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The Wealth of Great Health TM

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?.

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The Wealth of Great Health TM

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  1. The Wealth of Great HealthTM THE WEALTH OF GREAT HEALTHTM The Wealth of Great HealthTM A Prosperous Health, Fitness and Wellness Profile

  2. The Wealth of Great Health The Cost of Medical Coverage so who cares? Government, employer, insurance company . . .

  3. What is Health Insurance? The Wealth of Great HealthTM $100,000 Heart Surgery - Who Pays? You Insurance Company Monthly Premiums $1,000/month $100,000 Heart Surgery Deductible $2,000 Co-Pay 80/20 $8,000 $100,000 $10,000 $90,000 - 2,000 Stop Loss = $10,000 98,000 (-) Deductible $2,000 20% Co-Pay $8,000 $8,000 19,600

  4. The Wealth of Great HealthTM What is Health Insurance? How can the Insurance Company afford to pay $90,000? You Insurance Company Monthly Premiums Insured 1 Monthly Premiums RESERVES $ Insured 2 Monthly Premiums Insured 3 Monthly Premiums Insured 4 Monthly Premiums Insured 5 Monthly Premiums

  5. What is an Health Savings Account? (HSA) The Wealth of Great HealthTM DEDUCTIBLE First dollar expenses paid by the insured You Insurance Company High Deductible Policy Insurance Monthly Premiums Monthly Premiums Investment/Insurance Health Savings Account Contributions - No Taxes Medical Withdrawals – No Taxes Investment Account

  6. Who Cares? The Wealth of Great HealthTM $10,000 Medical Test • Insured -You • Medical Provider • Insurance Company • Employer • Government - Someone else’s money - Needs to Care - Charge what the market will bear - Historical Expenses + 10% - Raise profit margins - Pass the expense to the employee - Entitlements way too expensive

  7. The Wealth of Great HealthTM

  8. The Wealth of Great Health The Cost of Medical Coverage so who cares? Government, employer, insurance company . . . Financial Resource Accumulation through Health, Wellness, Fitness and Medical Awareness

  9. How To Cut Medical Expenses The Wealth of Great HealthTM 75% of all medical expenses in this country could be avoided if people would: • Get regular medical examinations • Establish their risk profile • Take reasonable steps to minimize their health risks

  10. How Much Could You Save? The Wealth of Great HealthTM Multi Million Dollar Choice HSA Ending Balance Annual Premiums = $12,000 Projected Savings = 30% Annual Premium Increase = 12% Investment Yield = 11% Time = 45 years Projected Savings 30% $21,761,162 10% $7,253,721

  11. How Much Could You Save? The Wealth of Great HealthTM Tax V IRA / 401(k) HSA Additional No Tax on Contribution No Tax on Contribution 401(k) Tax Savings Federal Income Tax Federal Income Tax HSA Contribution $ 6,150 State Income Tax State Income Tax Taxes FICA - Soc. Sec. Tax 25% Federal State 5% Withdrawals F.I.C.A. 16% Withdrawals Taxed Investment Contribution $ 2,829 Qualified medical expenses? Contribution Growth 12% Investment Yield 11% Yes No Investment Period 45 Years $21,761,162 30% 10% $7,253,721 No Taxes 401(k) $17,100,646

  12. The Wealth of Great Health The Cost of Medical Coverage so who cares? Government, employer, insurance company . . . Financial Resource Accumulation through Health, Wellness, Fitness and Medical Awareness The Immediate Future of Health Care a compelling vision of a future longer than you anticipated

  13. The Wealth of Great HealthTM Extraordinary advances in: • Medicine Regenerative Medicine – grow new cells and organs Molecular disease diagnosis Genome/DNA risk tolerance profiling Anti-aging medications Nano-robotics

  14. The Wealth of Great HealthTM 2000s www.deathclock.com/ Aug. 2, 2100 Scott Marsh Death Wish Goal 99 Years Old! Normal -25 Years May 14, 2027 147 Years Old! Pessimistic -19 Years Feb 18, 2008 -25 Years May 14, 1990 Sadistic

  15. The Wealth of Great Health The Cost of Medical Coverage so who cares? Government, employer, insurance company . . . Financial Resource Accumulation through Health, Wellness, Fitness and Medical Awareness The Immediate Future of Health Care a compelling vision of a future longer than you anticipated W.A.L.K.S.M.A.R.T. The science of health, wellness and longevity – when YOU CARE

