The bushings do wear, and the only good solution is to replace the entire oscillating weight. One reason why servicing these regularly is important. Been a while since I bought a weight, but from memory they are not really cheap...but at last cjeck they are still available.
Not sure where you are getting your information about the Rolex movements, but they are most certainly jewelled at the oscillating weight post.
Note that the post is on the bridge for the Omega design, and the bushing on the weight, where on the Rolex the jewel in on the bridge, and the post is staked to the weight.
Cal 1520 you can see the jewel:
Cal. 1575:
Cal. 3035:
Cal. 3135:
They are all jewelled. This does not stop the post from wearing out, but they are certainly jewelled.
Cheers, Al
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