Hi everyone! The blog is back after a break for some upgrades. Thanks for checking back!
“Pay no attention to the man behind the curtain!” Hopefully this reference is not lost on the Gen-Xers, Xennials and Millennials. (Spoiler alert: It’s from the Wizard of Oz). In the movie, the Wizard turns out to be an old man hiding behind a velvet curtain. He operates an oversized hologram head with many bells and whistles, while the entire city of Oz believes him to be a powerful Wizard. In our country, this paints the perfect analogy of the health insurance industry.
The industry has strayed far from its “insurance roots.” In fact, like the man behind the curtain, it has done an excellent job (and spent a lot of money) convincing us that health insurance is an amazing deal that saves a lot of money. In reality, modern health insurance is simply prepaying for medical care while the insurance company pockets the difference. It’s as simple as that.
By the end of the movie, we learn the Wizard really wasn’t a bad guy at all, he was just pretending to be something that he wasn’t. It’s time for individuals and businesses to become better healthcare consumers and show health insurance companies we are paying attention to “the man behind the curtain.”