  16. The Wealth of Great HealthTM W.A.L.K.S.M.A.R.T.TM alk – or other aerobic activity W ppealing Alternative Activities A ife path eating plan L now and grow K FOUR CRITICAL TESTS: Health and Wellness Fitness Risk Profile Cognitive Profile S.I.O.U. information sources S entally progressive M ccumulate financially A esistence training R argets that compel T Extra Credit – Winter 2011

  17. The Wealth of Great HealthTM W.A.L.K.S.M.A.R.T.TM www.opensourceecology.org http://opensourceecology.org/wiki/LifeTrac • Farmers, engineers and supporters – design global village construction • Open source design 40 machines necessary for modern civilization • Eight machines developed – one/eighth the cost to acquire • Lego equivalent designs published for free on web site

  18. The Wealth of Great HealthTM W.A.L.K.S.M.A.R.T.TM Fitness Machines Processors Treadmills Laptops Bicycles Notepads Elliptical Trainers Smart Phones Cross-Trainers PDAs Rowing Machines Media Players Wireless USB Connection Procedures Monitoring/Tests Objectives Virtual Advisors Monitoring Blood Pressure Health Medical Care Testing Heart Rate Medical Care Health Care Profiling Oxygen Utilization Wellness Nutrition Counselor Research Embedded Chips Nutrition Fitness Trainer Goal Setting Cognition Fitness Emotional Counselor Cognition Motivation/Goal Setting Motivation

  19. The Wealth of Great HealthTM W.A.L.K.S.M.A.R.T.TM Treadmill – Mechanical Engineering USB & Wireless – Computer Engineering Open Source AAA – Computer Programmer Medical Records Data Base Health / Wellness / Fitness / Nutrition Medical / Performance Tests Free / almost free / better than free Fitness and Wellness Monitoring Strategies and devices Web Programming The competition

  20. The Wealth of Great HealthTM HEALTH SAVINGS ACCOUNTS (HSA) 12 Key Advantages

  21. The Wealth of Great HealthTM Save Taxes IRA / 401(k) HSA Save Taxes No Tax on Contribution No Tax on Contribution Federal Income Tax Federal Income Tax State Income Tax State Income Tax FICA - Soc. Sec. Tax Withdrawals Withdrawals Taxed Qualified medical expenses? Yes No No Taxes

  22. The Wealth of Great HealthTM Save Taxes Medical Provider Discounts (Debit Cards) Medical Provider Discounts(Debit Cards)

  23. The Wealth of Great HealthTM Save Taxes Medical Provider Discounts (Debit Cards) You Care You Care

  24. The Wealth of Great HealthTM Save Taxes Medical Provider Discounts (Debit Cards) You Care Younger People – Better Benefit Younger People – Better Benefit

  25. The Wealth of Great HealthTM Save Taxes Medical Provider Discounts (Debit Cards) You Care Younger People – Better Benefit Insurance for Life (Portable) Insurance for Life (Portable)

  26. The Wealth of Great HealthTM Save Taxes Medical Provider Discounts (Debit Cards) You Care Younger People – Better Benefit Insurance for Life (Portable) Individual Premiums Often Less Than Group Individual Premiums Often Less Than Group

  27. The Wealth of Great HealthTM Save Taxes Medical Provider Discounts (Debit Cards) You Care Younger People – Better Benefit Insurance for Life (Portable) Individual Premiums Often Less Than Group Preventive Health Care Preventive Health Care

  28. The Wealth of Great HealthTM Save Taxes Medical Provider Discounts (Debit Cards) You Care Younger People – Better Benefit Insurance for Life (Portable) Individual Premiums Often Less Than Group Preventive Health Care Doctors Prefer Fee-For-Service Plan Doctors Prefer Fee-For-Service Plan

  29. The Wealth of Great HealthTM Save Taxes Medical Provider Discounts (Debit Cards) You Care Younger People – Better Benefit Insurance for Life (Portable) Individual Premiums Often Less Than Group Preventive Health Care Doctors Prefer Fee-For-Service Plan More Policy Options More Policy Options

  30. The Wealth of Great HealthTM Save Taxes Medical Provider Discounts (Debit Cards) You Care Younger People – Better Benefit Insurance for Life (Portable) Individual Premiums Often Less Than Group Preventive Health Care Doctors Prefer Fee-For-Service Plan More Policy Options Employer Bankruptcy – Employee Unaffected Employer Bankruptcy – Employee Unaffected

  31. The Wealth of Great HealthTM Save Taxes Medical Provider Discounts (Debit Cards) You Care Younger People – Better Benefit Insurance for Life (Portable) Individual Premiums Often Less Than Group Preventive Health Care Doctors Prefer Fee-For-Service Plan More Policy Options Employer Bankruptcy – Employee Unaffected Personal Medical Information is Private Personal Medical Information is Private

