Marti Oakley, Contributing Writer
Those medical records that are now available to anyone and everyone who might have a financial interest in your “health” (the same records about you that you yourself can no longer gain access to in most cases), are for sale to stakeholders, investors and interested parties. Insurance companies are particularly interested.
As we stated in an earlier article, when Obamacare is implemented it will establish a health score to be applied to your records and updated with each doctor visit. This score will be available to insurance companies with the accompanying medical data that will allow them to determine how much of a risk you pose to the profits they anticipate by insuring you under a hedge fund.
You will be rated as to how much of a risk you represent to the system. This score is being used to determine what and how much healthcare you are eligible to receive. As the bill clearly states, panels will determine what risk you pose to the system and weigh that against the odds you can recover, and if you do, what would be the value of your future contributions to society? Odds not good? Off to the dead pool you go!
Enter the insurance companies.
Your score on these medical records are being used to determine your eligibility to be entered into the “dead pool” being constructed by life insurance companies. The dead pool is comprised of those in the healthcare system who have diseases such as lung cancer, breast cancer, leukemia, heart disease or any possible terminal, genetic or acquired illness. Hedge funds are being established wherein investors in the fund are betting against you and how long you might live with the disease. The hedge fund is projecting your possible life expectancy and betting against you.
This should effectively halt any real research into finding cures for many diseases. Not that there is much of that actually occurring anyway, in my opinion.
This article from the New York times in 2009 shows these plans for dead pool investments are well underway. Anything for a buck right? Even the morbid betting on how long you will live:
Well there you have it. It isn’t about life, health or anything remotely moral or ethical. Its about risk, profits and payouts.
Just when I think the predator class can’t really stoop any lower, I come across something like this that lets me know there is no end to the greed, the callousness, the immoral or unethical behavior these sociopaths will engage in all in the name of profits. As this last paragraph makes clear, Wall Street views betting on your life as no different than the mortgage fraud.
Of course I wonder if the hedge fund sinks too low, because, say for instance, people are outliving the risk predictions, what lengths will these predators go to, to increase their profits? Apparently nothing is off limits and we already know they lack any kind of social morality.
Be careful what you tell your doctor. Every word you utter is scored and that information and that score are provided to those who think you might be worth more dead than alive.
Seems to be some form of financial cannibalism.
New Exotic Investments Emerging on Wall Street – NYTimes.com
Wall Street pins hope on Life insurance bundles
Marti Oakley is a political activist and former op-ed columnist for the St Cloud Times in Minnesota. She was a member of the Times Writer’s Group until she resigned in September of 07. She is neither Democrat nor Republican, since neither party is representative of the American people. She says what she thinks, means what she says, and is known for being outspoken. She is hopeful that the American public will wake up to what is happening to our beloved country . . . little of it is left. Her website is The PPJ Gazette