sAug. 2, 2100Scott Marsh Death Wish Goal
99 Years Old!147 Years Old!
May 14, 2027Normal-25 YearsFeb 18, 2008Pessimistic-19 YearsMay 14, 1990Sadistic-25 Years
www.deathclock.com/
The Wealth of Great HealthThe Immediate Future of Health Care a compelling vision of a future longer than you anticipated
The Cost of Medical Coverage so who cares? Government, employer, insurance company . . .Financial Resource Accumulation through Health, Wellness, Fitness and Medical Awareness
W.A.L.K.S.M.A.R.T. The science of health, wellness and longevity when YOU CARE
The Wealth of Great HealthTMW.A.L.K.S.M.A.R.T.TM
WALKSMARTFOUR CRITICAL TESTS:Health and WellnessFitnessRisk ProfileCognitive Profile
Extra Credit Winter 2011
alk or other aerobic activityppealing Alternative Activitiesife path eating plannow and growS.I.O.U. information sourcesentally progressiveccumulate financiallyesistence trainingargets that compel
The Wealth of Great HealthTMW.A.L.K.S.M.A.R.T.TM
http://opensourceecology.org/wiki/LifeTrac www.opensourceecology.orgFarmers, engineers and supporters design global village constructionOpen source design 40 machines necessary for modern civilizationEight machines developed one/eighth the cost to acquireLego equivalent designs published for free on web site
The Wealth of Great HealthTMW.A.L.K.S.M.A.R.T.TM
TreadmillsBicyclesElliptical TrainersCross-TrainersRowing MachinesLaptopsNotepadsSmart PhonesPDAsMedia PlayersWireless USB Connection
MonitoringTestingProfilingResearchGoal SettingBlood PressureHeart RateOxygen UtilizationEmbedded ChipsCognitionFitness MachinesProcessorsProceduresMonitoring/TestsHealthMedical CareWellnessNutritionFitnessObjectivesCognitionMedical CareHealth CareNutrition CounselorFitness TrainerEmotional CounselorVirtual AdvisorsMotivation/Goal SettingMotivation
The Wealth of Great HealthTMW.A.L.K.S.M.A.R.T.TMTreadmill Mechanical EngineeringUSB & Wireless Computer EngineeringOpen Source AAA Computer ProgrammerMedical Records Data BaseHealth / Wellness / Fitness / NutritionMedical / Performance TestsFree / almost free / better than freeFitness and Wellness Monitoring Strategies and devicesWeb ProgrammingThe competition
The Wealth of Great HealthTMHEALTH SAVINGS ACCOUNTS (HSA)12 Key Advantages
The Wealth of Great HealthTMSave TaxesIRA / 401(k)Federal Income TaxState Income TaxWithdrawalsTaxedNo Tax on ContributionHSAFederal Income TaxState Income TaxWithdrawalsQualified medical expenses?No Tax on ContributionFICA - Soc. Sec. TaxNoYesNo TaxesSave Taxes
The Wealth of Great HealthTMMedical Provider Discounts(Debit Cards)
Save TaxesMedical Provider Discounts (Debit Cards)
The Wealth of Great HealthTMYou CareSave TaxesMedical Provider Discounts (Debit Cards)You Care
The Wealth of Great HealthTMYounger People Better BenefitSave TaxesMedical Provider Discounts (Debit Cards)You CareYounger People Better Benefit
The Wealth of Great HealthTMInsurance for Life (Portable)Save TaxesMedical Provider Discounts (Debit Cards)You CareYounger People Better BenefitInsurance for Life (Portable)
The Wealth of Great HealthTMIndividual Premiums Often Less Than GroupSave TaxesMedical Provider Discounts (Debit Cards)You CareYounger People Better BenefitInsurance for Life (Portable)Individual Premiums Often Less Than Group
The Wealth of Great HealthTMPreventive Health CareSave TaxesMedical Provider Discounts (Debit Cards)You CareYounger People Better BenefitInsurance for Life (Portable)Individual Premiums Often Less Than GroupPreventive Health Care
The Wealth of Great HealthTMDoctors Prefer Fee-For-Service PlanSave TaxesMedical Provider Discounts (Debit Cards)You CareYounger People Better BenefitInsurance for Life (Portable)Individual Premiums Often Less Than GroupPreventive Health Care Doctors Prefer Fee-For-Service Plan
The Wealth of Great HealthTMMore Policy OptionsSave TaxesMedical Provider Discounts (Debit Cards)You CareYounger People Better BenefitInsurance for Life (Portable)Individual Premiums Often Less Than GroupPreventive Health Care Doctors Prefer Fee-For-Service PlanMore Policy Options
The Wealth of Great HealthTMEmployer Bankruptcy Employee UnaffectedSave TaxesMedical Provider Discounts (Debit Cards)You CareYounger People Better BenefitInsurance for Life (Portable)Individual Premiums Often Less Than GroupPreventive Health Care Doctors Prefer Fee-For-Service PlanMore Policy OptionsEmployer Bankruptcy Employee Unaffected
