Each transaction is instantly authorized prior to performance of services. The system provides insurers and funders an immense variety of data, allowing them to custom design authorization procedures to balance costs, losses and the level of service they wish to provide in competition with other providers. When the service has been rendered, electronic payment is made instantly at negligible cost. Since the transaction device is linked to all sources of funds, full payment from multiple sources is routine. The system has complete data on the costs, performance, training and capabilities of every health-care provider, which is available electronically to every consumer of health care.
Every consumer is free to select the source of their health care from any provider.
Health-care professionals are certified at different levels of competence, so that routine procedures are done at routine prices, rather than by the highest credentialed and most expensive. Emergency vehicles and facilities are equipped to override the encryption in the event an individual is incapacitated. With consent, the card can be electronically read on the premises of health care providers to produce all necessary medical history and create patient records in any desired format. Government participates fully to legislate public policy in order to insure a minimum level of care to each person, but is not involved as a direct provider, owner or controller of the system. Individuals have responsibility for and control over their own health and care, as well as the money required for that purpose and initiate all transactions.