Mike Church Interview With Dr. Wacasey – The $4.00 Prescription Drug Solution=CASH

7:37

7:43

7:49

7:53

8:07

8:21

Special Guest: Dr. Kevin Wacasey

• The Big Myth of Health Care = that you have to have health insurance in order to have health care
• People seem to like the lower co-pay! I don’t think they understand what a co-pay is exactly.
• $40 a visit co-pay
• What is your out of pocket deductible?
• Chatroom – We have a high deductible plan based on Dr. Wacasey’s equation and we made the switch and saved big bucks!
• Dr. W’s Equation
• The $4 List
• Dr. Wacasey’s own personal example $80/year I get 3 months supply at a time (I have 2 pre-existing conditions.
• Most pre-existing conditions can be treated using drugs off that $3 list! It’s all a scare tactic by politicians.
• HEADLINE: Second-grade teacher dies of complication from the flu by Jacki Salo
• Health Insurance should be looked at like car insurance. You only use it if you HAVE to!
• People want their companies to pay for their healthcare now. They will even turn down jobs if it doesn’t come with health insurance.

Why do companies offer insurance?

1. Tax Purposes
2. Gives them an “advantage” over other companies

• What if they just handed you the CASH they used for your health insurance? They would be TAXED on that….so it is to their benefit to give you health insurance! This is NOT for YOUR benefit!
• There are only 2 advantages derived from having health insurance tied to employment
• We are not shopping around for health insurance
• People need to get used to the idea that there are MANY other options out there. Insurance does NOT have to be tied to your employment.
• OSCAR health insurance
• Obamacare Exchanges
• I would love to have invented a product that could hold congress hostage like the health insurance companies have.
• Dr. Wacasey doesn’t advocate NOT having insurance!
• You can buy health insurance online too, just like your car insurance and life insurance.
• Fasting gets a bad rap! Skip a meal…it’s good for you.
• America doesn’t have a nutrition problem. WE have a consumption problem.
• From Chatroom: Regarding the current discussion: My wife is Type 1 diabetic and uses an insulin pump. We calculated that if we paid cash out of pocket for her supplies, it would be around $2300 per month
• WHY IS THAT? Because it is covered by insurance!
• How much of that is because of the FDA’s approval process?

HEADLINE: EpiPen pricing controversy reflects larger issues in pharma industry by James R. Baker Jr.

• This is what happens when government takes control over products
• They don’t even bother with State lobbyist anymore.
• http://healthcareonomics.com/