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Archive for the 'Finance' Category


I’d love a second opinion when it comes to my health sometimes… but not for $565 out of pocket!

Posted by Z on 21st May 2008

As I was exploring healthcare on the web today, I saw a service I thought was interesting - a web based expert (Cleveland Clinic, aka CC) second opinion healthcare service.  I applaud CC for heading down this path, as I feel this is where healthcare needs to go, but the $565 price tag is proof that the consumer/buyers need to demand better pricing.  If I had cancer I may pay that, and perhaps that is what CC expects.  But there are somethings which I just need a quick opinion on and would like to get an expert opinion.  Perhaps CC has looked at this part of the market and chooses to leave it to the nurses and doctors at other vendors - e.g. maybe I can get the virtual second opinion at Walgreens online for $40?

Regardless, as the healthcare data and transparency waves continue to rise, we as consumers will be better positioned to educate ourselves about healthcare and make better quality and cost decisions - playing a significant role in the reform of healthcare as we know (or in some cases don’t know) it today.

Here’s the article: MyConsult: Second Medical Opinions From Doctors at The Cleveland Clinic

FYI, this topic related to a book I just finished reading by G. Halvorson (CEO Kaiser Permanente) - Health Care Reform NOW! (recommended reading).  

Posted in Books, Finance, Health, Technology, Work | No Comments »

For Profit Healthcare Requires Healthcare Co’s Benefit First, Consumers Second

Posted by Z on 1st September 2007

This morning while reading through some healthcare news I saw a CNN summary of the most recent Diamond  health/wealth  paper.  One thing that stuck out to me while reading the summary was that the best way for this to work is for it to be “mutually beneficial” (between the consumer and healthcare co’s).  There’s a lot of marketing spin from the payers around Wellness (type) Programs and the messages around these and other programs and benefits for consumers come out smelling like roses.  However, consumers should never forget that for the most part healthcare is a for profit industry and it will/should be run as such.  That is, improving health will be placed after improving profit in terms of importance unless improved health means additional revenue for the healthcare companies as well.

This is similar to a computer server company saying they are “Green” focused when in reality they have always been trying to reduce power and heat so they can reduce footprint and AC costs in data centers, thus improving the sales of the product – it is just now that they actually are making it more of a point to the consumer and starting to leverage that intrinsic goodness around their original design goals.  This is a nice segue into why some consider a National Healthcare system better – i.e. clearer motives (debatable for sure).  How do you think the business model works if we move to a single payer and/or more regulated industry post 2008 elections?

Posted in Environment, Finance, Health, Work | 4 Comments »

The Great Global Warming Swindle (2007) (TV) - more than a movie rating…

Posted by Z on 20th August 2007

I decided to watch this movie after some post kayaking discussion with Brian, Winsome, and Flan at Bridgeport brew pub. This evening I actually watched the movie (The Great Global Warming Swindle (2007) (TV)) - a documentary arguing that Gore’s movie (An Inconvenient Truth) and the current “winning” global warming theory, isn’t so much, true. The movie proved to be much more to me in that it spurred a bunch of thoughts, vs. just considering another view on the cause of global warming. I organized my comments about this movie below around other movie titles and quotes (plus a book title) - don’t ask why, it just turned out that way.  By the way, you can watch this movie online at stage6 for free - whohoo!

SIX DEGREES OF SEPARATION:
The movie was quite refreshing in that it really spurred many thoughts for me - particularly around how we think and interact with one another and how so many things are linked together, actually everything… and just how many linkages we may not be aware of. For example, when I listened about the fact that the sun’s magnetic field has more than doubled in the past 50 years and when I saw more correlation graphs (e.g. temperature and CO2) my thoughts went on a tangent (surprise) about other correlations – e.g. cancer and the sun’s magnetic field? Were they both increasing the past x years? Anyhow, no time to look into that - just a thought.

ONLY THE PARANOID SURVIVE:
The movie made me once again realize that we should think on our own. Just because someone is an “expert” doesn’t mean their advice shouldn’t be questioned. This is akin to your doctor being your health consultant vs. someone telling you exactly what you should do. Sure, you can take the latter approach, but you should be aware of the consequences if doing so. That is, one may argue that it takes too much time to do all the research when I can just ask an expert. I can understand that perspective, but again, I am just saying you shouldn’t complain when faced with the consequences. For example, Andy Grove decided to take his prostate cancer problem into his own hands and leverage the medical experts involved, not take their directions verbatim. He survived. Would he have otherwise? Perhaps.

CONSPIRACY THEORY:
Trust is another topic that came to mind when watching this movie. That is, who can we trust these days? The media, our doctors, our scientists, our government? It’s tough to say who we can trust. However, understanding people - their intent, integrity, approach, and background, etc. - helps one better gauge trust. Another trust litmus test is asking the question: “Has the position been argued from the other perspective? ” If it hasn’t, caution in agreeing with the argument may be necessary. This goes for this movie, Michael Moor’s Sicko, books, etc.

SHOW ME THE MONEY JERRY:
The movie highlights the subject of self-preservation in that it is a cause for why the current theory (CO2 is the cause) on global warming is winning out over other theories (e.g. sunspots). In the movie more than one person suggests that jobs, and ultimately money drives the theory more than anything. I find this interesting in that if I zoom out on this topic, what isn’t truly driven by money? How about we setup some graphs that correlate financial motivations and self-preservation with the national and worldwide actions/decisions made in the past 100 years or so? That would be an interesting movie.

WHEN YOU ARE SMART, PEOPLE NEED YOU:
The theory of self-preservation in the movie quite frankly disgusts me. I very much subscribe to the theory that when you are smart people need you. Also, don’t forget, when you are untrustworthy, no one needs you. So if you lose your job, move on and apply your experience and intelligence elsewhere but don’t lose your integrity (it’s hard sometimes). After all, there has to be a related tangent which you are just as passionate about no? Bottom line here, a brain is a terrible thing to waste, each of us needs to make sure we are using ours… (sometimes I think we don’t realize that we aren’t using it).

Posted in Entertainment, Environment, Finance, Movie, People | No Comments »

eBay vs. Goodwill

Posted by Z on 10th July 2007

After selling quite a few items on eBay, dealing with eBay/Paypal and UPS PITAI’s, and doing some quick analysis, I have concluded it is usually more beneficial to donate items to Goodwill and take the tax deduction. The analysis took into account my tax rate, the value of my time, and some intangibles (ease in dealing with everything relative to benefit). If you’d like to see the analysis (xls) let me know.

Posted in Finance, Random | 3 Comments »

Does money make you happier?

Posted by Z on 23rd January 2006

Interesting read on whether or not money makes one happier… and other
controversial topics. Based on some studies it does make one happier. I
agree with Tom Smith’s comment in the article: “Money makes you happier –
as long as it keeps you from being poor.” What’s your take, does $ make you
happier?

Posted in Finance, Health, Random | No Comments »