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18. Talk about your work in healthcare? What do you think of HMOs?
I worked with Doctors and hospitals financing their accounts receivables from Insurance Companies in the USA. I then began pre-funding or factoring their receivables. My company processed the very first electronically submitted heath care form in the USA for payment from the US Government to a physician. That was the first electronic transaction I processed, in 1990. It took 34 minutes to transmit 32 fields of data. Then we thought it was fast?
I learned that an aspirin in a US Hospital costs $0.04 and sells for $7.50 if an insurance company is paying the bill. The whole thing is rigged.
The entire health care system here is whack. HMO?s are the worst. People that work in hospitals can?t afford to be ill and treated in that same hospital. Drugs work wonders, but those that need them can?t afford them. Something is very wrong?.
I am all for a more efficient system that does not allow for those that are less fortunate to slip between the cracks; the US system is not one that will last or one that should.
19. What was your very first, second and third job as a kid?
First: I cleaned parking lots from 5AM to 9AM at an apartment complex.
Second: I cleaned and repaired and repainted apartments at that same apartment complex.
Third: I was a leasing agent at that same apartment complex.
I guess you could say I like to grow with an organization, or at least that is how it has always been for me.
20. What is the best medical health insurance in America today? discuss in detail.
The kind you pay all cash for all services without having to gain insurance company?s approvals. There is not a lot to discuss in detail. It works simply? you go to a Doctor and tell him you are not submitting anything to insurance; you want the best testing, treatment and medications available, price is no object and BAM! The healing begins. After you spend $150,000 you feel better, until something else goes wrong.
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