If I Owned A Chain of A Thousand Hospitals
by Tyson Russell

• I’d understand that medical care is something that is used infrequently and sporadically throughout life, although more frequently near the end of life. Because of this uncertainty, insurance would be a good funding mechanism. Therefore, my chain would have insurance plans that cater to the 25 million or so people who use my facilities. Even the basic plan would be comprehensive.

• I’d make it a policy that anyone with an insurance plan will not have to “pay up” in a life threatening situation. And those without an insurance plan in a life threatening situation will only pay up to a maximum of $50,000. The $50,000 maximum would be an incentive to purchase an insurance plan. The cost and probability of these sticky situations would be built in to the insurance premiums.

      What are your ideas?

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