  32. Non-traditional expenses paid from HSA The Wealth of Great HealthTM IRS – Publication 502 Drugs – Even non-prescription Annual Physical Examination Vision Correction Surgery Weight Loss Program Home Improvements Insurance Premiums Pregnancy Test Kit Dental Treatment Psychiatric Care Long-term Care Artificial Teeth Chiropractor Eyeglasses Legal Fees Bandages Learning Disability Legal Fees Lifetime Care—Advance Payments Lodging Long-Term Care Meals Medical Conferences Medical Information Plan Medical Services Medicines Nursing Home Nursing Services Operations Optometrist Organ Donors Osteopath Oxygen Physical Examination Pregnancy Test Kit Prosthesis Psychiatric Care Psychoanalysis Psychologist Special Education Sterilization Stop-Smoking Programs Surgery Telephone Television Therapy Transplants Transportation Trips Tuition Vasectomy Vision Correction Surgery Weight-Loss Program Wheelchair Wig X-ray Abortion Acupuncture Alcoholism Ambulance Annual Physical Examination Artificial Limb Artificial Teeth Autoette Bandages Body Scan Breast Reconstruction Surgery Birth Control Pills Braille Books and Magazines Capital Expenses Car Chiropractor Christian Science Practitioner Contact Lenses Crutches Dental Treatment Diagnostic Devices Disabled Dependent Care Expenses Drug Addiction Drugs Eyeglasses Eye Surgery Fertility Enhancement Founder's Fee Guide Dog or Other Service Animal Health Institute Health Maintenance Organization (HMO) Hearing Aids Home Care Home Improvements Hospital Services Insurance Premiums Intellectually & Developmentally Disabled, Special Home For Laboratory Fees Lead- Based Paint Removal Legal Fees Save Taxes Medical Provider Discounts (Debit Cards) You Care Younger People – Better Benefit Insurance for Life (Portable) Individual Premiums Often Less Than Group Preventive Health Care Doctors Prefer Fee-For-Service Plan More Policy Options Employer Bankruptcy – Employee Unaffected Personal Medical Information is Private Non-traditional Expenses Long-Term Care Annual Physical Examination Artificial Teeth Bandages Chiropractor Pregnancy Test Kit Dental Treatment Psychiatric Care Drugs – even non-prescription Eyeglasses Home Improvements Vision Correction Surgery Insurance Premiums Weight Loss Program

  33. The Wealth of Great HealthTM Save Taxes Medical Provider Discounts (Debit Cards) You Care Younger People – Better Benefit Insurance for Life (Portable) Individual Premiums Often Less Than Group Preventive Health Care Doctors Prefer Fee-For-Service Plan More Policy Options Employer Bankruptcy – Employee Unaffected Personal Medical Information is Private Non-traditional Expenses Medical Payments with Non-HSA Dollars Medical Payments with Non-HSA Dollars

  34. The Wealth of Great HealthTM Extraordinary advances in: • Medicine Regenerative Medicine – grow new cells and organs Molecular disease diagnosis Genome/DNA risk tolerance profiling Anti-aging medications Nano-robotics

  35. How To Cut Medical Expenses The Wealth of Great HealthTM THREE MAJOR GOALS Help patients feel more confident in the US health care system; the Bill of Rights Stress the importance of a strong relationship between patients and their providers Stress the key role patients play in staying healthy EIGHT KEY AREAS Right to the patients access to personal information and information about providers Right of patients to choose medical providers and insurance plans Right to use emergency services without getting authorization Right to know treatment options and to take part in decisions about your care Right to patient respect and non-discrimination from medical providers and health plan representatives Right to confidentiality of health information and to receive a copy of medical records Right to a fair, fast and objective review of any complaint about providers Providers right to be treated with respects when dealing with patients

  36. The Wealth of Great HealthTM

  37. The Wealth of Great HealthTM

  38. The Wealth of Great HealthTM

  39. The Wealth of Great HealthTM www.opensourceecology.org • Farmers, engineers and supporters – design global village construction • Open source design 40 machines necessary for modern civilization • Eight machines developed – one/eighth the cost to acquire • Lego equivalent designs published for free on web site

  40. The Wealth of Great HealthTM

  41. What is Health Insurance? The Wealth of Great HealthTM How can the Insurance Company afford to pay $90,000? You Insurance Company Monthly Premiums Insured 1 Monthly Premiums RESERVES $ Insured 2 Monthly Premiums Insured 3 Monthly Premiums Insured 4 Monthly Premiums Insured 5 Monthly Premiums

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