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so goes your HIPAA! You must be wealthy to afford cash only ..
Actually, it costs less to go to him than it does to go to a provider in my network in the end. I'm also a broke grad student. Well, I'm actually somewhat wealthy but my current income is low.
Sounds interesting, but I doubt it can be done in all areas. What kind of physician is he? Sounds like he only treats normal diseases that cost little.
Basically I am like one of his patients. Although I am automatically insured by the state, if I had some issue I would walk in a practice and pay cash because the public system is quite bad, long waiting lists etc.
It's a great idea for clinic settings. It would be interesting seeing people take the money they could have paid into premiums and keep it around long enough for inpatient stays. Considering the savings rate of most people, 401(k) or regular, it's unlikely they could afford the $30k for a joint replacement (or for emergency care).
His practice serves it's purpose, and since I have a high deductible plan through the university, I choose to go to this guy and it ends up being a lot simpler and cheaper. I'm also predicting the government will try to make this practice illegal as it will claim it's "discriminatory" towards people who were forced to purchase insurance in the first place.
His political beliefs don't appear to be that strong at all. He's speaking at a Lawson event solely on the basis of restoring the doctor-patient relationship. I don't know or care to know his position on guns, abortion, etc.
I remember when as a young man, I went to the doc and there was one or two docs in the office, maybe a nurse, and one office worker who wore many hats.
Now I go to the doc and it's still one or two docs and maybe a nurse with at least 4 office personnel, who seem to be perpetually eating and expanding, for each doc. Gotta wonder.
I can see this working for a primary care practice with lower malpractice rates and no investment in imaging equipment. It certainly is cheaper than what I pay per month for a very, very high deductible insurance plan.
Yet, certain procedures, like medical imaging or allergy testing are very expensive. A lot of people will need these procedures during a lifetime too. Even if these procedures came down in price 50%, how many middle class and poor can quickly find an extra $400 to $500 dollars for a medically-necessary MRI?
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