https://xny.io/bank International Virtual Health Member Mutual Accounts (Savings/Insurance) Bank.org notes that for our clients located in places like Africa, government debt is likely to restrict the ability of future governments to support health care populations, either through private or public services such as primary health or wellness care. The world’s best innovations in virtual healthcare are successful as well-developed private member mutual pioneers. The exciting thing about these private member mutual accounts is the next-level reinvention of healthcare savings accounts. Bank.org owns the international virtual health platform MyDr.co, and upholds the notion that healthcare savings accounts are a wise store of value inside many depressed banking economies. MyDr.co’s founders set out to assess the integrity of the government which plays a critical role in the ongoing governance, legal framework, regulation, policy development and stability of the healthcare income system. Unfortunately, there is very little transparency about the overall costs of running many public systems or the total direct and indirect fees that are charged to participants. Private member mutual accounts have an incentive to be transparent, further allowing members complete and full control of their healthcare records. An essential characteristic of a sound healthcare finance system is that a member who opts into private options sees accrued benefits that are not subject to the financial position of the public healthcare system. For example, one industry virtual health trailblazer, MyDr.co, offers cross-border consultations with doctors throughout Europe and is organized as a private mutual membership model. Each month, MyDr.co’s member dues are deposited inside their healthcare savings accounts. While earning interest, the funds from the savings accounts can be used as necessary throughout a member’s life. MyDr.co’s concept is 100x of the traditional HSA. Further scrutiny highlights the fact that economies of scale matter. That is, it is likely that as MyDr.co will increase in size, a proportion of assets will reduce and some (or all) of these benefits will be passed to our mutual members. With these cross-border private mutual memberships, scales are not pinned down to one country, or even one continent. This sort of efficiency allows for greater return on member health savings accounts, further allowing for the mutual account to offer special exclusive benefits depending on the size of membership. Private virtual health member mutual accounts are desirable in that they provide members with access to an independent body, should any disputes arise for patients navigating the public system. Perhaps more intriguing, private mutual savings accounts create a new lifetime growth asset for members. Public systems are bleeding money to keep their operations afloat. Bank.org recognizes the provision of healthcare savings benefits can represent an individual’s most important financial utility. There is good reason for such a provision to exist in the form of a private sector virtual health mutual account. Mydr.co’s findings are clear. Public options that delve into the exciting world of virtual health never result in savings. Instead, they perpetuate the old-world government budget tailspins into further depths of financial and budgetary jeopardy. Bank.org forecasts that the savings and/or insurance accounts that MyDr.co aims to offer as virtual health member mutual accounts provide administrative savings compared to public health plans. Many individuals will have access to better overall care, and these accounts also provide the overall best return for mutual savings accounts over time. MyDr.co sees an opportunity to add value through a broader range of virtual health access and is actively investing to expand service opportunities in Africa and Australia to extend the platform beyond Europe. Bank.org has thought about the future and notes healthcare savings accounts play a critical role in a multi-pillar asset structure, particularly in providing solutions for financial pressures associated with young populations. These healthcare savings assets are extremely wise, as the savings accounts represent assets set aside to provide future overall life benefits. Bank.org indicators show success in the level of assets set aside to fund growing each month versus the longer terms associated with public fund structures. The longer the period between contributions, the larger the total value of benefits that will be needed, and hence there will be an increased financial strain placed on the overall system. Monthly contributions prove to be a key factor in the ability of the system to pay future benefits. Bank.org aims to offer a voluntary opt-in private member mutual system outside of the government's public system with access to a range of financial and non-financial assets and informal support, such as healthcare and wellness points awarded for healthy behaviors. Ensuring that the accumulated benefits start as early as possible (focusing on students as they enter University) and are preserved over the course of life represents an important design feature for private member mutual arrangements. In addition to these design benefits, the most important contributor to the long-term confidence of virtual health mutual account members is that they receive good value from their membership at reasonable costs. Bank.org feels private health savings accounts are of great economic importance and that MyDr.co can supplement public health schemes and the associated current level of government debt and economic growth in each country.