The Wealth of Great HealthTMPersonal Medical Information is PrivateSave TaxesMedical Provider Discounts (Debit Cards)You CareYounger People Better BenefitInsurance for Life (Portable)Individual Premiums Often Less Than GroupPreventive Health Care Doctors Prefer Fee-For-Service PlanMore Policy OptionsEmployer Bankruptcy Employee UnaffectedPersonal Medical Information is Private
The Wealth of Great HealthTMNon-traditional expenses paid from HSAAbortionAcupunctureAlcoholismAmbulanceAnnual Physical ExaminationArtificial LimbArtificial TeethAutoetteBandagesBody ScanBreast Reconstruction SurgeryBirth Control PillsBraille Books and MagazinesCapital ExpensesCarChiropractorChristian Science PractitionerContact LensesCrutchesDental TreatmentDiagnostic DevicesDisabled Dependent Care ExpensesDrug AddictionDrugsEyeglassesEye SurgeryFertility EnhancementFounder's FeeGuide Dog or Other Service AnimalHealth InstituteHealth Maintenance Organization (HMO)Hearing AidsHome CareHome ImprovementsHospital ServicesInsurance PremiumsIntellectually & Developmentally Disabled, Special Home ForLaboratory FeesLead- Based Paint RemovalLearning DisabilityLegal FeesLifetime CareAdvance PaymentsLodgingLong-Term CareMealsMedical ConferencesMedical Information PlanMedical ServicesMedicinesNursing HomeNursing ServicesOperationsOptometristOrgan DonorsOsteopathOxygenPhysical ExaminationPregnancy Test KitProsthesisPsychiatric CarePsychoanalysisPsychologistSpecial EducationSterilizationStop-Smoking ProgramsSurgeryTelephoneTelevisionTherapyTransplantsTransportationTripsTuitionVasectomyVision Correction SurgeryWeight-Loss ProgramWheelchairWigX-rayAnnual Physical ExaminationArtificial TeethBandagesChiropractorDental TreatmentDrugs even non-prescriptionEyeglassesHome ImprovementsInsurance PremiumsLegal FeesLong-Term CarePregnancy Test KitPsychiatric CareVision Correction SurgeryWeight Loss ProgramAnnual Physical ExaminationArtificial TeethBandagesChiropractorDental TreatmentDrugs Even non-prescriptionEyeglassesHome ImprovementsInsurance PremiumsLegal FeesLong-term CarePregnancy Test KitPsychiatric CareVision Correction SurgeryWeight Loss ProgramIRS Publication 502Save TaxesMedical Provider Discounts (Debit Cards)You CareYounger People Better BenefitInsurance for Life (Portable)Individual Premiums Often Less Than GroupPreventive Health Care Doctors Prefer Fee-For-Service PlanMore Policy OptionsEmployer Bankruptcy Employee UnaffectedPersonal Medical Information is PrivateNon-traditional Expenses
The Wealth of Great HealthTMMedical Payments with Non-HSA DollarsSave TaxesMedical Provider Discounts (Debit Cards)You CareYounger People Better BenefitInsurance for Life (Portable)Individual Premiums Often Less Than GroupPreventive Health Care Doctors Prefer Fee-For-Service PlanMore Policy OptionsEmployer Bankruptcy Employee UnaffectedPersonal Medical Information is PrivateNon-traditional ExpensesMedical Payments with Non-HSA Dollars
The Wealth of Great HealthTM
Regenerative Medicine grow new cells and organsMolecular disease diagnosisGenome/DNA risk tolerance profilingAnti-aging medications MedicineExtraordinary advances in:Nano-robotics
The Wealth of Great HealthTMHow To Cut Medical ExpensesHelp patients feel more confident in the US health care system; the Bill of RightsRight to the patients access to personal information and information about providersRight to know treatment options and to take part in decisions about your careRight to patient respect and non-discrimination from medical providers and health plan representativesRight of patients to choose medical providers and insurance plansStress the importance of a strong relationship between patients and their providersStress the key role patients play in staying healthyRight to use emergency services without getting authorizationRight to confidentiality of health information and to receive a copy of medical recordsTHREE MAJOR GOALSEIGHT KEY AREASRight to a fair, fast and objective review of any complaint about providersProviders right to be treated with respects when dealing with patients
The Wealth of Great HealthTM
The Wealth of Great HealthTM
The Wealth of Great HealthTM
The Wealth of Great HealthTMwww.opensourceecology.orgFarmers, engineers and supporters design global village constructionOpen source design 40 machines necessary for modern civilizationEight machines developed one/eighth the cost to acquireLego equivalent designs published for free on web site
The Wealth of Great HealthTM
The Wealth of Great HealthTM
What is Health Insurance?How can the Insurance Company afford to pay $90,000?Insurance Company
YouInsured 1Insured 4Insured 5Insured 3Insured 2Monthly PremiumsMonthly PremiumsMonthly PremiumsMonthly PremiumsMonthly PremiumsMonthly PremiumsRESERVES$